St. John's University | Manhattan Campus | 101 Murray St. | New York, NY 10007
Revolution in the Regulation of Financial Advice: The
U.S., the U.K. and Australia
Recently, Australia and the U.K. have been carrying out
radical reforms in compensation practices for investment advice to
retail customers. These reforms contrast sharply with the normal
U.S. practices of transparency and increased disclosure
requirements. The Symposium will feature panelists from the U.S.,
Australia and the U.K. exploring recent developments in the
regulatory regimes of those countries. Specifically, panelists will
discuss the future of investment adviser regulation after
Dodd-Frank in the U.S., the Future of Financial Advice in Australia
and the Retail Distribution Review in the U.K. The Symposium will
also examine the benefits of different regulatory plans ranging
from mandatory disclosure to more substantive regulation preventing
conflicts of interest.
Hosts
St. John’s Law Review
St. John’s
Center for International and Comparative Law
St. John’s Corporate
and Securities Law Society
Date
Friday, October 12, 2012
Time
8:30 a.m. – 7 p.m.
Location
St. John’s University Manhattan Campus
101 Murray Street
New York, NY 10007
Co-Chairs
- Lisa A. Catalano, Professor and Director, Securities
Arbitration Clinic, St. John’s School of Law
- Francis J. Facciolo, Professor, St. John’s School of Law
- Christine Lazaro, Supervising Attorney, Securities Arbitration
Clinic, St. John’s School of Law
Agenda
8:30 a.m.
Coffee and Registration
9 a.m.
Introduction to Symposium
Francis J. Facciolo, Professor of Law, St. John's School
of Law
9:10 a.m.
Introductory Remarks
Michael A. Simons, Dean and John V. Brennan Professor of Law and
Ethics, St. John's School of Law
9:20 a.m.
Opening Remarks
Brian Shea, Chief Executive Officer, Pershing LLC, a BNY Mellon
company
10:30 a.m-Noon
Panel 1: The Future of Fiduciary Duties for Financial
Advice
Moderator: Christine Lazaro, Supervising Attorney, Securities
Arbitration Clinic, St. John’s School of Law
- Ryan K. Bakhtiari, Partner, Aidikoff, Uhl & Bakhtiari
- Mercer E. Bullard, Professor, University of Mississippi School
of Law
- Andrew J. Melnick, Partner, Schindler Cohen & Hochman
LLP
- Paul R. Walsh, Vice President, Assistant GC & Compliance
Director, JP Morgan Chase
Noon-12:45 p.m.
Lunch
12:45 p.m.
Introduction to Keynote Speaker
Amanda Jaret '13, St. John’s School of Law
12:50 -1:45 p.m.
Keynote Speaker
Phyllis C. Borzi, Assistant Secretary of Labor, Employee Benefits
Security Administration
2-3:30 p.m.
Panel 2: The Structure of Regulation for Investment
Advisers: A Self-Regulatory Organization or Not?
Moderator: Lisa A. Catalano, Professor and Director, Securities
Arbitration Clinic, St. John’s School of Law
- Jeffrey J. Haas, Professor, New York Law School
- Anita K. Krug, Professor, University of Washington School of
Law
- Mark Tibergien, CEO, Pershing Advisor Solutions
- David Tittsworth, Executive Director/Executive Vice President,
Investment Adviser Association
3:45-5:15 p.m.
Panel 3: International Issues in the Regulation of
Financial Advice
Moderator: Francis J. Facciolo, Professor, St. John’s
School of Law
- Richard Batten, Partner, Minter Ellison
- Arthur B. Laby, Professor, Rutgers University School of
Law-Camden
- Gerard McMeel, Professor, University of Bristol Law School
& Guild Hall Chambers, Bristol
- Gail Pearson, Professor, The University of Sydney Business
School
5:15 p.m.
Concluding Remarks
Francis J. Facciolo, Professor, St. John's School of Law
5:30-7 p.m.
Cocktail Party
Continuing Legal Education (CLE)
The full-day Symposium qualifies for 4.5 non-transitional CLE
credit hours. The CLE fee is $112.50 for St. John’s School of Law
alumni and $225 for non-alumni. No partial credit will be awarded.
Hardship tuition reduction is available. Please complete and return
the CLE payment form by Tuesday,
October 9, 2012 to receive CLE credit for attending the
symposium.
Registration
There is no fee to attend the symposium, but registration is
required. Please complete and submit the online registration form by
October 5, 2012.
More Information
Amanda Jaret
Symposium Editor, St. John’s Law Review
RevRegConference.SJULRev@gmail.com
(516) 996-8612