SEC Announces Saving and Investing Campaign Details

Washington, DC, February 18, 1998 - Today, the SEC released the details of its Facts on Saving and Investing Campaign, a week of nationwide activities devoted to investor education. The week will start on Sunday, March 29 and culminate in a National Investors Town Meeting on Saturday, April 4, 1998. The Institute is a partner in this SEC initiative and has been working with the Office of Investor Education and Assistance, which is organizing the campaign. The SEC has launched an informal website to help campaign partners and participants share planning information about the campaign. Contact SEC's Nancy Smith, John Nester, or Gerri Walsh at 202-942-7040 for more information. ICI members may contact Julie Domenick, julie@ici.org, or Sue Duncan, duncan@ici.org, for more information.

Today, the SEC announced the following:

Kickoff news conference with Chairman Levitt on February 24 in Washington, DC to announce the campaign, unveil a slogan and logo, and release a national report on the need for investor education. Institute President Matthew P. Fink will participate in this event.

Daily Themes: Each day of the week will have a focus around which programs can be planned.

• Monday, March 30: Americans Need Financial Education
• Tuesday, March 31: Get a "Ballpark Estimate" of Your Retirement Needs
• Wednesday, April 1: Set Realistic Expectations
• Thursday, April 2: Teach Our Children
• Friday, April 3: You Can Do It: Start Small, Think Big. KnowYour Rights and Responsibilities.
• Saturday, April 4: National Investors' Town Meeting

Investor Education Seminars

Ballpark Estimate of your retirement needs

Educational programs for schools

Money 2000 program

Media outreach activities. For example, USA Today has agreed to "partner" with the SEC in providing advertising and editorial support leading up to and including education week.

A National Town Meeting featuring Chairman Levitt scheduled for 1 - 3 pm EST in Washington, DC on Saturday, April 4. This meeting will be broadcast to downlink sites across the country using USDA's national satellite network. Federal and state organizations will be hosting local town meetings around the national broadcast. The ICI is helping to coordinate this national initiative with the SEC and has developed a mutual fund module for use at all SEC Town Meetings. Please call Sue Duncan at 202-326-5880 if you are interested in presenting this module, which has been cleared through the SEC.

The SEC has developed guidelines for financial industry groups, regulated firms or individuals, and companies participating in the Saving and Investing Campaign. The SEC requires that the guidelines be followed.