MONDAY MEETING AGENDA

MEETING LOCATION
Gleacher Center
450 N. Cityfront Plaza Drive
Chicago, IL 60611

GENERAL SESSION ---> 8:30am 10:00am
DIALOGUE WITH AREA REGULATORS
• Changes in the regulatory landscape: new rules and focuses
• Exam priorities, deficiencies, and enforcement
• Internal controls for compliance officers to consider
David H. Lui, Galliard Capital Management
Peter B. Driscoll, U.S. Securities & Exchange Commission
Laura Trotz, FINRA

Session I ---> 10:15am 11:30am

I(a) BD Compliance and Risk in Todays World
• What is compliances role in risk management?
• How to identify key risks in an ever-changing business and regulatory environment
• Developing programs to address identified risks
• Communicating the firms risk management process to regulators and clients/consultants
Mark T. Carberry, Schuyler, Roche & Crisham, P.C.
Kenneth Cherrier, Waddell & Reed

I(b) IA/HF Compliance and Risk in Todays World
• What is compliances role in risk management?
• How to identify key risks in an ever-changing business and regulatory environment
• Developing programs to address identified risks
• Communicating the firms risk management process to regulators and clients/consultants
Jeffrey Blumberg, Drinker Biddle & Reath LLP
Joseph M. Mannon, Aurora Investment Management L.L.C.
Steven Farmer, Mesirow Advanced Strategies, Inc.

I(c) IA/HF Introduction to compliance
• Requirements for a compliance program
• The Role of a Compliance Officer in a newly regulated entity
• Developing (or establishing) a Culture of Compliance
• Managing credibility; how to say no yet still advocate your firms initiatives
• How to use risk and conflict of interest assessments to enhance the compliance function
Steven G. Lentz, Faegre & Benson LLP
J. Christopher Jackson, Calamos Investments

Session II ---> 12:45pm 2:00pm

II(a) GI Best Practices: Current Hot Products
• A review of the current hot products
• The regulators perspective on these products
• Best practices for evaluating and vetting these products
• Surveillance techniques and the regulators view on these products
• Use of disclosure to avoid complaints and litigation
David Rosedahl, Briggs & Morgan
David E. Fischer-Lodike, Edward Jones Investments

II(b) GI Best Practices: Compliance with Retirement Issues
• Recent updates to ERISA (fee disclosure and participant advice)
• Applicability of IRC 4975 to IRA Beneficiaries
• Issues with annuities, target date funds, and stable value funds
• Sales practice issues (senior suitability, retirement income planning)
Robert Toth, Law Offices of Robert J. Toth, Jr. LLC
Christopher M. Guanciale, PlanMember Services Corporation

II(c) GI Best Practices: Avoiding Litigation and Managing Publicity for Compliance Officers
• How to identify problematic issues before they turn into an enforcement action or litigation
• Proactive steps to protect the firm and its stakeholders once a problem arises
• A compliance officers guide to avoid being the subject of a failure to supervise claim
• How do you respond or advise management when the press calls about a problem?
David Porteous, Ulmer & Berne LLP
A. Brad Busscher, Incapital Holdings LLC

Session III ---> 2:15pm 3:30pm

III(a) BD Examinations Process (Internal and External)
• Preparation and management of the regulatory exam process
• Conducting your internal review and identifying hot topics
• The relationship between the internal and external reviews
• How to identify and address the hot topics for the external and internal reviews
• Addressing the exam deficiencies
Alan M. Wolper, Locke Lord Bissell & Liddell LLP
Wesley L. Ringo, J.J.B. Hilliard, W.L. Lyons, LLC

III(b) IA Examinations Process (Internal and external)
• Preparation and management of the regulatory exam process
• Conducting your internal review
• The relationship between the internal and external reviews
• Addressing the exam deficiencies and identifying hot topics
Michael Wise, Lawrence, Saunders & Uhlenhop, L.L.C.
Mary Keefe, Nuveen Investments

III(c) HF Examinations Process (Internal and External)
• Compliance framework and conducting internal review or testing
• Identifying internal hot topics subject to external regulatory review
• Preparation and management of the regulatory exam process
• Deficiency Letter versus Enforcement and resolving deficiencies
Jeffrey M. Squires, Vista360, LLC
Katie S. Kloster, Värde Partners, Inc.

Session IV ---> 3:45pm 5:00pm

IV(a) BD Ethics - Code of Conduct
• ABA & State Bar requirements for attorneys to report
• SEC requirements for self reporting
• Practical tips for creation, distribution, and analysis
• Use in litigation and investigations
• What you say or dont say can and will be used against you
Allan Horwich, Schiff Hardin LLP
Jeffrey Suhanic, PNC

IV(b) IA/HF Code of Ethics
• Defining the parameters, duties, responsibilities/liabilities and enforcement
• Build it, expand it, maintain it (policies and procedures) and test it
• Risks and conflicts of interest internal and beyond
• Personal trading policies and procedures
James Martignon, Ulmer & Berne LLP

IV(c) IA/HF Recordkeeping
• Developing an effective recordkeeping program critical elements to consider
• Practical solutions for maintaining records and application to IA books andrecords requirements
• Data information security and other issues to consider for electronic maintenance
• How litigation attorneys and the SEC apply procedural rules to investment advisers
Joseph D. McDermott, Alaric Compliance Services, LLC