Regulation of Investment Advisers - The Ongoing Debate
September 19, 2012, New York City
In the wake of Dodd-Frank Act and the 2011 SEC study of investment adviser examinations, there have emerged a number of legislative and regulatory proposals that could dramatically change the relationship between investment advisory firms and their regulators. Depending on the size and nature of their business, advisors could even have a new regulatory examiner: the SEC, a state securities department, or possibly an SRO “to be named later.”
The reasons for these initiatives are varied, including the perceived need to increase the frequency and quality of examinations, the SEC's budgetary constraints, the growth of the industry and the increased complexity of its business.
What would work best for the industry and for its clients? What is the likely outcome? This discussion will focus on bringing some clarity to these questions as well as identifying what the impact of these changes on the investment management community could look like.
|
7:15 - 7:30 |
Registration |
|
|
7:30 - 8:00 |
Networking Breakfast |
|
|
8:00 - 8:30 |
Keynote: The Current State of Investment Adviser Regulation – What is Working Well? What Changes are Needed? AEGIS FRUMENTO, Esq., Partner, Stern Tannenbaum & Bell |
|
|
8:30 - 9:15 |
Panel One: Investment Adviser Examinations: the Regulators’ Options for increasing their Frequency and Efficacy DAVID ROZENSON, Esq., Boston Compliance Associates (Moderator) JONATHAN A. GOLUB, Esq., Tjong & Hsia LLP AEGIS FRUMENTO, Esq., Partner, Stern Tannenbaum & Bell GREG WOOD, Esq., GRMC Solutions MICHAEL L. SHERMAN, Partner, Dechert, LLP |
|
|
9:15 - 10:00 |
Panel Two: An SRO for Investment Advisers: the Proposed Legislation; Reactions to FINRA's bid; Converging Trends in Investment Adviser and Broker Dealer Regulation DAVID ROZENSON, Esq., Boston Compliance Associates (Moderator) JONATHAN A. GOLUB, Esq., Tjong & Hsia LLP AEGIS FRUMENTO, Esq., Partner, Stern Tannenbaum & Bell GREG WOOD, Esq., GRMC Solutions MICHAEL L. SHERMAN, Partner, Dechert, LLP |
|
| Fee |
$95 per person (Breakfast included) This event was closed. |
|
| Location |
| Address |
Bayards |
|
| Direction |
From West Side Highway: Take West Side Highway to Battery Park. Make left on Battery Pl., continue until the street turns into State St., then continue for approximately 2 traffic lights and make a left on Hanover Square. From FDR: FDR South to Exit 1 (Battery Park, Staten Island Ferry), make right on Broad St. Make right at first traffic light on Water St., go 2 traffic lights to Hanover Square and make a left. From Brooklyn Battery Tunnel: When exiting tunnel, stay to the left of the traffic light and turn left at the light. When making the left turn, stay right (do not go into underpass), continue on to Battery Place. Make left on Battery Pl., continue until the street turns into State St., then continue for approximately 2 traffic lights and make a left on Hanover Square. From Broadway: Take Broadway South to Liberty Street, make a left on Liberty Street, Continue for 5 Blocks to Pearl Street. Make a right on Pearl Street, Take Pearl Street to Hanover Square From Brooklyn Bridge: 2nd exit (FDR and Pearl St.) Make a right at traffic light. Take Pearl St. to Hanover Square. Subway: #2 or 3 to Wall St. #4 or 5 to Wall St. or Bowling Green #R or W to Whitehall St./South Ferry |