The Knowledge Congress Has Scheduled a Live Teleconference on SEC Adopts Amendments to Rules 144 and 145

New York, NY, June 08, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences, has announced today that it has scheduled a live teleconference and webinar on SEC Adopts Amendments to Rules 144 and 145. This two-hour event is scheduled on Wednesday, June 11, 2008 at 1:00 PM to 3:00 PM (EDT – New York).

Amendments to Rule 144 and 145 take effect on February 15, 2008. Under the new Rule 144, restricted securities are now exempted from registration as long as certain requirements are complied with, like the 6-month holding period. On the other hand, Rule 145 provides that any party, other than an issuer, who sells securities of a shell company wherein the approval of the shareholders are required, shall be regarded as an underwriter transaction. There will likely be much uncertainty on both sides. Companies should take a closer look at these amendments in order to understand their impact on transacting securities. The Knowledge Congress has assembled a panel of distinguished experts to talk about the key features of these amendments, the comparison between these two rules and its effect on companies.

Speakers/Faculty Panel

Katherine Hsu, Special Counsel, Office of Rulemaking, Division of Corporation Finance, U.S. Securities and Exchange Commission

Ronald Mueller, Partner, Gibson Dunn & Crutcher

Laurie L. Green, Partner, Holland & Knight LLP

For updated list of the faculty panel, please visit: http://www.knowledgecongress.org/event_2008_Rules144&145.html

About The Knowledge Congress

The Knowledge Congress is an organization that produces teleconferences and webinars that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”

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