SIFMA Annual Meeting

Program

Monday, October 27, 2008
5:00-7:00PM	Welcome Reception for Annual Meeting
Co-Hosted by International Market Recruiters PriceMetrix Inc. Sybase
Tuesday, October 28, 2008
7:00 AM	Registration Opens

8:00 AM	Breakfast and Featured Presentation
	Mayor Michael R. Bloomberg 108th Mayor of New York City


	Formal Breakfast Co-Hosted by SecondMarket SunGard Tullett Prebon

9:00 AM	Morning General Session
	Co-Hosted by DST TASS Interactive Data Swingvote, Inc.

	Opening Comments Through the Turmoil: Accomplishments of 2008 & Looking Ahead to 2009
	Blythe Masters Head of Global Commodities J.P. Morgan Chase & Co. Chairman, Securities Industry and Financial Markets Association
	T. Timothy Ryan, Jr. President & Chief Executive Officer Securities Industry and Financial Markets Association
	SIFMA’s leadership will provide insightful perspectives on the economy and industry priorities, as well as update the membership on current SIFMA initiatives and accomplishments.

9:30 AM	The Role of the SEC in a Post-Regulatory Reform Environment
	Co-Moderators: Ira D. Hammerman Senior Managing Director and General Counsel Securities Industry and Financial Markets Association Michael Paese Executive Vice President, Global Advocacy Securities Industry and Financial Markets Association
	Panelists:
	Annette L. Nazareth Partner Davis Polk & Wardwell
	Harvey Pitt Chief Executive Officer Kalorama Partners, LLC
	Mary Schapiro Chief Executive Officer FINRA
	Our distinguished panel of experts will provide unique perspectives on the role of the Securities and Exchange Commission. The panel will discuss SEC actions in response to the current financial crisis, the proposed blueprint for regulatory reform as well as the future of the SEC and the changing role of self regulation.
	Morning Refreshment Break Co-Hosted by IBM The Wall Street Journal

10:45 AM	State of Capital Markets & the Global Economy
	Henry M. Paulson Secretary U.S. Department of the Treasury

11:25 AM	State of the Global Economy
	John Lipsky First Deputy Managing Director International Monetary Fund
	Against the backdrop of prolonged financial strains and high commodity prices, the global economy is confronted with its most difficult set of circumstances in many years. Mr. Lipsky’s presentation will discuss the current state of the global economy and outlook, as well as the immediate policy challenges for both advanced and emerging economies—supporting growth and restoring health to the financial system, while keeping inflation at bay. Mr. Lipsky will emphasize the multilateral nature of many key risks that arise in this context, including still-large global imbalances, and the need for a sense of shared responsibility (and joint action) to foster a smooth adjustment path that safeguards global prosperity.

Noon –1:30 PM	Luncheon Presentation
	Co-Hosted by BDO Consulting The Davidsohn Group DTCC Deriv/SERV LLC FTEN, Inc. Pershing LLC
	Political Dialogue Session – Closed to Press
	Paul Begala Counselor to President William J. Clinton and CNN Analyst
	Karl Rove Former Deputy Chief of Staff and Senior Advisor to President George W. Bush, 2000-2007 and Fox News Contributor
	This session featuring Paul Begala and Karl Rove will offer a dynamic discussion analyzing competing views of the 2008 presidential election, the candidates and platforms, and what Americans can expect from a new administration

1:30 PM	Afternoon General Session
	Co-Hosted by DST TASS Interactive Data Swingvote, Inc.
1:30 PM	Total Transformation
	Duncan L. Niederauer Chief Executive Officer NYSE Euronext
	The unprecedented and rapid transformation of financial markets in America and throughout the world has significant impact on practitioners and customers. So, too, have events such as the credit crisis and the downturns in markets and the economy. In this complex environment, what are the challenges and opportunities for investors, issuers and broker-dealers? What are NYSE Euronext, regulators and other influencers doing to manage and deliver on expectations? What must be done to move forward in the emerging global economy? Mr. Niederauer will present these topics during the afternoon general session.
2:00 PM
	Robert Greifeld President & Chief Executive Officer The NASDAQ OMX Group

	Afternoon Refreshment Break Hosted by eFinancialCareers

2:55 PM	The Credit Freeze, Transparency and Other Lessons from the Muni Perspective
	Ronald A. Stack Chair, Municipal Securities Rulemaking Board, FY'2009 Managing Director and Head of the Public Finance Department Barclays Capital
	During this session, Mr. Stack will discuss current issues impacting the municipal securities industry including: Electronic Municipal Market Access System Auction Rate Securities and VRDOs Bond Insurance Ratings Short-term Debt Transparency Real-Time Transaction Reporting Research Initiatives

3:25 PM	The Changing Landscape of the Financial Services Industry: A View from Regional and Independent Firms
	William Dwyer President, Independent Advisor Services LPL Financial
	Chet Helck President & Chief Operating Officer Raymond James Financial
	William A. Johnstone President, Chief Executive Officer and Director Davidson Companies
	Ronald J. Kruszewski Chairman and CEO Stifel, Nicolaus & Company, Inc.
	Recent events have altered the landscape of the financial services industry in major, multi-dimensional ways. The upcoming changes will affect regulatory structure, industry consolidation, and investor service. These leaders of Regional and Independent firms will address the evolving structure from their unique perspectives.

NEWLY ADDED SPEAKER !
4:25 PM	Global Markets after the Storm
	Abby Joseph Cohen President Global Markets Institute Senior Investment Strategist Goldman Sachs & Co.
	This session will take a broader perspective on the outlook for the global economy and markets. It will include a review of the long-term challenges, and opportunities, facing corporate leaders, market participants and government policymakers.

5:00 PM	Cocktail Reception
	Co-Hosted by Axis Technology, LLC Deloitte & Touche USA LLP Market Resolve Wedbush Morgan Securities

6:30 PM	Dinner with Guest Speaker and Entertainment
	Dinner Co-Hosted by Broadridge Financial Solutions, Inc. Capco Comprehensive Software Systems Dow Jones KPMG PriceMetrix Inc.
6:40 PM	Entertainment Provided By: The Boys and Girls Choir of Harlem Alumni Ensemble


7:45 PM	The Global Financial Outlook
	Lawrence Summers Former United States Treasury Secretary and Harvard President At a time when the U.S. is borrowing at an unprecedented rate from developing countries, the price of oil is at record highs, and the housing market is softening, Lawrence Summers analyzes global financial risks and opportunities drawing heavily on both his economic and policymaking experience
	Dinner Speaker Sponsored by PNC Global Investment Servicing (U.S.) Inc. Thomson Reuters
9:00 PM	Evening Concludes