September 9, 2013, 11 a.m. EDT
U.S. Commodity and Futures Trading Commission (CFTC) rules require clearing of designated interest rate and credit default swaps by ERISA pension plans and certain other counterparties by September 9. Other CFTC requirements for swaps have recently gone into effect or will soon be mandated.
This webcast will help pension-plan asset managers:
- assess the implications of new reporting requirements and publicly available data;
- prepare for clearing specified interest-rate swaps and credit-default swaps;
- prepare for new modes of trade execution; and
- understand the importance of reviewing their preparations with trading, clearing and custody partners and advisors.
We have an impressive line-up of speakers for this webinar:
William P. Kelly
Managing Director, Global Collateral Services
Bill Kelly manages the Insurance, Corporate, Pensions, and Sovereign Wealth Fund Business Development for BNY Mellon’s Global Collateral Services (GCS) business. In addition, Bill continues his responsibilities as Deputy Head of BNY Mellon Securities Finance and continues to direct Client Relationship Management and Business Development for Securities Finance globally. Bill brings over 20 years of experience in the securities industry to Global Collateral Services. He joined The Bank of New York in 2002 after 13 years with Deutsche Bank (Bankers Trust). His responsibilities at Deutsche Bank were managing the Global Sales and Client Management activities of the Global Portfolio Management Group, which was responsible for both securities lending and short term money management products. Prior to these assignments, Bill was responsible for the Insurance Industry Custody Group at Bankers Trust where he had sales, client management, operations and administration reporting to him.
Derivatives Product Manager, Global Collateral Services
Michael Landolfi is the Derivatives Product Manager within BNY Mellon’s Global Collateral Services. Prior to transitioning to Global Collateral Services he was the Derivative Product Head for Asset Servicing in the Americas. He joined BNY Mellon following several senior management positions at Premier Global Securities Lending LLC, State Street Corporation and Price Waterhouse LLC. Michael has a wealth of experience in financial services, with expertise in global securities lending, broker/dealer, custody, agency finance, prime brokerage and emerging markets.
Mr. Schwartz is a member of Davis Polk’s Corporate Department and the Trading and Markets practice within the Financial Institutions Group. He advises on securities compliance, regulatory and transactional matters. His clients include major international banks, broker-dealers, securities exchanges and consulting firms.
Mr. Rosenberg is an associate in Davis Polk’s Financial Institutions Group. He advises financial institutions, corporations and trade associations on the requirements, impact and implementation of the Dodd-Frank financial reform legislation. In this area, he focuses on the regulatory treatment, trading and clearing of derivatives and the Volcker Rule proprietary trading restrictions.
Editor & Publisher
LOMA’s Resource Magazine
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2013, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.