SEC Brings First Regulation FD Enforcement Actions

FOR IMMEDIATE RELEASE
2002-169

Washington, D.C., November 25, 2002 — Today the Securities and Exchange Commission instituted three settled enforcement actions and issued one Report of Investigation relating to Regulation FD. The actions, and the accompanying releases, are: In the Matter of Raytheon Company and Franklyn A. Caine, Release No. 34-46897; In the Matter of Secure Computing Corporation and John McNulty, Release No. 34-46895; In the Matter of Siebel Systems, Inc., Release No. 34-46896, Litigation Release No. 17860; and Report of Investigation in the Matter of Motorola, Inc., Release No. 34-46898. These are the first Regulation FD enforcement actions taken by the Commission.

Contacts:

Raytheon
Wayne M. Carlin, Regional Director
Northeast Regional Office
646-428-1510

Mark Schonfeld, Associate Regional Director
646-428-1650

Secure Computing
Helane L. Morrison, District Administrator
San Francisco District Office
415-705-2450

Robert L. Mitchell, Assistant District Administrator
415-705-2351

Siebel Systems
Antonia Chion, Associate Director
Division of Enforcement
202-942-4567

Scott W. Friestad, Assistant Director
202-942-4732

Motorola
Wayne M. Carlin, Regional Director
Northeast Regional Office
646-428-1510

Barry Rashkover, Associate Regional Director
646-428-1856