CCSL: Directors Forum Bonus Session—
Regulatory and Legal Issues in the Year Ahead: What Directors, Shareowners, and Management Should Know
—Sunday, January 27, 2013, 2:30 pm - 4:45 pm
A Conversation with Preet Bharara, US Attorney for the Southern District of New York
—Monday, January 28, 2013, 1:00 p.m. - 2:15 p.m.
Preet Bharara, US Attorney for the Southern District of New York and one of The World's 100 Most Influential People in 2012 according to Time Magazine, will discuss prosecutions under President Obama's Financial Fraud Enforcement Task Force, the broadest coalition of law enforcement, investigatory and regulatory agencies ever assembled to combat fraud. Over the past three fiscal years, the Justice Department has filed more than 10,000 financial fraud cases against nearly 15,000 defendants, including more than 2,700 mortgage fraud defendants.
The Wild World Of Insider Trading: Investment Opportunity or Illegal Behavior?
—Wednesday, October 24, 2012, 5:15 p.m. - 7:30 p.m.
Insider trading prosecutions, both criminal and civil, are on the rise. On June 15, 2012, a jury found Rajat Gupta, a former director at Goldman Sachs and Procter & Gamble, guilty of conspiracy and securities fraud for leaking boardroom secrets to his former friend and business associate, Raj Rajaratnam. Previously, on May 11, 2011, a jury found hedge fund billionaire and Galleon founder Raj Rajaratnam guilty, who is currently serving an 11-year prison sentence, the longest ever imposed in an insider trading case. The number of insider trading civil actions brought by the SEC increased more than 50 percent from 2009 through 2011. Many of these cases involved financial professionals, hedge fund managers, corporate insiders, attorneys, and even government employees who unlawfully traded on material non-public information, all of which undermine the integrity of the capital markets. In April 2012, the SEC announced a settlement in a $32 million insider trading case filed last year against a corporate attorney and a Wall Street trader.
Illegal insider trading is buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about a security. Insider trading violations may also include “tipping” such information, securities trading by the person “tipped,” and securities trading by those who misappropriate such information. The line between what is legal and illegal can be blurry. What might initially appear to be an “investment opportunity” in reality may require illegal conduct to execute.
A Conversation with SEC Director of Enforcement Robert S. Khuzami
—Monday, January 23, 2012, 7:30 - 9:00 am
Before Khuzami was appointed as Director of the Securities Exchange Commission (SEC), Division of Enforcement, on February 19, 2009, he served as general counsel for the Americas at Deutsche Bank AG and was a federal prosecutor for 11 years with the United States Attorney's Office for the Southern District of New York. As chief of the U.S. Attorney Office's securities and fraud task force for three years, Khuzami prosecuted numerous complex securities and white-collar criminal matters, including those involving inside trading, Ponzi schemes, accounting and financial statement fraud.
Center for Corporate and Securities Law Welcomes Maverick Bank Analyst Mike Mayo
—Thursday, January 26, 2012, 5:00 - 7:30 p.m.
The University of San Diego School of Law and its Center for Corporate and Securities Law (CCSL) are pleased to present "An Evening with Mike Mayo, Banking Analyst for CLSA, an affiliate of Credit Agricole Securities"
The evening event will feature distinguished speaker Mike Mayo, maverick bank analyst for CLSA (Credit Lyonnais Securities Asia), an affiliate of Credit Agricole Securities and author of Exile on Wall Street: One Analyst's Fight to Save the Big Banks from Themselves. Signed copies of the book will be given to the first 100 conference attendees. Click here to read the the book review by The Wall Street Journal Money & Investigating editor Francesco Guerrera.
Investors who took Mike Mayo's advice have done well over the years. In May 1999, he wrote a 1,000 page report recommending investors sell stocks of 47 banks, despite the fact that his peers were telling investors to buy.
Mayo brings to this event a unique perspective on the investment community. He's as outraged as the Occupy Wall Street protesters, standing firm against executive entitlement. Over the years, Mayo has paid a price for his integrity. He worked at six Wall Street forms, was fired by one and muzzled by another. He has testified before Congress about the problems and conflicts on Wall Street.
Navigating the Markets Three Years After the Financial Crisis
—Tuesday, October 4, 2011, 5:30 pm - 8:30 pm
Standard & Poor's unprecedented downgrade of U.S. debt coupled with Europe's debt crisis has caused the economic recovery to be uneven, impacting investors, retirement security, corporate profitability and investment opportunities in the stock, bond and derivatives markets. University of San Diego School of Law's Center for Corporate and Securities Law and sponsoring partner, Brandes Investment Partners, invite you to join them for an evening of discussion, debate and guidance for investors in the new global environment.
Expert panelists Yaron Brook, Robert Gnaizda, George WilderM and Christianna Wood will provide insight and guidance through new key investor protection measures and debate issues affecting investors.
5:30 p.m. – Reception
6:30 p.m. – Panel Discussion
Regulatory and Legal Issues in the Year Ahead:
What Directors, General Counsel, Managers and
Shareholders Need to Know
—Sunday, January 23, 2011, 1:30-5:15 p.m.
The Directors Forum 2011 bonus session is presented by University of San Diego School of Law Center for Corporate and Securities Law, and sponsored by the CFA Institute. Join us for an afternoon of dialogue on cutting-edge corporate governance issues and find out what's on the minds of institutional investors, directors and regulators.
1:30-2:15 p.m. – Keynote address by Securities and Exchange Commissioner Kathleen Casey
2:30-3:45 p.m. – The Changing Regulatory Landscape: The road ahead—an in-depth look by experts
4:00-5:15 p.m. – Legal Developments and Litigation Trends: Beyond the financial crisis
5:15-5:45 p.m. – Book signing by Christine S. Richard, author of Confidence Game
Tales of Fraud and Corruption: Corporate Governance in Emerging Markets
—Monday, October 25, 2010, 5:30 p.m.
Cynthia Richson, Co-director or the Center for Corporate & Securities Law at USD School of Law, moderated a panel of experts including William F. Browder and Robert P. Smith. The panel discussed the risks and rewards of investing in emerging markets such as Russia and Turkey.
5:30-6:45 p.m. – Registration – KIPJ Rotunda
6:45-8:00 p.m. – Panel Presentation and Discussion – KIPJ Theatre
Yellow Dirt: An American Story of a Poisoned Land and a People Betrayed
—Wednesday, October 13, 2010, 12:00 p.m.
Former Los Angeles Times reporter Judy Pasternak will discuss her new book Yellow Dirt: An American Story of a Poisoned Land and a People Betrayed in which she tells the story of 80 years of uranium mining and the lethal effects it has had on the Navajo people.
Where is Corporate and Securities Litigation Headed Post-Crisis
—Monday, April 12, 2010
Panelists Brian R. Cheffins, William Lerach and Frank Partnoy will discuss trends in the aftermath of the financial crisis, including the changes in the nature and extent of state court filings in Delaware and the approaches taken in recent federal securities class action lawsuits against major financial institute.
Legal Issues in the Year Ahead:
What Directors and General Counsel Need to Know
—Sunday, January 24, 2010
The University of San Diego School of Law and the Corporate Directors Forum have partnered to bring you this pre-conference session, kicking off the 2010 Directors Forum and USD School of Law's new Center for Corporate and Securities Law.