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Advisories
For more information, please contact:
Gwen Osborne, director of public affairs, (312) 906-5251

ADVISORY TO PRODUCERS, COLUMNISTS AND ASSIGNMENT, LEGAL, PLANNING, BUSINESS, AND DAYBOOK EDITORS

CHICAGO-- July 19, 2004--Chicago-Kent College of Law, the Stuart Graduate School of Business and the Center for Financial Markets have experts available to discuss current issues. To reach any of our experts, call Gwen Osborne, director of public affairs, at (312) 906-5251. Copies of press releases and earlier advisories are available on our Web site: http://www.kentlaw.edu/news/

Security on official Web sites for the Bush-Cheney and Kerry-Edwards campaigns are inadequate, according to analysts who examined the sites for Wired magazine. In addition to security issues, the magazine found potential privacy problems related to tracking. Chicago-Kent professor Richard Warner is president of Standards Association for Elections Online (SAFE), a nonprofit organization that develops standards and practices for online campaign activity and endorses third-party monitors who certify campaign Web sites as abiding by SAFE standards. Professor Warner is available for interviews.

Interest rates may rise soon. Federal Reserve Chairman Alan Greenspan told the Senate Banking Committee the economy could withstand gradual interest rate increases. The Fed last month raised interest rates for the first time in four years and Greenspan has indicated that rates might climb at a faster pace if inflation worsens. Professor Robert Laurent of Stuart Graduate School of Business served as a senior economist with the Federal Reserve Bank of Chicago, where he participated in regular briefings and policy recommendations regarding U.S. monetary policy. Professor Laurent is available for interviews.

"Paper kills." Calling for a technology-based public health infrastructure, former House Speaker Newt Gingrich told the House Government Reform Technology Subcommittee that "a paper-based system is an ignorant system" responsible for costly medical errors. Gingrich repeated his message this week at the National Governors Association, where he discussed the role of information technology in the future of healthcare. Professor Elie Geisler, director of the Center for the Management of Medical Technology at Stuart Graduate School of Business, is available for interviews on the role of technology in health care delivery. He is the author of Management of Medical Technology and The Hospital of the Future.

The Sarbanes-Oxley Act was enacted in July of 2002 in the aftermath of several high profile business scandals as a way to restore investor confidence in publicly traded companies. Under provisions of the law, CEOs and CFOs face civil and criminal penalties and fines for filing inaccurate corporate statements. Although chief information security officers are not directly accountable for the accuracy of the information contained in filings required by Sarbanes-Oxley, they are responsible for implementing policies, practices, and systems necessary to ensure compliance with law. Sharon O'Bryan, a former senior vice president, chief information security officer and chief privacy officer at ABN AMRO, currently is president of O'Bryan Advisory Services. She is available to discuss the role of chief information security officers with regard to Sarbanes-Oxley compliance. O'Bryan is also available to discuss Chicago-Kent's new CPE Certificate Program in Technology Law.

What are the top ten reasons hedge funds don't need increased SEC oversight? The Securities and Exchange Commission has approved a proposal that would require hedge fund advisers with 15 or more clients and $25 million in assets to register with the agency. But professor Keith H. Black of the Center for Financial Markets at Stuart Graduate School of Business says the increased scrutiny is unnecessary. Professor Black, the author of a forthcoming book, Managing a Hedge Fund, available to discuss his list.

Sustainable development is good business and community growth. Professor George Nassos, director of the Stuart School's graduate program in environmental management and its Center for Sustainable Enterprise, is available for interviews about the 2004 BELL conference, a unique gathering of educators and business and community leaders later this month.

 

Downtown Campus Events:

July 22-24: "Building a Sustainable City through Sustainable Enterprise" is the theme of the 2004 Business, Environment, Learning and Leadership (BELL) conference. Business leaders, educators and community leaders will examine the impact of sustainability issues on a city's economic vitality. Participants will explore, develop and support enterprise models based on sustainability principles. This unique program that attracts approximately 100 business schools from 20 countries gives professors the tools to train the next generation of corporate leaders in sustainable enterprise practices. The BELL conference is co-hosted by the World Resources Institute and IIT's Stuart Graduate School of Business in collaboration with the University of Illinois at Chicago's Institute for Environmental Science and Policy and Kellogg School of Management--Northwestern University. For registration, a more detailed agenda and information about guest speakers, visit the conference Web site at: http://www.stuart.iit.edu/bell/index.html


--DTC--

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