Chicago, Illinois
THURSDAY, NOVEMBER 19, 2009
(All times Central Standard Time)
8:30 am – 8:40 am
Welcome
Presented by: Alan Goldberg and Paul Dykstra
Mr. Goldberg’s practice focuses on representing registered investment companies
and their boards, investment advisers and sponsors to unregistered investment
pools. Mr. Goldberg has experience handling all aspects of creating registered
investment companies, and registering new investment advisers, including the
establishment of compliance policies and procedures. He regularly prepares
regulatory filings and applications on behalf of investment companies and
investment advisers and has performed numerous comprehensive compliance
reviews of investment advisers and investment companies. He routinely handles
all aspects of investment adviser and fund merger transactions and all aspects of
forming unregistered investment funds, including those that rely upon Section
3(c)(11) of the Investment Company Act. Mr. Goldberg is a frequent speaker
on a variety of investment advisory, investment company and compliance topics.
You may reach him at 312.807.4227 or alan.goldberg@klgates.com.
Mr. Dykstra represents mutual funds or their boards throughout the country.
He also counsels independent fund directors involved in corporate
reorganizations and internal or SEC investigations. Previously, he chaired
the Investment Management Practice Group at a law firm in Chicago and
served as Chairman of that firm’s management committee for six years.
He is an Adjunct Professor at Northwestern University School of Law,
where he teaches a course, along with Paulita Pike, on mutual fund regulation.
Mr. Dykstra, along with Paulita Pike, was named Independent Counsel of
the Year by Fund Directions in 2008. You may reach him at 312.781.6029
or paul.dykstra@klgates.com.
8:40 am – 9:15 am
Overview of THE Investment MANAGEMENT Industry and Regulation
9:15 am – 10:00 am
BROKERAGE AND TRADING: bEST EXECUTION, SOFT DOLLARS,
TRADE ALLOCATION, SIDE-BY-SIDE MANAGEMENT
Presented by: Alan Goldberg
Presented by: Mark D. Perlow
Mr. Perlow’s practice focuses on investment management and securities
law. He regularly represents mutual funds, investment advisers, fund boards
of directors, hedge funds and broker-dealers on a variety of regulatory and
transactional matters. He served as senior counsel in the Office of the General
Counsel of the Securities and Exchange Commission from 1998-1999 and in
the SEC’s Division of Enforcement from 1994-1997. He worked on regulatory
initiatives on fund governance, the scope of the securities laws online, personal
trading of investment personnel, and foreign custody of fund assets, and advised
the SEC on enforcement actions involving mutual funds and investment advisers.
You may reach him at 415.249.1070 or mark.perlow@klgates.com.
Chicago, Illinois
THURSDAY, NOVEMBER 19, 2009
(All times Central Standard Time)
10:00 am – 10:45 am
HEDGE FUNDS IN TRANSITION
Presented by: Don Weiss
Mr. Weiss focuses on alternative investments serving hedge fund managers,
commodity pool operators, private equity advisers and institutional investors.
He concentrates his practice on the business, corporate and regulatory needs of
the investment management community and represents a variety of professional
participants in the financial markets including investment advisers, commodity
trading advisors, broker-dealers, introducing brokers, futures commission
merchants and proprietary trading firms. Mr. Weiss also represents regulated
entities and other market participants in disciplinary and enforcement matters
before the Securities and Exchange Commission, Commodity Futures Trading
Commission, Financial Industry Regulatory Authority, National Futures
Association, exchanges and state agencies. You may reach him at 312.807.4303
or donald.weiss@klgates.com.
10:45 am – 11:00 am
BREAK
11:00 am – 11:30 am
CONFLICTS OF INTEREST ASSOCIATED WITH HEDGE FUNDS
11:30 am – Noon COLLECTIVE FUND BASICS
Presented by: Mark D. Perlow
Presented by: Alan Goldberg
Noon – 12:30 pm FUND DISTRIBUTION AND ADVERTISING
Presented by: Mark D. Perlow
12:30 pm – 1:15 pm LUNCH
1:15 pm – 1:50 pm
PORTFOLIO VALUATION: MARKET PRICING AND FAIR VALUATION
Presented by: Paulita Pike
Ms. Pike represents mutual funds and their boards as well as investment advisers
and fund service providers throughout the country. Ms. Pike advises her clients
on a broad range of issues including governance structures and practices, compliance issues, D&O/E&O matters, communications with the press, self-evaluations
and industry “best practices,” fund service provider contracts and filings with the
Securities and Exchange Commission, fund mergers and “manager-of-managers”
arrangements, regulatory investigations and inquiries, and matters arising from the
Investment Company Act of 1940 and the Investment Advisers Act of 1940. She is
an adjunct professor at Northwestern University School of Law where she teaches
a course, along with Paul Dykstra, on mutual fund regulation. Ms. Pike and Paul
Dykstra were named Independent Counsel of the Year by Fund Directions in 2008.
You may reach her at 312.781.6027 or paulita.pike@klgates.com.
Chicago, Illinois
THURSDAY, NOVEMBER 19, 2009
(All times Central Standard Time)
1:50 pm – 2:45 pm Contract renewal (15(c)) Process
2:45 pm – 3:20 pm BOARD OF DIRECTORS/REPRESENTING INDEPENDENT DIRECTORS
3:20 pm – 3:45 pm CONFLICTS OF INTEREST AND AFFILIATED TRANSACTIONS
Presented by: Paul Dykstra and Paulita Pike
Presented by: Paul Dykstra and Paulita Pike
Presented by: Eric Purple
Mr. Purple counsels registered investment companies and other pooled
investment vehicles, investment advisers and independent fund directors
on matters arising under U.S. federal securities laws, particularly the
Investment Company Act of 1940. He served for eight years in the Division of
Investment Management of the SEC where he was engaged in a wide range of
investment company and investment adviser issues, and he participated in the
grant of no-action relief under the federal securities laws. He also had significant
involvement in the staff’s oversight of the regulation of business development
companies. Previously, he was the Compliance Officer of the Rydex Funds,
and was in-house counsel to a financial services start-up that was subsequently
acquired by a predecessor company of TD Ameritrade. You may reach him at
202.778.9220 or eric.purple@klgates.com.
3:45 pm – 4:00 pm
BREAK
4:00 pm – 4:30 pm
MONEY MARKET FUND ISSUES
4:30 pm – 5:30 pm HOT TOPICS/REGULATORY DEVELOPMENTS
Presented by: Eric Purple
Presented by: Alan Goldberg, Paul Dykstra and Paulita Pike