Activities of Various Regional and Topical Subcommittees Public Corruption and Extortion Subcommittee Plans Program on Libby Trial The Public Corruption and Extortion Subcommittee is planning a program in the late spring/early summer in Chicago featuring both government and defense counsel to discuss the recent Libby trial. While speakers have not yet been confirmed, the subcommittee intends to present high-profile participants in the Libby trial as well as other recent cases. Subcommittee on Securities Fraud to Hold National Institute The Subcommittee on Securities Fraud is actively preparing to put on the second annual National Institute on Securities Fraud on October 25-26, 2007. The program will be held in Washington, D.C. at the Fairmont Hotel and will provide an in-depth, cutting edge and rewarding educational experience for all practitioners, including prosecutors, regulators, compliance officers and defense counsel. The varied topics include: how in-house lawyers evolved from counselors to targets; prosecution theories that do not hold up on appeal; the long international arm of U.S. securities laws; the importance of loss calculations in both civil and criminal cases; and an in-depth look at insider trading. The keynote speaker for the program will be Paul J. McNulty, Deputy Attorney General of the United States. Mid-Atlantic Regional Subcommittee Holds Event on McNulty Memorandum On February 20, 2007, the Mid-Atlantic Regional Subcommittee, along with the Philadelphia Young Lawyers Division, held an event titled “The McNulty Memorandum: A Meaningful Change or The Status Quo Under a New Name?” More than 80 people attended and the program was well received. Among the panelists were Craig Margolis of Vinson & Elkins who litigated the U.S. v. Stein case, as well as Patrick Meehan, the U.S. Attorney for the Eastern District of Pennsylvania. Washington, D.C. Regional Subcommittee Hosts Jeffrey Taylor, United States Attorney for the District of Columbia On March 8, 2007, the D.C. Regional Subcommittee held an event at which Jeffrey Taylor, U.S. Attorney for the District of Columbia, spoke about his priorities for the Office for 2007. More than 50 people attended the event, which was a candid and open discussion about many issues of importance to the White Collar Bar. Task Force on Selective Waiver Submits Position Papers on Proposed Federal Rule of Evidence 502 In response to the Proposed Federal Rule of Evidence 502, a White Collar Crime Subcommittee Task Force drafted position papers both in favor and against the Selective Waiver Provision and then, on October 23, 2006, submitted its papers at the White Collar Crime Committee’s Fall Meeting in New Orleans. Participating in the Majority Report were Efrem M. Grail, Task Force Chair, Kenneth D. Bell, Thomas Dwyer, Stuart Gerson, Gary Grindler, Kathleen McDermott, Jennifer M. Moore, James Robinson, and Mariana Rossman. The Minority Report was co-authored by David Z. Seide and Thomas Holliday.