Corporate & Securities

Financial Products

Recorded on: Feb. 25, 2013

PAUL J. SHIM: So welcome back. Hope everyone enjoyed a brief break. Now that we've discussed the decision to affect the spin off as well as the parameters that go into the architectural design, we're now going to go into the nitty-gritty of actually carrying the spin off out and pulling it off. For this panel I'm pleased to be joined by Howard Adler of Clifford Chance and my Cleary Gottlieb colleague, Daniel Ilan, who's filling in today for Russ Binns, ...

Published: November 2011
Last Updated: December 2012

Recorded on: Jun. 1, 2012

Taken from the Web Program JOBS Act 2012: What You Need to Know Now Recorded May, 2012 in New York Exempt Offerings Under the JOBS Act: Crowdfunding and Regulation A+ [00:57:19] How exempt crowdfunding offerings will be conducted Regulation of funding portals Opportunities created by the new Section 3(b)(2) exemption SEC rulemaking efforts on crowdfunding and Section 3(b)(2) exemptions The purchase price of this segment ...

Recorded on: Jan. 23, 2013

Taken from the Web Program Taxation of Financial Products and Transactions 2013 Recorded January, 2013 in New York Final Regulations under Section 871(m) [01:02:02] Issues under the proposed regulations Government attorneys’ latest thinking Discussion of final regulations (if released) The purchase price of this segment includes the following article(s) from the Course Handbook available online: Considerations for ...

Recorded on: Jul. 3, 2012

LAUREN: --with us. Thank you. CLIFFORD KIRSCH: Thanks Lauren. Thanks everyone for being back with us for this wrap up panel. And what we wanted to do to take us to the end of the program for the next hour and 15 minutes is look at three areas-- financial responsibility, which Allison made a very, very quick reference to this morning about customer protection and net capital knowing that we would speak about later. We save it for this. But it's such ...

Recorded on: May. 4, 2010

SPEAKER 1: With that, we've had two web questions, which I'll just address quickly. The first is that courts have frequently ruled that item 303, which is the MD&A discussion of known trends and uncertainties that we discussed, is not actionable in the context of securities lawsuits. And the question is, has the SEC taken a correspondingly looser stance on item 303, with respect to enforcement? And I think, from my perspective, the answer is, ...

Recorded on: Apr. 17, 2012

ANNA T. PINEDO: We're going to go ahead and get started again with our next two sessions. And first up we have offerings occurring in close proximity to one another. And with us this morning, we have Stan Keller, a partner in the Boston office of Edwards Wildman Palmer. And Stan has, for years, been writhing an outline on integration issues, a copy of which is in the book for today's session. And that has been an extremely valuable resource for practitioners ...

Recorded on: Apr. 22, 2013

ANNA PINEDO: So joining us for the integration discussion today are Cathy Dixon. And Cathy's a partner in Weil Gotshal's Washington DC office in the securities area. And before joining Weil, Cathy was the chief counsel of the Division of Corporation Finance at the SEC. And also joining us is Stan Keller, a partner at Edwards Wildman Palmer in Boston. And Stan, of course, has extensive experience in securities offerings and has been very actively ...

Recorded on: Jan. 27, 2011

RICHARD A. GOLDBERG: OK, we're going to get started again. Pleased to introduce our next speaker, Jonathan Knee. Jonathan is a Senior Manning Director at Evercore. He's also Adjunct Professor at Columbia Business School and has written a couple of books, which he may shamelessly promote during this segment. He's going to be talking to us about the financing of a transaction from the investment banking perspective. JONATHAN A. KNEE: Great. Richard ...

Recorded on: Mar. 8, 2012

CLIFFORD KIRSCH: All right. We are back, and we are here for our next session, which is hot topics in supervision. And this next panel I'm going to put into the good hands of Stephanie Nicholas. Stephanie's a partner at WilmerHale in DC, where she's a member of the broker-dealer compliance and regulation practice group. Stephanie, thanks for being here, I'm going to turn it over to you to introduce the panelists and tee things up for us. STEPHANIE ...

Recorded on: Jan. 14, 2013

MALE SPEAKER: Good morning to everyone in the room here, and on the web. Welcome back for day two of our program. This morning, for the first segment, we're going to talk about more financial products, a different type. And then we're going to have a pause to hear from a tax practitioner about some of the tax issues that arise in this area of practice. We can never cover everything, so each year, we choose topics that seem to be topical and interesting. I ...

Recorded on: Apr. 19, 2012

JOHN W. WHITE: OK. Thank you. And you're welcome back to our program. I hope we're going to get our slides here soon on the screen. But if you want to go to the slides, I would take you to slide 20 of the tab 5 or the-- ah, here we go. Hold on. It's going to take me-- I gotta do a lot of scrolling through to get there to slide 20. I don't walk and chew gum at the same time. ROBERT EVANS: Stuff we're skipping will be on the final, in case you're wondering. JOHN ...

• Oct. 16, 2013 New York, NY
• Oct. 16, 2013 Columbus, OH

• Oct. 16, 2013 Webcast

• Oct. 16, 2013 Pittsburgh, PA
• Oct. 16, 2013 Birmingham, AL
• Oct. 16, 2013 Philadelphia, PA
• Oct. 16, 2013 Mechanicsburg, PA

Over-the-counter (OTC) derivatives are key elements in many of our financial markets. The Dodd-Frank Act is substantially changing how these important instruments are regulated and transacted. This program will introduce you to both the instruments and their new environment.A derivative is a financial instrument that allocates the risks and price exposures associated with a designated reference asset or entity between the parties thereto. Derivatives ...

From the program: Fundamentals of Broker-Dealer Regulation 2012

Released on: Jul. 9, 2012

Major changes in broker-dealer regulation and the industry have come about as a result of the financial services crisis and the resulting regulatory reform.  At the same time, FINRA continues to overhaul its rulebook as part of its Rulebook Consolidation process.  This program will provide you with a solid foundation in the regulatory regime applying to broker-dealers, including what to expect next regarding broker-dealer regulation.  Learn ...

• Jun. 24, 2013 New York, NY

• Jun. 24, 2013 Webcast

• Jun. 24, 2013 New Brunswick, NJ
• Jun. 24, 2013 Philadelphia, PA
• Jun. 24, 2013 Pittsburgh, PA
• Jun. 24, 2013 Boston, MA
• Jun. 24, 2013 Mechanicsburg, PA
• Jun. 24, 2013 Birmingham, AL

Major changes in broker-dealer regulation and the industry have come about as a result of the financial services crisis and the resulting regulatory reform. At the same time, FINRA’s overhaul of its rulebook as part of its Rulebook Consolidation process is almost complete. This program will provide attendees with a solid foundation in the regulatory regime applying to broker-dealers, including what to expect next regarding broker-dealer regulation. ...

From the program: Fundamentals of Investment Adviser Regulation 2012

Released on: Aug. 1, 2012

In the aftermath of the financial crisis and the resulting regulatory reform, the SEC has advanced significant rulemaking to impose a greater degree of controls on investment advisers’ operations.  In fact, the SEC has put the regulation of investment advisers under the microscope.  At the same time, Congress is considering financial regulatory reform that could impose a new self-regulatory organization in charge of adviser regulation.  In ...

• Jul. 17, 2013 New York, NY

• Jul. 17, 2013 Webcast

• Jul. 17, 2013 Philadelphia, PA
• Jul. 17, 2013 Pittsburgh, PA
• Jul. 17, 2013 Mechanicsburg, PA
• Jul. 17, 2013 Birmingham, AL
• Jul. 17, 2013 Boston, MA
• Jul. 17, 2013 New Brunswick, NJ

In the aftermath of the financial crisis and the resulting regulatory reform, the SEC has advanced significant rulemaking to impose a greater degree of controls on investment advisers’ operations. In fact, the SEC has put the regulation of investment advisers under the microscope, establishing new rules related to adviser custody, political contributions and adviser disclosure and has retooled its adviser exam program.At this program, attendees will ...

Recorded on: Jul. 14, 2011

YUKAKO KAWATA: OK, welcome back, everybody. So we are about to start the first of the two MNA panels for this afternoon. So let me introduce the panel. To my right is my partner John Bick. He is the head of Davis Polk's corporate department and a member of the firm's three-person management committee. He has an extensive practice in private equity, representing a number of private equity funds. To John's right is Sean Murphy, who is a managing director ...

Course Handbook from the program Fundamentals of Swaps & Other Derivatives 2011, held October, 2011.

Recorded on: Apr. 30, 2013

CLIFFORD E. KIRSCH: I'd like to get started again. And in this next panel, we begin taking a dive into the regulation of investment companies, as it exists today and, again, taking a pretty in-depth look into the Investment Company Act. And in this panel, Fund Anatomy, we take an inside look at the mutual fund. And what we're going to look at is the mutual fund regulations, with respect to the board of directors, portfolio management, and also how ...

Recorded on: Apr. 30, 2013

LAURIN BLUMENTHAL KLEIMAN: Welcome back. This next panel is always a real crowd-pleaser. Fund litigation-- we just got finished talking about the regulatory oversight and what the SEC can do to make a fund's life challenging. Now we're going to talk about the adventures that funds have gone through in the courts. My two panelists have been with this program for several years, and it's always really interesting to hear what they have to say. To my ...

Recorded on: Apr. 30, 2013

CLIFFORD E. KIRSCH: Alrighty, welcome back. We're going to start. I know others will be joining us as we begin chatting. And welcome back to the folks on the web as well. Thanks for joining us. On this panel, we're going to go for an hour, looking at how a mutual fund markets itself and sells fund shares. And I'm delighted to be able to welcome two folks who are new to this program but not new at all to investment management regulation. To my far ...

From the program: Global Capital Markets & the U.S. Securities Laws 2012: Raising Capital in an Evolving Regulatory Environment

Released on: Jun. 6, 2012

DVD's from the program Global Capital Markets & the U.S. Securities Laws 2012: Raising Capital in an Evolving Regulatory Environment, held April, 2012.

• Jun. 5, 2013 New York, NY

• Jun. 5, 2013 Webcast

• Jun. 5, 2013 New Brunswick, NJ
• Jun. 5, 2013 Boston, MA
• Jun. 5, 2013 Philadelphia, PA
• Jun. 5, 2013 Mechanicsburg, PA
• Jun. 5, 2013 Columbus, OH
• Jun. 5, 2013 Pittsburgh, PA

Capital markets are adjusting to a wide range of evolving regulatory standards which affect the way in which offerings are conducted around the world. At the same time, issuers around the world are subject to changing accounting and corporate governance standards, while market participants navigate new ground in derivative product regulation. Issuers and market participants also face an increasingly active global enforcement environment targeting ...

• Sep. 12, 2013 New York, NY

• Sep. 12, 2013 Webcast

• Sep. 12, 2013 Birmingham, AL
• Sep. 12, 2013 Columbus, OH
• Sep. 12, 2013 Boston, MA

In 2012, hedge funds and their managers faced their first year of operations under new regulations enacted under Dodd-Frank. New entrants to the hedge fund industry now had large barriers to entry; existing managers had to deal not only with new regulations but many were also forced to grapple with regulatory investigations and insider trading allegations. At the same time, hedge fund managers had to continue to deal with the day-to-day operational ...