2005 Advocacy Agenda of the SEG
At the January 27 & 28 Washington D.C. Conference, members of the Senior Executives Group met to plan its advocacy agenda for 2005. Among its top priorities, the SEG will continue to develop SAS 70 best practices, which would in effect, create a standard SAS 70 for asset managers. In addition, the SEG has identified at least eight other advocacy initiatives that will be addressed and/or monitored by the Group. These proposed 2005 agenda items include the following:
- Create the Asset Managers Division Consistent With TBMA Board's Guidelines Approved in 2004/Senior Executives Group of AMF and TBMA's Board of Directors
- Draft Derivatives White Paper from Standpoint of Portfolio Managers of Asset Management Firms (this initiative also includes obtaining white papers and position papers that have already been produced by other organizations and firms)/Senior Executives Group of AMF
- Events, Conferences and Media Relations Regarding Initiatives of the Proposed Asset Managers Division/Senior Executives Group of AMF in cooperation, from time to time, with The Asset Managers Forum
- Real Time Trading Compliance Solutions/Senior Executives Group of AMF in cooperation with TBMA's Tech Education Committee
- Review SEC's Forthcoming Task Force Report on Soft Dollar Research/Senior Executives Group of AMF
- Sarbanes Oxley - SAS 70 Best Practices/Senior Executives Group of AMF
- SEC's Mutual Fund Reforms/Senior Executives Group of AMF
- Securities Industry Protocols Developments/Senior Executives Group of AMF in cooperation with The Asset Managers Forum and the Global Fixed Income Committee of FIX
- Swaps Processing Best Practices (including monitoring the development of electronic trading products concerning interest rate swaps and credit derivatives)/Senior Executives Group of AMF will be in a support role to The Asset Managers Forum
Click here to view and print the Current 2005 Advocacy Agenda of the Proposed Asset Managers Division. Additional input on the aforementioned items from members and senior staff of The Bond Market Association and members of the Asset Managers Forum are most welcomed.
In regard to the SEG's plan to create an Asset Managers Division, the group has outlined its current organizational structure and drafted an illustration of the proposed Division.
Click here to view the current and proposed organizational structure.
As you will note in the link above, some 20 firms have been engaged in the Senior Executives Group. The Group anticipates that 40 to 50 asset management firms will establish themselves within The Bond Market Association.
If you would like to reach out to a colleague at another firm in the industry concerning the Senior Executives Group, the staff would be pleased to work with its members to provide the necessary support. The Senior Executives Group is chaired by Thomas Hirschfeld, COO of Investments at J. & W. Seligman. Joseph Sack of The Bond Market Association serves as the Executive Director.
The Bond Market Association's
The Annual Meeting of The Bond Market Association will be held on Wednesday, April 20, 2005 at the Waldorf-Astoria Hotel in New York City. All participants of the Senior Executives Group are cordially invited to attend.
Click here to Register for The Bond Market Association Annual Meeting.
Featured Speakers Include:
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George Tenet Director, CIA (1997-2004) |
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The Honorable John W. Snow Secretary of the U.S. Treasury |