FOR IMMEDIATE RELEASE                                     2000-99
                                
SEC Announces Schedule of Witnesses for Public Hearing on Auditor
                          Independence
                                
                     Schedule of Appearances
                 Public Hearing - July 26, 2000
                        9:00 am - 5:30 pm

     Washington, DC, July 20, 2000 -- As previously announced,
the Commission is holding a public hearing on Wednesday, July 26,
2000 in connection with its proposed rule amendments regarding
auditor independence.  The hearing will take place in the William
O. Douglas Room of the Commission's headquarters at 450 Fifth
Street, N.W., Washington, D.C. 20549.  The following is a
schedule of appearances for the hearing:
     
9:00 am:  Opening Statements by the Chairman and Commissioners

9:20 am:  Session One

          John D. Hawke, Jr., Comptroller of the Currency

9:40 am:  Session Two

          J. Michael Cook, former Chairman and CEO, Deloitte &
               Touche

10:00 am: Session Three

          Rick Antle, Professor of Accounting, Yale School of
               Management
          John C. Coffee, Jr., Professor of Law, Columbia
               University Law School
          Paul B.W. Miller, Professor of Accounting, University
               of Colorado at Colorado Springs

11:10 am: Break

11:20 am: Session Four

          John H. Biggs, Chairman, President and CEO, TIAA-CREF
          Ray J. Groves, former Chairman and CEO, Ernst & Young

12:00 pm: Lunch Break

1:00 pm:  Session Five

          Representative, Arthur Andersen
          Representative, Deloitte & Touche
          Representative, KPMG



2:00 pm:  Session Six

          Jack T. Ciesielski, R.G. Associates, Inc. and
               Publisher, The Analyst's Accounting Observer

2:20 pm:  Session Seven

          William T. Allen, Chair, Independence Standards Board
          John C. Bogle, Member, Independence Standards Board
          Robert E. Denham, Member, Independence Standards Board
          Manuel H. Johnson, Member, Independence Standards Board

3:10 pm:  Break

3:20 pm:  Session Eight
          
          George Loewenstein, Professor of Economics and
               Psychology, Carnegie Mellon University
          Max H. Bazerman, Professor, Kellogg Graduate School of
               Management, Northwestern University, and Fellow,
               Harvard Business School
          Douglas R. Carmichael, Professor of Accounting, Bernard
               M. Baruch College, City University of New York,
               and former Vice-President, AICPA
          Curtis C. Verschoor, Research Professor, DePaul
               University

4:20 pm:  Session Nine

          Dan L. Goldwasser, Vedder, Price, Kaufman & Kammholz
          Alfred M. King, Chairman of the Board, Valuation
               Research Corporation
          Mark Santarsario, President, Marshall & Stevens, Inc.
          Nimish Patel, Pollet & Richardson

5:30 pm:  Conclusion


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