President’s Year 2000 Council, SEC, NYSE, NASD, ICI, SIA Outline Securities Industry Efforts For Smooth Transition Into Year 2000

This text is not the issuer's. It was produced by a language model from the official document, then checked automatically against DFIN's neutrality rules. The title above is carried verbatim.

This press release, dated Sept. 7, 2026, reports that the President's Council on Year 2000 Conversion, the SEC, NASD, NYSE, ICI, and SIA jointly outlined securities industry efforts to prepare for the Year 2000 date change. SEC Chairman Arthur Levitt stated that all of the Commission's mission critical and non-mission critical computer systems have been remediated, tested, and are now Year 2000 compliant. The document states that a "Year 2000 Investor Kit" was developed, containing tips for investors, a review of industry Y2K prevention efforts, frequently asked questions, a checklist, and guidance on checking personal computers and fax machines, accessible via the NASD website, by phone at 1-888-227-1330, or by email at y2k@nasd.com. NASD chairman Frank G. Zarb noted efforts to monitor over 5,000 member-firms, and SIA president Marc E. Lackritz stated that industry volunteers were developing contingency plans, including a coordination and communications center for the financial services industry.

Produced by claude-sonnet-5