SOURCE: New York Global Group

August 24, 2006 08:00 ET

New York Global Group President Benjamin Wey and Legal Counsel Michael Beckman Present at China Securities Industry Annual Conference in Beijing

NEW YORK, NY -- (MARKET WIRE) -- August 24, 2006 -- New York Global Group (NYGG) President, Benjamin Wey, spoke as an expert on China at the 2006 China Securities Industry Annual Conference today in Beijing. The annual conference is sponsored by China Securities Daily and led by the China Securities Regulatory Commission, which is China's regulatory body that oversees the Chinese securities markets. Mr. Wey's speech was focused on the development of China's fast-growing private sector, a key driver for economic growth in China.

NYGG legal counsel, Mr. Michael Beckman, of Beckman, Lieberman & Barandes in New York City, spoke regarding the impact of Sarbanes-Oxley on publicly listed firms as well as the increasingly important role that corporate governance plays in today's marketplace. Mr. James A. Garner, the 61st President of the US Conference of Mayors, spoke regarding the influence of the U.S. securities markets on international markets, especially that of China.

About New York Global Group

New York Global Group (NYGG) is a full-service global investment banking and strategic consulting firm with almost a decade of experience and expertise in bridging the cultural and regulatory gaps between the U.S. and Chinese markets. NYGG provides investment banking and institutional equity research services in the U.S. through its subsidiary New York Global Securities, Inc. (NYGS). In China, NYGG provides investment banking, research, due diligence and market entry-related services through its Beijing subsidiary New York Global Capital Investment Consulting, Ltd. (NYGC China), which has one of the largest due diligence staff among all U.S. firms doing business in China. NYGG has strategic partnerships with the Central Bank of China and AIU Shenzhen Branch, among other major financial institutions in the region. For more information visit: www.nyggroup.com

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