 |
|
Week InAdvance | Mon Jun 5 UN hosts the Ocean Conference in NYC. | Tue Jun 6 OECD Forum and Ministerial Council in Paris. Clean Energy Ministerial in Beijing. | Wed Jun 7 SEC OCIE webcast. IOSCO committee meets in Rio. | Thu Jun 8 House vote on Dodd-Frank overhaul, maybe. TRACE workshop. INVESTORS Market Practices Council telecon. | Fri Jun 9 Most of DOL fiduciary rule takes effect. | Sat Jun 10 149th running of the Belmont Stakes.
|
|
THURSDAY, JUN 8
INVESTORS Market Practices Council telecon
11 - 11:30 am
|
|
WEDNESDAY, JUN 21
INVESTORS Market Practices Council
Roundtable & Reception
One Financial Center, 5th Floor
Boston, Massachusetts
1 pm - 4:15 pm EDT
Register & see complete agenda here.
Agenda features expert guidance and discussions of topics that impact asset managers such as: credit market infrastructure | T+2 | global regulatory landscape | MiFID II | DOL fiduciary rule | FINRA requirements under Rule 4210 | Updates
from INVESTORS Council chairs (cybersecurity, CMBS, mortgage securitization). And more.
|
for more info on INVESTORS Councils
Matthew Jones,
staff director
mjones@association.institutionalINVESTORS.org
(202) 712-9050
|
|
at the agencies
Monday, Jun 5
FEDERAL RESERVE
Closed meeting for review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve banks.
Wednesday, Jun 7
SECURITIES AND EXCHANGE COMMISSION
The SEC's Office of Compliance Inspections and Examinations (OCIE), Division of Investment Management, and the Asset Management Unit of the Division of Enforcement will jointly sponsor a compliance outreach program seminar
for investment companies and investment advisers in New York City on staff examinations and observations, and topics of interest to advisers to private funds. The seminar is intended to help Chief Compliance Officers (CCOs) and other senior personnel enhance compliance programs at investment companies and investment advisory firms. Available via webcast. More info here.
Thursday, Jun 8
CONSUMER FINANCIAL PROTECTION BUREAU
Meeting to discuss credit visibility, credit products, trends and themes, and small business lending.
Friday, Jun 9
DEPARTMENT OF LABOR
Most of the 2016 fiduciary obligation rule on brokers who handle retirement accounts takes effect, despite the Trump administration's efforts to delay implementation. The rule was adopted by the Department of Labor under President Barack Obama to eliminate financial advice that charged consumers high fees and commissions.
|
|
on the hill
Tuesday, Jun 6
SENATE BANKING, HOUSING AND URBAN AFFAIRS
Full committee hearing to consider the nomination of Kevin Hassett
, director of domestic policy research at the American Enterprise Institute, to be Council of Economic Advisers chairman and Pamela Hughes Patenaude to be Housing and Urban Development deputy secretary.
Palenaude worked at HUD during the Ronald Reagan and George W. Bush administrations.
Wednesday, Jun 7
SENATE FINANCE
Full committee hearing to consider nominations of
former Bear Stearns economist David Malpass to be
undersecretary of the Treasury for international affairs; and Sullivan & Cromwell partner
Brent James McIntosh, co-head of the firm's cybersecurity practice, to be Treasury general counsel.
Thursday, Jun 8
SENATE FINANCE
Full committee hearing on "The President's Fiscal Year 2018 Budget."
Thursday, Jun 8
HOUSE OF REPRESENTATIVES
Vote on the Financial Choice Act, a major effort to reshape the Dodd-Frank Act, according to a person familiar with the matter not authorized to speak publicly.
Rules committee previously announced
plans to consider legislation week of June 6.
The bill would permit banks to hold additional capital in exchange for more relaxed regulatory burdens,
restructure the Consumer Financial Protection Bureau, repeal the Volcker Rule and Department of Labor's fiduciary rule, impose more oversight on the Federal Reserve, and tweak securities laws to lower burdens on small startups' capital-raising. The
bill has strong support from House Republicans, especially after language was removed that would have repealed fee caps on debit-card transactions.
HOUSE APPROPRIATIONS
Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies budget hearing. Acting Commodity Futures
Trading Commission Chairman J. Christopher Giancarlo will offer the case for his agency to be funded at approximately 13 percent more than the White House's request.
Thursday, Jun 8
HOUSE FINANCIAL SERVICES
Subcommittee on Terrorism and Illicit Finance hearing on "Virtual Currency: Financial Innovation and National Security Implications" will examine the risks virtual currencies pose to our financial system and their potential to be utilized for the financing of terrorism and illicit finance.
|
|
across the globe
Sunday, Jun 4 -
Tuesday, Jun 6
RIO DE JANEIRO
IFIE (International Forum for Investor Education) and IOSCO's Investor Education Conference.
Monday, Jun 5
LONDON, U.K
CFTC Chief Market Intelligence Officer Andrew Busch will speak at a Futures Industry Association conference.
Tuesday, Jun 6 -
Thursday, Jun 8
BEIJING, China
U.S. Energy Secretary Rick Perry will attend the 8th Clean Energy Ministerial. Energy ministers and delegates from 24 member countries and the European Union will discuss energy policies and actions meant to further the goals of the Paris Climate Agreement.
Tuesday, Jun 6 -
Friday, Jun 9
PARIS, France
OECD Week 2017 will
bring together government ministers, international experts and key figures from the worlds of academia, business and civil society. Jun 6-7: OECD Forum and a meeting with members of the OECD parliament. Jun. 7: signing ceremony of the Multilateral Instrument for BEPS tax treaty measures. Jun. 7-8: meeting of the OECD Council at Ministerial Level.
Wednesday, Jun 7 -
Thursday, Jun 8
RIO DE JANEIRO
IOSCO's Committee 8 on Retail Investors.
|
|
other events
Monday, Jun 5 -
Friday, Jun 9
NEW YORK CITY
The Ocean Conference, "Our Oceans, Our Future," hosted by the United Nations. This high-level
meeting will support implementation of Sustainable Development Goal (SDG) 14, designed to encourage conservation and sustainable use of the oceans, seas, and marine resources therein.
Tuesday, Jun 6
WASHINGTON DC
H. Rodgin Cohen and Ben Bernanke will participate in a panel discussion at the Brookings Institution to offer an exchange of views on Dodd-Frank's Orderly Liquidation Authority, which the Trump administration is reviewing. Bernanke is a former Federal Reserve chairman and Cohen is senior chairman at Sullivan Cromwell.
Thursday, Jun 8
TELECON
FINRA's final phone-in workshop in TRACE reporting of transactions in U.S. Treasury securities series.
FINRA staff will review relevant rules and regulations, and discuss testing and other relevant technical information. Questions from participants will be accepted in advance or during the presentation via email only. Register here.
Thursday, Jun 8
CHICAGO, Illinois
MSRB Executive Director Lynnette Kelly will participate in a regulatory panel discussion on proposed new material events under SEC Rule 15c2-12 at the Bond Buyer's Midwest Municipal Conference.
Thursday, Jun 8
WASHINGTON DC
MSRB Chief Education Officer Ritta McLaughlin and Associate General Counsel Gail Marshall will participate in a regulatory panel discussion at the Bond Dealers of America's Fixed Income Legal & Compliance Roundtable.
|
|
transparency. inclusiveness. consensus.
|
|
The Association of Institutional INVESTORS is a member-led organization of institutional investment advisors that represents the interests of investors and strives to advance good practices and promote fair and efficient financial markets through open engagement with policy makers and others.
|
|
|
Association of Institutional INVESTORS
One Financial Center, 5th Floor
Boston MA 02111-2660
|
|
|
|
|
|
