  Tuesday, April 1, 2003
 “Litigation – Surviving the Crash” Dominic Campisi Partner EVANS, LATHAM, HARRIS, & CAMPISI San Francisco, California The program will examine recent decisions dealing with fiduciary liability, particularly with respect to investment and management breaches. We will also examine claims (which should not be) brought against Trustees under little FTC acts. We will discuss the latest word on class actions. And, what can we learn from Anna Nicole Smith about the crime fraud exception to the attorney client privilege? 9:30 - 10:45 am “Litigation” (Repeat Session) 11:00 am - 12:15 pm “Mutual Funds Advanced Issues” Bruce Marcus Director – Enterprise Risk Services DELOITTE & TOUCHE, LLP New York, New York Understand the trends in how Investment Managers and Mutual Fund Complexes are managing risk in an efficient and effective manner. What does Sarbanes-Oxley mean to asset managers and their controls structure, including what role do service providers play? Concurrent Sessions - “Track II”: 8:00 - 9:15 am br>“The Seven Deadly Sins of Personal Trust Administration” Herbert J. Sliger, Jr. BANK ONE, N.A. Phoenix, Arizona Learn how to avoid or extricate your organization from the pitfalls, pratfalls, and freefalls of the Seven Deadly Sins of Personal Trust Administration, including: unauthorized or erroneous distributions to beneficiaries; unsecured and/or demand loans to beneficiaries who have no intention or ability to repay; and the maintenance of client relationships arising out of deference to beneficiaries' (Roy L. Paine, Mary M. Rich, Phil T. Rich) wishes, but having no authorization in the governing trust instrument. 9:30 - 10:45 am “The Seven Deadly Sins of Personal Trust Administration” (Repeat Session) 11:00 am - 12:15 pm “Insurance – Current Issues” Thomas J. Pauloski Partner LEVIN & SCHREDER, LTD. Chicago, Illinois How are trust-owned and bank-owned life insurance products marketed and sold? What are the risks to the purchaser? Do the TOLI and BOLI products in the bank's inventory meet current needs? How are these products regulated? What are the tax issues? How much insurance is too much? And just what was I thinking when I signed up for this session??? Mr. Pauloski will explore these topics and many more in this lively presentation that will change the way you think about life insurance. Concurrent Sessions - “Track III”: 8:00 - 9:15 am “Investment Products Licensing Requirements” Ross Heins Senior Vice President BANK OF AMERICA, N.A. Atlanta, Georgia Ross will review the latest developments of the Gramm-Leach-Bliley Act “Push-Out” provisions. Discussion will center around the key exemptions under title II that will impact Trust Departments and Private Bank Divisions. He will discuss the current issues on dealing with a dual employee sales model. He will address the blurring and the marketing of Bank and Brokerage services. 9:30 - 10:45 am “Investment Products Licensing Requirements” (Repeat Session) 11:00 am - 12:15 pm “Alternative Investment Strategies” Bob Storey Director – Alternative Investment Group WACHOVIA BANK, N.A. Charlotte, North Carolina Alternative Investments: What are they? Why are they so popular? How can firms prudently offer them to their qualified investors? This breakout session will provide a concise overview of hedge and private equity funds and explore why they have become so popular among affluent investors and their investment managers. Additionally, this session will highlight the real-life experiences of Wachovia, the nations 4th largest bank holding company, in offering these products for sale through its banking and brokerage channels since 1996. Concurrent Sessions - “Track IV”: 8:00 - 9:15 am “Estate Administration” Sally L. Sargent Senior Vice President HARRIS TRUST & SAVINGS BANK Chicago, Illinois The objectives and responsibilities of estate administration have not changed but the estate administration business has and your institution must keep up! Sally will lead a discussion of current tax law changes that impact estate planning and administration and offer real-live examples of unique estate problems and their resolution. Join Sally for a current update to a very traditional service. 9:30 - 10:45 am “GLBA – New World Order” Sally Miller Director – Center for Securities, Trust, and Investments AMERICAN BANKERS ASSOCIATION Washington, D.C. Banking has never been the same since the passage of the Gramm-Leach-Bliley Act of 1999. Opportunities have increased and business objectives have changed. But there has been a price to this modernization – education requirements, conflicts of interest and regulatory oversight risk. Come hear one of the industry’s experts discuss broker-dealer provisions, the “push-out” exemptions, and the requirements for depository institutions. 11:00 am - 12:15 pm “GLBA – New World Order” (Repeat Session) Adjourn for Afternoon Activities Click here to print a schedule. |