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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-- August 2, 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/

U.S. Senate candidate Barack Obama's high-tech campaign uses the Internet to give his supporters updated information, recruit volunteers, raise funds and organize meetings. The Obama campaign reported that on the evening he delivered the keynote address at the Democratic National Convention in Boston, his Web site was averaging 350 hits per second and he received nearly $60,000 in campaign contributions. 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 about SAFE and Internet campaigns.

President Richard M. Nixon resigned from office August 9, 1974. One month later, President Gerald R. Ford gave his predecessor a "full, free and absolute" pardon for "all offenses against the United States" during Nixon's years as president. Chicago-Kent dean Harold J. Krent is a constitutional scholar who is an expert on executive privilege and presidential pardons. He is available for interviews.

The opening ceremonies of the 2004 Summer Olympic Games will be held in Athens on August 13. The Olympic Village has opened and the International Olympic Committee's Anti-Doping rules are in effect and will be in force until the games end August 29. All athletes are subject to tests for banned substances at any place and time without prior warning. Sports attorney and adjunct professor Eldon L. Ham, author of The 100 Greatest Sports Blunders of All Time, is available for interviews.

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, is available to discuss his list.


 


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