FOR IMMEDIATE RELEASE                                     99-142

 Joanne Cronrath Bamberger Named Deputy Director of the Office
                       of Public Affairs
                                
     Washington, DC, October 26, 1999 -- The Securities and
Exchange Commission today named Joanne Cronrath Bamberger Deputy
Director of the Office of Public Affairs.  Since 1995 Ms.
Bamberger has been an attorney in the SEC's Division of
Enforcement.  She succeeds Duncan King, who left the Commission
in August to work at Salomon Smith Barney.

     SEC Public Affairs Director Chris Ullman said, "I am quite
pleased to have Joanne join our Public Affairs team.  Her legal
and journalism skills are unique assets and will help us better
convey the Commission's activities and positions to the public."

     As Deputy Director, Ms. Bamberger will be a key advisor to
the Director, serve as a Commission spokeswoman, and share in the
management of the Office.

     Prior to joining the Commission in 1995, Ms. Bamberger was a
litigation attorney in the Baltimore and Washington, DC offices
of the law firm of Piper & Marbury.  Before entering the legal
profession, Ms. Bamberger spent ten years as a broadcast
journalist in Kansas City, Missouri; Wichita, Kansas;
Springfield, Massachusetts; Utica, New York; and Bloomsburg,
Pennsylvania.

     Ms. Bamberger, 41, received her B.A. in Political Science
from Wichita State University and her J.D. from the University of
Kansas School of Law.

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