Fund directors and fund industry professionals and services providers will not want to miss the Forum's Tenth Annual Policy Conference. Each year the Policy Conference tackles the critical issues facing investment company directors, and provides an unparalleled opportunity for fund directors and industry professionals to to gather for face-to-face discussions on what worries them most. This year's Policy Conference will be held April 15 and 16, 2010 at Washington, DC's Mandarin Oriental Hotel located at 1330 Maryland Avenue SW.
From the financial crisis to the debates over regulatory reform to the ongoing consolidation in the asset management business, fund independent directors have confronted numerous challenges during the past year. While markets are still unsettled and the path of regulatory reform unclear both in Congress, at the SEC and from the Supreme Court, directors have nonetheless had to act to meet these challenges to protect the interests of the millions of shareholders who rely on mutual funds for their savings goals. Plan to join other fund independent directors, as well as regulators and other industry experts, as we discuss the central issues and challenges that currently face boards and the fund industry.
As legislators, regulators, and others focus on risk management, fund directors need to understand the amount and types of responsibility they have for risk oversight. While directors are not responsible for creating risk management programs, they play an important role. This panel will help directors ask the right questions to become risk aware without crossing the line into micromanagement.
New Developments in the Fund Industry
Recent market events have prompted mutual funds to reexamine their place in the investment landscape. This panel will explore ways that mutual fund companies have responded with new products and new uses for existing funds as way of ensuring the continuing relevance of these important investment products while at the same time altering their business models to address the new challenges facing the fund industry. The panelists will also discuss how directors can provide appropriate oversight in this area.
Trading Strategies and the Impact on Best Execution
As regulators continue to explore how to regulate various trading strategies and platforms, directors are asking how to evaluate these strategies as part of their responsibility to oversee best execution. The panel will provide an overview of trading and help directors in their best execution oversight responsibilities.
Mutual Funds Under Fire
All eyes are on the Supreme Court as the entire fund industry awaits its decision in the Jones v. Harris Associates case. Jones was not the only litigation affecting funds this year, however. This panel will explore recent court decisions and how boards should respond as well as how boards can deal with the uncertainties created by pending litigation.
For full details on how to register for the Policy Conference and special nightly rates at the Mandarin Oriental, please visit: http://www.mfdf.org/2010PolicyConference.html