2012 National Meeting

DEFINITIONS

IA Small Firm: Fewer than 50 staff overall, with only one or two folks serving in the compliance function.

BD Small Firm (per FINRA's definition): "Any broker or dealer admitted to membership in the Corporation which, at the time of determination, has at least 1 and no more than 150 registered persons."

Labs: These working sessions provide attendees with an opportunity to apply their knowledge in a guided, interactive environment, with applicable examples, scenarios, and case studies. Lab facilitators provide feedback, guide discussion and encourage sharing of best practices.

Roundtables: Intimate conversations with no more than 20 people, led by an experienced moderator. Topics of discussion will be determined by participants. Registration is on a first-come basis. Participants will be polled for discussion points six weeks out.

CE credits do NOT apply.

Monday, October 22, 2012

8:00 am - 9:15 am :: Session I

I(a) BD - Intro to Compliance (Small Firms)

I(b) BD - Intro to Compliance (Large Firms)

I(c) IA - Intro to Compliance (Small Firms)

I(d) IA - Intro to Compliance (Large Firms)

I(e) IC - Intro to the Investment Company Rules

I(f) PF - Intro to Private Equity

I(g) GI - Beginning ERISA

ADVANCED DISCUSSION COMPLIANCE ROUNDTABLES

For BD, IA and PF; topics determined by attendees

9:30 am - 10:45 am :: Plenary Session (OPEN)

"Awakening the Moral Imagination: Ethics as the Bedrock of Effective Compliance"

11:00 am - 12:15 pm :: Session II

II(a) BD - Overview of the FINRA/MSRB Notices

II(b) BD - Conflicts of Interest

II(c) IA - Regulatory Examinations (Small Firms)

II(d) IA - Overview of SEC and Other Regulatory Releases

II(e) PF - Insider Trading and Enforcement Issues

II(f) BD LAB - Outside Business Activities and Private Securities Transactions

II(g) GI LAB - Spotting and Dealing with Technology Risks

BD Roundtable - Investment Banking and Research

IA Roundtable - The Compliance Issues in a Family Office

IA Roundtable - "Hot Topics for Pension Compliance Professionals"

12:15 pm - 1:45 pm :: Lunch Interview (OPEN)
Ted Urban on Liability for the Compliance Profession

1:45 pm - 2:30 pm :: Keynote Address (OPEN)
Carlo di Florio, U.S. Securities and Exchange Commission*

2:45 pm - 4:15 pm :: Broker-Dealer Regulatory Panel (OPEN)

2:45 pm - 4:15 pm :: Private Funds Regulatory Panel (OPEN)

4:30 pm - 6:00 pm :: Investment Adviser Regulatory Panel (OPEN)

Tuesday, October 23, 2012

8:00 am - 9:15 am :: Keynote (OPEN)
Daniel M. Gallagher, U.S. Securities and Exchange Commission*

9:30 am - 10:45 am :: Session III
III(a) BD - Risk Management
III(b) BD - Municipal Securities Regulations, the MSRB and Municipal Advisors
III(c) IA - Regulatory Examinations (Large Firms)
III(d) IA/PF - Enforcement Issues (OPEN)
III(e) GI - Fraud and Misappropriation: Detecting and Preventing
III(f) GI - CFTC Registration & Rule Changes (OPEN)
III(g) BD LAB - Branch Audits including Risk Assessment
III(h) IA LAB - Advertising
GI Roundtable - Cross Border Issues, including Registration

11:00 am - 12:15 pm :: Session IV
IV(a) BD - Enforcement Issues (OPEN)
IV(b) BD - Insurance Issues
IV(c) IA - Conflicts of Interest (Large Firms)
IV(d) IA - Disclosure Issues: How to Avoid Surprises
IV(e) PF - Writing Policies and Procedures for Private Funds
IV(f) GI - Advanced NFA/CFTC
IV(g) GI - Due Diligence for Vendors and Service Providers
IV(h) BD LAB - Compliance Testing (Large Firms)
IV(i) IA LAB - Compliance Testing (Small Firms)
IA Roundtable - State Regulations: What you learned from the SEC to State transition

12:15 pm - 1:40 pm :: Lunch (OPEN)

1:40 pm - 2:55 pm :: Session V
V(a) BD - Regulatory Exams (Small Firms)
V(b) BD - The New Suitability Rule, Three Months Later
V(c) IA - Enterprise Risk Management
V(d) IA - Conflicts of Interest (Small Firms)
V(e) IA - Conducting an Internal Investigation
V(f) GI - Insider Trading
V(g) GI - International Compliance Concerns
V(h) GI - Soft Skills: Navigation of Networking in a Regulatory Landscape
V(i) BD LAB - Gifts, Entertainment, Political Contributions and Donations
BD Roundtable - Reps Gone Rogue: What Do You Do?

3:10 pm - 4:25 pm :: Session VI
VI(a) BD - Regulatory Developments Without the Regulators
VI(b) BD - Trading Practices
VI(c) IA - Social Media
VI(d) IA - Trading Best Execution and Portfolio Management Concerns
VI(e) IA - Compliance for the Very Small Advisers
VI(f) GI - Foreign Corrupt Practices Act
VI(g) GI - Compliance AND Internal Audit, not VERSUS
VI(h) IA LAB - Gifts, Entertainment, Political Contributions and Donations
VI(i) BD LAB - Advertising
GI Roundtable - The Challenges of the Independent Contractor Model

4:40 pm - 5:55 pm :: Session VII
VII(a) BD - Social Media
VII(b) BD - Regulatory Exams (Large Firms)
VII(c) IC - Investment Company Compliance
VII(d) IA - Regulatory Developments without the Regulators
VII(e) PF - Compliance Challenges Based on Investor Class
VII(f) GI - Soft Dollars and Commission Sharing Arrangements for BDs and IAs
VII(g) IA/PF - SEC vs. GIPS Requirements - Bridging the Gap
VII(h) BD LAB - Compliance Testing (Small Firms)
VII(i) IA LAB - Compliance Testing (Large Firms)
GI Roundtable - How is your Compliance Department Structured ?

Wednesday, October 24, 2012

8:00 am - 9:15 am :: Session VIII

VIII(a) BD - Disclosures and Filings

VIII(b) BD - Compliance for the Very Small Firms

VIII(c) BD - Institutional Sales and Trading

VIII(d) GI - Due Diligence of Compliance

VIII(e) IA - Use of Technology for Compliance

VIII(f) GI - Dealing with Seniors

VIII(g) PF LAB - Raising Capital and Marketing Your Fund

PF Roundtable - Tax Issues for the Private Funds

9:30 am - 10:45 am :: Session IX
IX(a) BD - Technology for Compliance
IX(b) BD - AML
IX(c) BD/IA - Dual Registrant Challenges: BDs Registered as Advisers and Reconciling the Differences
IX(d) IA - Pricing and Valuation
IX(e) GI - Advanced ERISA
IX(f) GI - Product Due Diligence
IX(g) GI LAB - Ethics Are Important - But How Do I Make It Practical ?

11:00 – 12:30 :: “Liability of Compliance Personnel”