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Detailed Conference Agenda

DAY ONE: Thursday June 5th, 2008

7:45 AM

Registration and Continental Breakfast

8:15 AM

Opening Comments from the Chair

Rebecca Cowdery, Partner, Borden Ladner Gervais LLP

8:30 AM

Regulators Panel

Top regulators from across Canada discuss the latest developments in new and past regulations. Get valuable insight into how regulators form rules and get answers to critical issues.

9:15 AM

Interactive Q&A:

Continue the Discussion with the Regulators

Get your pressing questions answered by Canada’s top regulators.

Shamira Hussein, Senior Advisor, Regulations and Compliance Branch, Capital Markets Regulation, British Columbia Securities Commission
Sophie Jean, Policy Advisor, Autorité des Marchés Financiers
David Gilkes, Manager, Registrant Regulation, Ontario Securities Commission

10:00 AM

Networking Break

10:30 AM

NI 24-101:

Implications of the Trade Matching and Settlement Rule

Effective October 1, 2007, the first round of exception reporting was completed in February, so how well has this rule been adopted?

• Understanding the rule
• Associated penalties
• NI 24-101 best practices

Get practical guidance to comply with this challenging regulation.

Milos Vukovic, VP, Investment Policy, RBC Asset Management
Lorne Rintoul, VP, Securities Operations, Scotiabank/ Scotia Capital
Louis Lesnika, Assistant VP, Trade Settlements, CIBC Mellon
Tony Kalvik, VP, Advisory Services, Banking & Capital Markets, PricewaterhouseCoopers

11:15 AM

Regulating Long/Short Funds: Global Rules That Will Impact You

Look outside of Canada for tips on regulating long/short funds. With new movement going on with rules on 130/30 funds in the U.S. and Ireland, what’s coming for Canada?

• Current standards
• Worldwide updates
• What Canada can learn from their neighbours

Come away with a worldview on this complex topic.

Lynn McGrade, Partner, Borden Ladner Gervais LLP
Jane A. Kanter, Partner, Dechert LLP
More to come...

12:00 PM

Networking Luncheon

Join the conference speakers and your peers for a relaxing luncheon. Make new contacts and discuss the ideas presented in the morning session.

1:30 PM

Issues and Impacts of Portfolio Trading Rules: Buy-Side as Gatekeeper?

The buy-side is facing proposed new rules that will impact an ICPM’s role. How will your portfolio trading be impacted by proposed new rules under NI 21-101 and NI 23-101?

• “New” definition of best execution
• Proposed changes affecting direct market access
• Impact of marketplace-level trade-through obligation on the buy-side

Get to know how the ICPM’s role will change and how new regulations will influence how you trade.

Doug Harris, Director of Policy, Research and Strategy, Market Regulation Services Inc.

2:15 PM

Developing a Risk-Based Compliance Monitoring Program:

Firms are increasingly adopting a holistic approach to risk and governance. Acquire a clear understanding of risk-based compliance and learn what systems and controls to put in place.

• Defining ‘acceptable risk’ in accordance with regulators
• Boundaries between compliance and internal audit
• Monitoring different compliance risks in different areas of your organization

Come away with practical guidelines on how to implement a risk-based compliance program into your operations.

Mary Filipelli, Partner-in-charge, KPMG

3:00 PM

Networking Break

3:30 PM

Canada’s Adoption of International Financial Reporting Standards (IFRS): Are you ready?

January 2011 is the changeover date for Canada to convert to IFRS from the current GAAP. This transition will have a range of implications, including lending agreements, investor relations, profit sharing plans, accounting systems, and internal reporting.

• How to prepare
• Challenges and benefits

Learn to prepare for this changeover and how your operations will be affected.

Raj Kothari, FCA Partner, PricewaterhouseCoopers
Patricia Perruzza, Senior Manager, Audit and Assurance Group, PricewaterhouseCoopers

4:15 PM

Securities Reporting:

Get on Top of Early Warning and Insider Reporting Obligations

Through various managed accounts and funds, ICPMs may end up owning significant investments in reporting issuers. Never an issue off the radar, this session will offer up a checklist of criteria every ICPM can’t do business without.

• When do you aggregate/disaggregate holdings
• NI 62-103: alternative monthly reporting system
• Real life, successful case studies

Learn to abide with insider reporting rules by properly dealing with the challenges.

John Black, Partner, Osler, Hoskin & Harcourt

5:00 PM

Exclusive Cocktail Reception

Unwind and mingle with the delegates and speakers at our “exclusive” end-of-day cocktail reception. Bring your business cards!

Sponsored by:

Day Two: Friday June 6th, 2008

7:30 AM

Registration and Continental Breakfast

8:15 AM

Opening Comments from the Chair

Katie Walmsley, President, Investment Counsel Association of Canada

8:30 AM

The Latest Developments from the U.S. and What They Mean for Canada

Changes are always going on in the U.S. and more are on the horizon. Find out how these developments translate into the Canadian ICPM market.

• Implications of recent U.S. regulatory changes on Canada
• Unique experiences of U.S. ICPMs
• Insider preview of upcoming regulations

Get up to speed on the U.S. regulatory climate and its impact on your business.

David Tittsworth, Executive Director, Investment Counsel Association of America
Richard Marshall, Partner, Ropes & Gray LLP
Moderator: Katie Walmsley, President, Investment Counsel Association of Canada

9:15 AM

NEW! OSC Staff Notice 33-729:

Maintaining Compliant Marketing Materials

Released on November 9, 2007, OSC Staff Notice 33-729 summarizes key deficiencies and outlines a number of suggested marketing practices for ICPMs. Learn from this session how to follow the suggested practices to ensure compliant marketing practices for your organization.

• Dissecting the staff notice
• Understand the key deficiencies identified
• Know what your marketing materials must include

Come away from this session with the latest updates on the OSC’s crackdown on marketing materials.

Christina Forster Pazienza, Assistant Manager, Compliance, Ontario Securities Commission

10:00 AM

Networking Break

10:30 AM

Update on Soft Dollars and Best Execution: What Should You Do?

NI 23-102 attempts to set a new framework for soft dollar practices, but could increase costs for ICPMs since items previously funded by soft dollars may no longer be eligible, but in the meantime firms are left to their own devices.

• What different firms are doing
• Pros and cons of using soft dollars
• Investigating NI 23-102

This session will give you a vital industry view on how your peers are handling this issue.

Ellen Lee, Vice President, Policy & Regulatory Risk, TD Asset Management
Michael Burns, Partner, McMillan Binch Mendolsohn LLP
Moderator: Katie Walmsley, President, Investment Counsel Association of Canada

11:15 AM

OSC Enforcement and Compliance Issues: Get Up to Speed!

Every firm seeks to avoid an investigation by the Enforcement Branch of the Ontario Securities Commission. This session will address compliance issues that enforcement will look at, and steps you can take in the event of an investigation.

• Common compliance issues
• How the enforcement process works
• Emerging enforcement issues

Attend this session to get the information you need to maintain compliance.

John-David Humphreys, Senior Legal Counsel, Ontario Securities Commission

12:00 PM

Networking Luncheon

Join the conference speakers and your peers for a relaxing luncheon.

1:30 PM

Audited ICPM Firms:

Best Practices for Managing Regulatory Audits

Some of Canada’s top firms have undergone audits with regulators and passed with flying colours. At this session, hear what worked for them and what the audit experience was really like.

• What to expect and how to make it easier
• Handling inquires and requests for records
• Hands-on strategies

Learn best practices from those who have survived the audit process.

Michael Valihora, Director of Compliance and Senior Counsel, AMG Canada

2:15 PM

Update on NI 81-107:

Independent Review Committee for Investment Funds

Compliance with NI 81-107 has been mandatory since November 1, 2007. Get an update on the evolution of NI 81-107 and learn to manage tensions between independent oversight and doing business.

• Separating roles and responsibilities
• Building trust
• Talking about effectiveness

Get an update on the rule and gain practical insights for making independent governance work.

Nancy Church, Manager, Business Policy & Governance, RBC Asset Management Inc.

3:00 PM

Networking Break

3:15 PM

New! NI 81-406:

Understand and Dissect the New Point of Sale Disclosure Regulation

Significant changes are proposed on how sales are completed and delivered to investors in 81-406, dramatically altering the regulatory disclosure system. But are some of this rule’s proposals necessary and/or efficient?

• The new Fund Facts document
• Withdrawal and rescission rights
• What investors have access to under this new framework

Hear an objective analysis of this new rule at this information-packed session.

Rebecca Cowdery, Partner, Borden Ladner Gervais LLP

4:00 PM

Closing Remarks