Video Replay of 2007 Asset Management Conference

On Tuesday, September 18, 2007, the leadership of the Asset Management Group of SIFMA hosted a conference in Boston to set forth in detail the main accomplishments of the AMG thus far in 2007. This event also featured remarks by Anthony Ryan, Assistant Secretary of the U.S. Treasury.

Given the importance of this conference to professionals in the financial services industry who follow buy side trends and policy developments, we are pleased to offer this Internet video coverage of the 9/18/07 conference in this edition of our Weekly Report.

CLICK HERE TO VIEW A VIDEO REPLAY OF THE CONFERENCE

NOTE: To view the video, your computer must have Windows Media Player or RealPlayer. After you click on the link above, you can log-in using your email address.

Discussion Summary:

Update on Initiatives Sponsored by the Asset Management Group

--AMG Chair John Gidman of Loomis Sayles moderated a panel that highlighted the AMG's priority market practices initiatives.

--AMG Steering Committee member Joan Binstock of Lord Abbett presented a recommended baseline for asset managers to follow for their SAS 70 audit reports.

--Barry Barbash of Willkie, Farr & Gallagher provided an overview of the AMG's Best Execution Guidelines for Fixed-Income Securities and described the AMG's plans to present their guidelines to the SEC.

--Neil Wright of State Street discussed the Trade Information Warehouse for derivatives and how custodians will interface with the Warehouse.

Discussion of Regulatory Proposals

--AMG Steering Committee member Cynthia Meyn of Morgan Stanley Investment Management provided an update on valuating structured products in light of the sub-prime situation.

--AMG Steering Committee member James Wallin of AllianceBernstein discussed industry-wide derivatives automation initiatives on Wall Street.

Guest Speaker: Anthony Ryan, Assistant Secretary for Financial Markets, U.S. Department of the Treasury

--Anthony Ryan discussed the financial markets and the important role that asset managers play as fiduciaries for the ultimate investor.

Review of Legislative Issues

--John Anderson of SIFMA's Washington D.C. office provided insightful remarks regarding the legislative landscape and offered a presentation on the decision-makers on Capitol Hill who have responsibility over the securities industry and financial markets.

For more information on the activities of the Asset Management Group and to learn how your firm can become involved, contact Joseph Sack, Managing Director of SIFMA, at 646-637-9265.

CLICK HERE TO VIEW A VIDEO REPLAY OF THE CONFERENCE

Important Publications:
SIFMA Update
Washington Weekly
Weekly Report of the American Securitization Forum
SIFMA SmartBrief (past five issues)