You would create your new MyTableModel object, and then simply use it to set the currently displayed JTable's model. That's it. The key is getting the reference to the currently displayed JTable, and doing that will all depend on your code structure and what references you've passed where.
I'm not sure what you're trying to achieve with the TableModelEvent, but this is not needed.
If this answer is insufficient, then you will need to create and post your minimal, compilable, runnable example program so that we can better understand your problem.