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Showing posts from June, 2008

U.S. Senate confirms 3 new SEC commissioners

According to Reuters,

"WASHINGTON, June 27 (Reuters) - The U.S. Senate on Friday confirmed one Republican and two Democratic nominees to fill open commissioner seats at the Securities and Exchange Commission. Luis Aguilar, a law partner at McKenna Long & Aldridge, and Elisse Walter, a senior executive with the Financial Industry Regulatory Authority, were approved for the vacant Democratic seats on the commission.

Troy Paredes, a professor at Washington University School of Law, was approved for the open Republican spot."

We do not expect much, at this late date, from these new Commissioners. In the SEC's upcoming battle with Treasury and the Federal Reserve Board, having the SEC board at full strength (something the Fed is not) is a small advantage, but will probably be negated.

Under the "Blueprint for Regulatory Reform: A Report from the Treasury Department on Ways to Improve Oversight of the Financial Services Sector" plan announced on Saturday, March 29, …

Opal Financial Group’s annual Public Funds Summit

"Opal Financial Group’s annual Public Funds Summit East will address issues that are most critical to the investment success of senior public pension fund officers and trustees. The Summit will cover how surplus returns should affect employee benefit plans, the processes for selection and evaluation of investment managers, legal concerns with fund investment and management policies as well as the benefits and pitfalls of a wide variety of investment strategies.

By focusing on an atmosphere of education and networking, the Public Funds Summit will provide a unique environment in which members of the public sector can exchange ideas and learn from other delegates, money managers, consultants and other attendees."

July 9-11, 2008
Hyatt Regency Newport, Newport, RI

http://www.opalgroup.net/conferencehtml/2008/public_east08/pfe_agenda.php

Opal Financial Group's Annual Family Office/Private Wealth Management Forum

"Opal Financial Group's annual Family Office/Private Wealth Management Forum will address specific investment challenges faced by high-net-worth individuals and family offices. Panel discussions will focus on a wide range of investment strategies and solutions designed to maximize returns. In addition, there will be ample opportunity to network with representatives from some of the leading family offices and asset management firms in the industry."

http://www.opalgroup.net/conferencehtml/2008/private_wealth08/fopw_agenda.php

July 9-11, 2008
Hyatt Regency Newport, Newport, RI