8:00am - 9:00am

Registration and Continental Breakfast

9:00am - 10:00am

Fiduciary Duty and Status

• Who is a Fiduciary
• Status as Parties-in-Interest and Service Providers
• Consequences of Fiduciary Status
• Inadvertent Fiduciaries
• Prohibited Transactions under ERISA and the Internal Revenue Code
• Common Prohibited Transactions for Portfolio

10:00am - 11:15am

Management and Trading

• Cross Trades
• Use of Affiliated Broker-Dealers
• Alternative Crossing Networks and Venues
• Underwriter Exemptions
• Securities Lending
• Error Correction
  

11:15am - 11:30am

Coffee Break

11:30am - 12:15pm

ERISA Fiduciary Litigation and Enforcement Update

• 401(k) Fee Cases
• Proprietary Mutual Fund Cases
• Recent Enforcement Activities
  

12:15pm - 1:00pm

QPAM and INHAM Exemptions

• When Needed
• Types of Transactions Covered
• Requirements

1:00pm - 2:00pm

Luncheon

2:00pm - 3:00pm

Hot Issues for Investment Advisers with ERISA Clients

• New Schedule C to Form 5500 (Disclosure of Service Provider Compensation)
• Revisions to Service Provider Exemption
• LM-10 (Disclosure of Gifts and Payments to Labor Unions)
• Proxy Voting and Shareholder Activism
• Soft Dollars
• Incentive Fees and Valuation Issues
  

3:00pm - 3:15pm

Coffee Break

3:15pm - 4:00pm

Hedge Funds

• Plan Asset Rule
• Plan Asset Funds vs. Non-Plan Asset Funds
• Co-Investing and Allocation of Investment Opportunities
• Incentive Fees and Valuation Issues
  

4:00pm - 5:00pm

Providing Advice to IRAs and 401(k) Plan Participants

• Qualified Default Investment Alternatives
• Participant Education and Advice
• Affiliated Mutual Funds
• Wrap-Fee Arrangements