Why you should attend
Nearly one-third of the investment advisers that registered with the Securities and Exchange Commission as a result of the Dodd-Frank Act manage private funds. As a result, the SEC’s examination staff has developed new strategies and processes to address the risks presented by hedge funds and other private funds. At this program, three distinguished panels of experts will discuss the regulatory and compliance challenges facing hedge fund managers from three perspectives:
- Building an effective compliance program and strategies for working with regulators
- Interacting with investors
- Handling sales and trading issues
Panelists will not only provide updates on regulatory developments affecting hedge funds, but also provide practical suggestions for how in-house legal and compliance professionals can cope with the increased compliance burdens and regulatory focus.
What you will learn
- Compliance challenges facing hedge funds in 2013, including SEC and CFTC examination priorities
- Strategies for addressing and anticipating potentially problematic compliance and regulatory risks, including valuations
- Tips for navigating ethical considerations, including managing conflicts of interest and providing disclosure to investors
- Constructing and implementing an effective compliance program
- Updates on key regulatory developments
Who should attend
Hedge funds’ in-house and outside counsel and compliance officers, as well as legal and compliance professionals interested in or currently working in the hedge fund industry, will benefit from this program.
Afternoon Session: 1:30 p.m. - 5:15 p.m.
1:30 Opening Remarks and Introduction
K. Susan Grafton
1:45 Building an Effective Compliance Program
- Regulatory focus in 2013: views from the SEC and NFA
- Designing an effective compliance program
- Implementation and testing
- Working with regulators and preparing for an exam
Patricia L. Cushing, Jessica A. Davis, Carlo V. di Florio, Cary J. Meer
3:00 Networking Break
3:15 Trading and Brokerage issues
- Market structure issues; the heighted regulatory focus on electronic trading
- Update on SEC trading and markets priorities
- Navigating the maze of State placement agent regulations
- The prime broker perspective; issues raised by capital introduction and other services
Richard A. Gashler, Michael Gaw, Michael B. Rogers, Christian Sabella, Barbara Stettner
4:15 Investor Relations: Ethical Considerations and Compliance Challenges
- Best practices for interacting with investors and prospective investors
- SEC hot button issues
- Managing conflicts of interest: weighing the appropriate approach
- Solicitation and advertising after the JOBS Act
Michael R. Butowsky, Ken C. Joseph, Joseph McGill
Jessica A. Davis
~ Senior Managing Director, General Counsel & CCO; Co-Head of Operational Due Diligence, Protégé Partners, LLC
Carlo V. di Florio
~ Director, Office of Compliance Inspections and Examinations, U.S. Securities and Exchange Commission
Richard A. Gashler
~ General Counsel/Chief Compliance Officer, Sandell Asset Management Corp.
~ Assistant Director, Office of Market Supervision, Division of Trading and Markets, U.S. Securities and Exchange Commission
Ken C. Joseph
~ Associate Regional Director, Investment Management, New York Regional Office, U.S. Securities and Exchange Commission
~ Chief Compliance Officer, Legal and Compliance, UBS Global Asset Management
~ Branch Chief, Office of Trading Practices, Division of Trading and Markets, U.S. Securities and Exchange Commission
New York City Seminar Location
PLI New York Center, 810 Seventh Avenue at 53rd Street (21st floor), New York, New York 10019. Message Center, program days only: (212) 824-5733.
New York City Hotel Accommodations
The New York Hilton & Towers
1335 Avenue of the Americas, New York, NY 10019. 1 block from PLI Center. Reservations 1-800-HILTONS or, 1-877-NYC-HILT. Please mention that you are booking a room under the Practising Law Institute Corporate rate and the Client File # is 0495741. You can also make reservations
online to access Practising Law Institute rates.
The Warwick New York Hotel, 65 West 54th Street New York, NY 10019. 1 block from PLI Center. Reservations 800-223-4099 or, hotel direct 212-247-2700. Please mention that you are booking a room under the Practising Law Institute Corporate rate. Reservations on line at www.warwickhotelny.com Click reservations in menu bar on left. Select desired dates. In 'Special Rates' drop down window select Corporate Rate. In 'Rate Code' enter PLIN. Click search and select desired room type and rate plan. Or, you may email reservation requests to: email@example.com
Sheraton New York Hotel & Towers
, 811 7th Avenue, New York, NY 10019, 1-800-325-3535 or (212) 581-1000. When calling, please mention Practising Law Institute and mention SET#311155. You may also book online
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