You’ll hear expert panelists discuss: significant business and legal developments in the investment management area over the past year and important regulatory initiatives such as:
- The SEC’s regulatory agenda
- Potential new regulations affecting money-market funds
- Potential SEC staff guidance regarding derivatives used by registered funds
- Potential new regulatory initiatives relating to target date funds and exchange-traded funds
- Governance initiatives of importance to fund independent directors and trustees
- New legislative initiatives: the JOBS Act and the STOCK Act
- The future of investment adviser oversight
- Mutual fund distribution, including the use of social media
- Effect of CFTC, DOL and FINRA regulations on the fund industry
- The regulation of private fund managers
- Up-to-date SEC staff investment management compliance guidance
- Working with the SEC’s adviser pay-to-play rule
- Investment management examination hot buttons
- New developments in insurance products
- Recent investment management litigation trends
- The continued focus on enforcement in the asset management area
- Ethics for the investment management practitioner
In this program, you will hear from current and former regulators, industry experts and practitioners about these regulatory matters, as well as about business topics such as developments of new financial products and services.
Lecture Topics [Total time 09:26:21]
Segments with an asterisk (*) are available only with the purchase of the entire program.
- Introduction* [00:08:11]
Barry P. Barbash, Paul F. Roye
- Keynote Talk* [00:16:28]
David W. Grim
- Current Division of Investment Managment Agenda [01:18:56]
Barry P. Barbash, Paul F. Roye, David W. Grim
- Other Regulatory Regimes Affecting the Investment Management Industry [01:04:56]
Paul F. Roye, Susan C. Ervin, Melanie Franco Nussdorf, Thomas M. Selman
- The Regulation of Private Fund Managers [01:02:27]
Barry P. Barbash, Stephanie R. Breslow, Tram N. Nguyen
- Compliance and Inspections [01:03:17]
Paul F. Roye, Andrew J. Bowden, Philip L. Kirstein, Lori Richards
- Hot Topics in Insurance Products and Services [01:03:43]
Gary O. Cohen, William J. Kotapish, Stephen E. Roth
- Litigation [01:12:20]
Barry P. Barbash, James N. Benedict, Lori A. Martin
- The Continuing Specter of Enforcement [01:14:21]
Barry P. Barbash, J. Bradley Bennett, David A. Chaves, Julie M. Riewe
- Ethics [01:01:42]
Michael S. Sackheim
The purchase price of this Web Program includes the following articles from the Course Handbook available online:
- SEC Agenda Panel
Paul F. Roye
- Regulation of Investment Advisers by the U.S. Securities and Exchange Commission
Paul F. Roye
- Financial Stability Oversight Council--Proposed Recommendations Regarding Money Market Mutual Fund Reform
Paul F. Roye
- U.S. Securities and Exchange Commission: Investment Management Staff Issues of Interest
Paul F. Roye
- Remarks to the ALI CLE 2012 Conference on Investment Adviser Regulation: Legal and Compliance Forum on Institutional Advisory Services by Norm Champ, Director, Division of Investment Management, U.S. Securities and Exchange Commission
Paul F. Roye
- Remarks to the ALI CLE 2012 Conference on Life Insurance Company Products by Norm Champ, Director, Division of Investment Management, U.S. Securities and Exchange Commission
Paul F. Roye
- Keynote Address at the National Society of Compliance Professionals National Meeting by Commissioner Daniel M. Gallagher, U.S. Securities and Exchange Commission
Paul F. Roye
- Remarks to the IRI 2012 Government, Legal & Regulatory Conference by Susan Nash, Associate Director, Division of Investment Management, U. S. Securities and Exchange Commission
Paul F. Roye
- Overview of ERISA
Melanie Franco Nussdorf
- CFTC Regulation: Use of Derivatives in Investment Management
Susan C. Ervin
- Alert--SEC Updates Form PF Frequently Asked Questions
Stephanie R. Breslow
- Client Memorandum--Final Rules for the Private Fund Investment Advisers Registration Act of 2010
Stephanie R. Breslow
- Alert--Private Fund Systemic Risk Reporting
Stephanie R. Breslow
- Alert--Private Fund Systemic Risk Reporting
Stephanie R. Breslow
- Alert--Financial Regulatory Reform: Key Issues for Private Fund Managers
Stephanie R. Breslow
- Examinations by the Securities and Exchange Commission's Office of Compliance Inspections and Examinations
Paul F. Roye
- Letter from the SEC Office of Compliance Inspections and Examinations Regarding the National Exam Program (NEP)
Paul F. Roye
- SEC Office of Compliance Inspections and Examinations Staff Summary Report on Examinations of Information Barriers: Broker-Dealer Practices Under Section 15(g) of the Securities Exchange Act of 1934
Paul F. Roye
- National Examination Risk Alert by the Office of Compliance Inspections and Examinations--Volume II, Issue 2--Strengthening Practices for Preventing and Detecting Unauthorized Trading and Similar Activities
Paul F. Roye
- National Examination Risk Alert by the Office of Compliance Inspections and Examinations--Volume II, Issue 1--Investment Adviser Use of Social Media
Paul F. Roye
- Press Release--SEC Sanctions Two Investment Advisers for Impeding Examinations
Paul F. Roye
- Conflicts of Interest and Risk Governance--Remarks by Carlo V. di Florio, Director, Office of Compliance Inspections and Examinations, at the National Society of Compliance Professionals
Paul F. Roye
- SEC Anti-Money Laundering (AML) Source Tool for Mutual Funds
Paul F. Roye
- Risk Assessment at the U.S. Securities & Exchange Commission--Remarks by Craig M. Lewis, Chief Economist and Director, Division of Risk, Strategy and Financial Innovation, U.S. Securities & Exchange Commission, at the Risk Minds USA Conference
Paul F. Roye
- Speech by SEC Staff: What SEC Registration Means for Hedge Fund Advisers, by Norm Champ, Deputy Director, Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission, at the New York City Bar
Paul F. Roye
- Speech by SEC Staff: Address at the Private Equity International Private Fund Compliance Forum, by Carlo V. di Florio, Director, Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission
Paul F. Roye
- Remarks at "The SEC Speaks in 2012" by Commissioner Daniel M. Gallagher, U.S. Securities & Exchange Commission
Paul F. Roye
- Speech by SEC Staff: Remarks at the Compliance Outreach Program, by Carlo V. di Florio, Director, Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission
Paul F. Roye
- Press Release: SEC Penalizes Investment Advisers for Compliance Failures
Paul F. Roye
- Order Instituting Administrative and Cease-And-Desist Proceedings Pursuant to Sections 203(e), 203(f), and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order in the Matter of EM...
Paul F. Roye
- Order Instituting Administrative and Cease-And-Desist Proceedings Pursuant to Sections 203(e), 203(f), and 203(k) of the Investment Advisers Act of 1940, and Section 9(b) of the Investment Company Act of 1940, Making Findings, and Imposing Remedial. . .
Paul F. Roye
- Order Instituting Administrative and Cease-And-Desist Proceedings Pursuant to Sections 203(e), 203(f), and 203(k) of the Investment Advisers Act of 1940, and Sections 9(b) and 9(f) of the Investment Company Act of 1940, Making Findings, and Imposing. . .
Paul F. Roye
- Order Instituting Administrative and Cease-And-Desist Proceedings Pursuant to Section 15(b)(6) of the Securities Exchange Act of 1934, Sections 203(e), 203(f), and 203(k) of the Investment Advisers Act of 1940, and Sections 9(b) and 9(f) of the. . .
Paul F. Roye
- Order Instituting Administrative and Cease-And-Desist Proceedings Pursuant to Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-And-Desist Order in the Matter of. . .
Paul F. Roye
- Order Instituting Administrative and Cease-And-Desist Proceedings Pursuant to Sections 203(e) and 203(k) of the Investment Advisers Act of 1940 and Section 9(b) of the Investment Company Act of 1940, Making Findings, and Imposing Remedial Sanctions. . .
Paul F. Roye
- Order Instituting Administrative and Cease-And-Desist Proceedings Pursuant to Section 15(b)(4) of the Securities Exchange Act of 1934, Sections 203(e) and 203(k) of the Investment Advisers Act of 1940 and Section 9(b) of the Investment Company Act. . .
Paul F. Roye
- Order Instituting Administrative and Cease-And-Desist Proceedings Pursuant to Section 15(b)(6) of the Securities Exchange Act of 1934, Sections 203(e), 203(f) and 203(k) of the Investment Advisers Act of 1940 and Section 9(b) of the Investment Company...
Paul F. Roye
- Order Instituting Administrative and Cease-And-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Sections 203(e), 203(f) and 203(k) of the Investment Advisers Act of 1940 and Section 9(b) of the Investment Company Act. . .
Paul F. Roye
- FS Regulatory Brief--What Mutual Fund CCOs and GCs Are Talking About Now
Lori Richards
- SEC and State Disclosure Developments Impacting Variable Insurance Products and Underlying Mutual Fund Shares
Gary O. Cohen
- SEC and State Regulation of Indexed Annuities After the Dodd-Frank Act
Gary O. Cohen
- New Volatility Controlled/Hedged Insurance Product Funds
Stephen E. Roth
- Developments in Litigation Involving Mutual Funds and Investment Advisers
James N. Benedict, Sean Murphy
- Enforcement Trends and Themes
Carol Robinson Schepp, Lori A. Martin
- 2012 SEC Investment Management Enforcement Actions: A Summary Chart
Barry P. Barbash
- Professional Responsibility Issues Under Title VII of the Dodd-Frank Act
Michael S. Sackheim
- Current Environment: OCIE (PowerPoint Slides)
Paul F. Roye
- Index to Investment Management Institute 2013
Co-Chair(s)
Paul F. Roye ~ Senior Vice President, Fund Business Management Group, Capital Research and Management Company
Speaker(s)
David A. Chaves ~ Securities Program Coordinator, Federal Bureau of Investigation
David W. Grim ~ Deputy Director, Division of Investment Management, U.S. Securities and Exchange Commission
Philip L. Kirstein ~ Senior Officer & Independent Compliance Officer Mutual Funds, AllianceBernstein Mutual Funds
William J. Kotapish ~ Assistant Director; Office of Insurance Products, U.S. Securities and Exchange Commission
Tram N. Nguyen ~ Branch Chief, Private Funds Branch, Division of Investment Management, U.S. Securities and Exchange Commission
Lori Richards ~ Principal, Regulatory Services, PricewaterhouseCoopers LLP
Julie M. Riewe ~ Deputy Chief, Asset Management Unit, Division of Enforcement, U.S. Securities and Exchange Commission
Thomas Selman ~ Executive Vice President, Regulatory Policy, Financial Industry Regulatory Authority (FINRA)
PLI makes every effort to accredit its On-Demand Web Programs and Segments. Please check the CLE Calculator above for CLE information specific to your state.
On-Demand Web Programs and Segments are approved in:
Alabama1, Alaska, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho*, Illinois , Iowa2*, Kansas, Kentucky*, Louisiana, Maine*, Mississippi, Missouri3, Montana, Nebraska, Nevada, New Hampshire4, New Jersey, New Mexico5, New York6, North Carolina7, North Dakota, Ohio8, Oklahoma9, Oregon*, Pennsylvania10, Rhode Island11, South Carolina, Tennessee12, Texas, Utah, Vermont, Virginia13, Washington, West Virginia, Wisconsin14 and Wyoming*.
Iowa, Mississippi, Oklahoma, and Wisconsin DO NOT approve Audio Only On-Demand Web Programs.
Minnesota approves live webcasts ONLY
Please Note: The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. PLI programs may qualify for credit based on the requirements outlined in the MCLE Regulations and Ariz. R. Sup. Ct. Rule 45.
*PLI will apply for credit upon request. Louisiana and New Hampshire: PLI will apply for credit upon request for audio-only on-demand web programs.
1Alabama: Approval of all web based programs is limited to a maximum of 6.0 credits.
2Iowa: The approval is for one year from recorded date. Does not approve of Audio-only On-Demand Webcasts.
3Missouri: On-demand web programs are restricted to six hours of self-study credit per year. Self-study may not be used to satisfy the ethics requirements. Self-study can not be used for carryover credit.
4New Hamphsire: The approval is for three years from recorded date.
5New Mexico: On-Demand web programs are restricted to 4.0 self-study credits per year.
6New York: Newly admitted attorneys may not take non-traditional course formats such as on-demand Web Programs or live Webcasts for CLE credit. Newly admitted attorneys not practicing law in the United States, however, may earn 12 transitional credits in non-traditional formats.
7North Carolina: A maximum of 4 credits per reporting period may be earned by participating in on-demand web programs.
8Ohio: To confirm that the web program has been approved, please refer to the list of Ohio’s Approved Self Study Activities at http://www.sconet.state.oh.us. Online programs are considered self-study. Ohio attorneys have a 6 credit self-study limit per compliance period. The Ohio CLE Board states that attorneys must have a 100% success rate in clicking on timestamps to receive ANY CLE credit for an online program.
9Oklahoma: Up to 6 credits may be earned each year through computer-based or technology-based legal education programs.
10Pennsylvania: PA attorneys may only receive a maximum of four (4) hours of distance learning credit per compliance period. All distance learning programs must be a minimum of 1 full hour.
11Rhode Island: Audio Only On-Demand Web Programs are not approved for credit. On-Demand Web Programs must have an audio and video component.
12Tennessee: The approval is for the calendar year in which the live program was presented.
13Virginia: All distance learning courses are to be done in an educational setting, free from distractions.
14Wisconsin: Ethics credit is not allowed. The ethics portion of the program will be approved for general credit. There is a 10 credit limit for on-demand web programs during every 2-year reporting period. Does not approve of Audio-only On-Demand Webcasts.
Running time and CLE credit hours are not necessarily the same. Please be aware that many states do not permit credit for luncheon and keynote speakers.
If you have already received credit for attending some or the entire program, please be aware that state administrators do not permit you to accrue additional credit for repeat viewing even if an additional credit certificate is subsequently issued.
Note that some states limit the number of credit hours attorneys may claim for online CLE activities, and state rules vary with regard to whether online CLE activities qualify for participatory or self-study credits. For more information, call Customer Service (800) 260-4PLI (4754) or e-mail info@pli.edu.