FOR IMMEDIATE RELEASE                                       98-50

Washington, DC, May 14, 1998



 SEC Chairman Arthur Levitt to Deliver Speech at ICI Conference


What: Securities and Exchange Commission Chairman Arthur Levitt
      will deliver a speech on mutual fund issues at the
      Investment Company Institute's general membership meeting.

When: Friday, May 15, 1998; 7:45 a.m.

Where:Washington Hilton Hotel, 1919 Connecticut Avenue, NW,
      Washington, DC

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