SPRING Conference 2024
April 11 & 12 / Willard Hotel, Washington DC
DRAFT AGENDA - TIMES SUBJECT TO CHANGE
Thursday April 11 - All member events in the Willard Room
10 AM - 11:15 AM - NOIP Board Meeting, Peacock Lounge
11:30 AM - 12:15 PM - Networking Lunch - Join fellow NOIP members for a casual networking lunch. This is a great way to kick off the conference while you catch up with colleagues.
12:20 PM - 1:00 PM - Litigation and it's Impact on the SEC’s Regulatory Agenda
As impacted parties are turning more and more to the courts to challenge SEC agency actions, the panelists will recount their perspectives of the legal challenges to rulemaking during Chairman Clayton’s administration and how those challenges paved the way for how litigation is being used to contest Chair Gensler’s regulatory agenda. They will also discuss the influence of comment letters on how a proposed rule may be modified before it is made final and what that might mean for the remaining SEC proposed equity market structure proposals. Finally, they will discuss how pending legal challenges could be reshaping not only how deferential courts will be to agency actions, but also how firms are regulated by both the SEC and SROs.
Moderator: Clare Saperstein* - Head of Market Services, NYSE Saperstein Bio
Panelists:
Elad Roisman - Corporate Partner, Cravath, Swaine & Moore LLP Roisman Bio
Nicholas J. Losurdo - Partner, Goodwin Proctor Losurdo Bio
1:00 PM - 1:40 PM - Buy Side Town Hall Forum
NOIP is at its best when its members are actively discussing today's issues. We have gathered a group of leaders from the buy side to lead a freewheeling discussion on what they are seeing in their day to day role. This no-agenda panel is unscripted and dependent upon audience participation so please bring your ideas and questions.
Teresa Woodard* - Head of Trading Analytics - T. Rowe Price
David Meyer* - Senior Multi-Asset Trader - Wisconsin Investment Board
Tony Godonis* - Principal, Director of Trading - Copeland Capital Management LLC
Brian Busby* - Head of Trading - Ranger Investment Management
1:45 PM - 2:30 PM - 2024 Capital Markets Legislative and Regulatory Outlook
The panelists will opine on the role that the 118th Congress has played in exercising its oversight authority to push back on the SEC’s rulemaking activity, as well as the prospects for any legislative activity before November. They will also offer their election prognostications, including jockeying for leadership on key committees including House Financial Services and Senate Banking. Finally, they will discuss anticipated regulatory and legislative priorities in the capital markets space depending on whether Trump or Biden occupies the White House next year.
Moderator: Ben Brown, Principal, Blue Ridge Law and Policy Ben Brown Bio
Panelists:
Shahira Knight, Managing Principal, Policy & Government Relations, Deloitte Shahira Knight Bio
Andy Blocker, Global Head of Public Policy and Strategic Partnerships, Invesco Andy Blocker Bio
Lucas Moskowitz, General Counsel, Robinhood Lucas Moskowitz Bio
2:30 PM - 2:45 PM - BREAK
2:50 PM - 3:10 PM - Ken Bentsen, President and CEO of SIFMA
Moderator Jim Burns, Partner at Cleary Gottlieb joins SIFMA’s CEO Ken Bentsen for an informative discussion on the broad ramifications of Basel III and other issues impacting the securities industry. Basel III is the latest update to global capital standards which will have a dramatic impact on the current US risk-based capital framework. While intended to improve the international banking sectors regulation, supervision, and risk management, the industry remains concerned that the new rules will penalize banks’ capital markets activities, which in turn could reduce liquidity, thereby hurting growth in the real economy. Ken will share his views on industry engagement on Basel III and other U.S. agency rulemaking such as the new Department of Labor’s retirement security rule and the litany of proposals and final rules from the Securities Exchange and Commission.
Ken Bentsen Bio
Jim Burns Bio
3:15 PM - 4:05 PM - Tom Bevan - Founder and President - RealClear Politics - A look ahead to November 2024; The Battle for the White House, the Senate, the House and Governorships.
Tom returns to NOIP for an in-depth discussion on how the elections may play out and impact the country and our industry.
Tom is a trusted political source in Washington. He publishes original content and selects the must-read stories and analysis from each side of the debate. With seven million monthly views, the site’s calling card is its innovative RCP polling average, the first of its kind and trusted across the aisle. Bevan addresses politics and elections.
A political junkie, he also offers the historical context of today’s political events so that his audience can get a better understanding of what is happening in Washington and more importantly, why.
Bevan Bio
4:05 PM - 5:00 PM - Neil Howe - Managing Director of Demography, Hedgeye Risk Management
Neil Howe is a historian, economist, and demographer who writes and speaks frequently on generational change, American history, and long-term fiscal policy. He coauthored seven books with William Strauss, including Generations, 13th Gen, The Fourth Turning, and Millennials Rising. In 1991, Howe and Strauss coined the term “Millennial Generation.” Howe’s other books include On Borrowed Time (with Peter G. Peterson) and The Graying of the Great Powers (with Richard Jackson). He is managing director of demography for Hedgeye, an investment advisory firm. He is also a senior associate at the Center for Strategic and International Studies and at the Global Aging Institute. He grew up in California and holds graduate degrees in history and economics from Yale University. He lives with his family in Great Falls, Virginia.
Neil will be joined by NOIP member Justin Kane*, Vice-President and Senior Trader at Northern Trust for a wide ranging discussion on Neil's work across various disciplines.
5:00 PM - 6 PM - Free time
6 PM - 7 PM Cocktails at The National Press Club
7 PM - Dinner at The National Press Club
Friday April 12 - All member events in the Willard Room
6:15 AM - Spartan Workout with Joe De Sena
An easy run around a few monuments with breaks to stop and do some basic exercises. Fun for all ages and abilities! Meet right outside the Willard front door at 6:15 AM SHARP!!!
5 Things to Know about Joe
7:30 AM - 8:30 AM - Breakfast and NOIP Annual Meeting
8:30 AM - 9:00 AM - Congressman Josh Gottheimer - D (NJ-5) and Congressman Mike Lawler - R (NY-17)
Cogent Strategies Managing Director Dave Oxner leads the Congressmen through a discussion of topics including their work together on the Problem Solvers Caucus, International aid, and all things SEC and regulation realted.
Rep Gottheimer Bio
Rep Lawler Bio
Dave Oxner Bio
9:05 AM - 9:35 AM - Finance and the Unexpected
Jessica Wachter - Chief Economist and Director of the Division of Economic and Risk Analysis (DERA)
Life is full of outcomes that we do not know for certain and thus have the potential to take us by surprise. How do investors and the markets deal with this uncertainty and what is the role of regulation?
Jessica Wachter Bio
9:40 AM - 10:20 AM - The Future of Trading
Some challenges - like figuring out how to integrate AI into one's trading process, or keeping pace with developments in crypto - are new. Others, like how to navigate the ever-changing buy-side/sell-side relationship dynamic, are not so new. In this panel, we'll ask a trio of rising stars to give their views on trading challenges old and new. In the process, we hope to shift the focus from how trading may evolve over the next 1, 3, or 5 years, to how it could change over the next 10, 20, or 30 years.
Moderator: Kimberly Russell*, Head of ETF Market Structure and Advocacy, State Street Global Advisors
Panelists:
Jeremy Coste - Head of Electronic Execution Consulting - BofA Securities
Bradly Florio - Trading and Execution Developments - Ashler Capital/Citadel
Kelsie Palumbo - Vice President - Fixed Income Trader - T. Rowe Price
10:20 AM - 10:30 AM - Break
10:30 AM - 11:00 AM - Andy Laperriere- Piper Sandler - Head of US Policy
Andy will share his thoughts on how the election could impact different sectors of the economy and specific businesses that could benefit from / face more headwinds depending on the outcome of the presidential election and down-ballot races. Andy analyzes how tax, budget, trade and other policy changes could impact the economy and financial markets. He also tracks geopolitical developments, elections and political trends, so we look forward to an engaging and timely conversation.
Andy Laperriere Bio
11:00 AM - Noon - Joe De Sena - Founder and CEO of Spartan
Spartan shares the road-map to success…its the journey everyone must take…once taught…life comes easy.
Joe De Sena Bio
Noon - Optional Lunch
* NOIP MEMBER