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The 30Th Annual FEDERAL SECURITIES INSTITUTE After the Financial Crisis—Recovery, Legislative and Regulatory Change

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The 30Th Annual FEDERAL SECURITIES INSTITUTE After the Financial Crisis—Recovery, Legislative and Regulatory Change West LegalEdcenter and the Florida Bar Business Law Section present: The 30th Annual FEDERAL SECURITIES INSTITUTE After the Financial Crisis—Recovery, Legislative and Regulatory Change February 16-17, 2012 Eden Roc Renaissance Miami Beach, Miami Beach, Florida Highlights of this fast-paced program include: • Regulatory reform and what it means for disclosure, executive compensation, capital raising and accounting • Insight into significant new cases and trends in Delaware law by two leading jurists • What lies ahead for mergers and acquisitions with a focus on strategic deals and financial transactions • Proxy reform, including shareholder response, communications and proxy mechanics *2 WAYS TO REGISTER: SPECIAL OFFERS! 1. westlegaledcenter.com 1. Receive 20% off of your registration with this brochure! 2. 1.800.308.1700 Mention promo code: FEDSEC20 2. Group Discounts Available! Save 30% when you bring 3 or more people! Call 1-800-308-1700 for more information Program Co-Chairs: Gregory Yadley – Partner, Shumaker, Loop & Steven Rosenblum – Partner, Wachtell, Lipton, Kendrick LLP Rosen & Katz Stanley Keller – Partner, Edwards Wildman Gregory Williams – Partner, Richards, Layton & Palmer LLP Finger, P.A. From the Bench: Chief Justice Myron Steele - Delaware Vice Chancellor J. Travis Laster - Delaware Supreme Court Court of Chancery Speakers: Michele Anderson – Chief, Office of Mergers and Acquisitions, Roy Katzovicz – Chief Legal Officer, Pershing Square Capital U.S. Securities and Exchange Commission Management, L.P. Daniel Aronson – Shareholder, Berger Singerman, P.A. Robert Kindler – Vice Chairman of Investment Banking, Christian Bartholomew – Partner, Weil, Gotshal & Manges LLP Morgan Stanley Craig Beazer – Deputy General Counsel, Bank of America Justin Klein – Partner, Ballard Spahr Andrews & Ingersoll, LLP Andrew Brownstein – Partner, Wachtell, Lipton, Rosen & Katz John Latham – Partner, Alston & Bird LLP Eric Bustillo – Regional Director, U.S. Securities and Exchange Steven Liff – Senior Managing Director, Sun Capital Partners Commission (Miami Regional Office) Michael Movsovich – Senior Corporate Partner, Kirkland & Christopher Cernich – Director of M&A and Proxy Fight Ellis LLP Research, ISS Tracy Nichols – Partner, Holland & Knight LLP Audra Cohen – Partner, Sullivan & Cromwell LLP Steven Peck – Partner, Weil Gotshal & Manges LLP Louis T.M. Conti – Partner, Holland & Knight LLP Jennifer Rand – Deputy Chief Auditor/Deputy Division Director, Catherine Dixon – Partner, Weil Gotshal & Manges LLP PCAOB Nathaniel Doliner – Partner, Carlton Fields Lisa Schmidt – Director, Richards, Layton & Finger P.A. David Felman – Partner, Hill, Ward & Henderson P.A. Robert Spatt – Partner, Simpson Thacher & Bartlett LLP Joele Frank – Managing Partner, Joele Frank, Wilkinson Andrew Stull – Managing Director, Houlihan Lokey Brimmer Katcher Linda Chatman Thomsen – Partner, Davis Polk & Wardell LLP Michael Gans – Partner, Blake, Cassels & Graydon LLP Kenneth Vianale – Vianale & Vianale LLP Linda Griggs – Partner, Morgan, Lewis & Bockius LLP Herbert Wander – Partner, Katten Muchin Rosenman LLP John Hardiman – Partner, Sullivan & Cromwell LLP John White – Partner, Cravath, Swaine & Moore LLP WHO SHOULD ATTEND? • Corporate & Transactional Attorneys • Banking Professionals * • In-House Counsel • Mergers & Acquisitions Lawyers 2 WAYS TO REGISTER: • Securities & Investment • Anyone in the Financial Industry 1. westlegaledcenter.com 2. 1.800.308.1700 REGISTRATION Individual $795 You can receive 20% off your fee with this mailing! Mention promo code FEDSEC20 GROUP DISCOUNTS AVAILABLE 3 or more for 30% off! Call 1-800-308-1700 for more details The registration fee includes the conference, course materials, luncheon, and reception. All payments must be received prior to the start of the conference. FEDERAL SECURITIES ROOM BLOCK DETAILS: Please call Marriott Reservations at 800.228.9290 and reference the “30th Annual Federal Securities Institute” at the Eden Roc Renaissance Miami Beach, to obtain the group rate of $239/night plus taxes. The cut-off date for guest room reservations is January 19, 2012. Rooms are subject to availability. EVENT AGENDA DAY ONE - Deal Activity, Activism and DAY TWO - Further Implementation of Dodd- Enforcement Frank Legislative and Regulatory Change 8:45 – 9:00 AM Introduction 8:30 – 8:45 AM Introduction 9:00 – 11:00 AM Mergers & Acquisitions: New Approaches 8:45 – 10:45 AM Regulatory Reform to Strategic and Financial Transactions Dodd-Frank 1 Year Later: • Banker Update on M&A Environment * Disclosure and financial reporting developments • Negotiated Deals - Non-GAAP measures - Tender offers and structuring issues - Cybersecurity risks - Dealing with financing and regulatory risk - Other current hot topics - Trends on conditionality * Executive compensation - MAE - Round Two for say-on-pay • Hostile Deals - Upcoming disclosures on pay-for-performance - Takeover defense after Airgas and the CEO pay ratio - What are the keys to success on offense and on - Clawbacks defense - Independence for compensation committees and 11:00 – 11:15 AM Break advisors * Shelf offerings and other public capital raising 11:15 AM – 12:30 PM Private Equity, LBOs, and techniques Venture Capital * Changes taking place for private and smaller public • Market & deal statistics and 2012 outlook companies • Focus on the Middle Market - Crowdfunding • Add-on acquisitions and related financing challenges - Rethinking the triggers to required Exchange Act • Key deal terms and exit strategies registration - Reverse mergers 12:30 – 1:45 PM Luncheon w/ Keynote Speaker - - IPO developments Chief Justice Myron Steele, Delaware Supreme Court * PCAOB and auditor matters 1:45 – 3:30 PM Proxy Reform Hedge Fund and Institutional - Auditor independence and the prospect of Activism; Proxy Fights mandatory audit firm rotation • Economic activism and governance activism - Changes to the auditor reporting model • Communicating with shareholders - Audit committee communications • Proxy access 10:45 – 11:15 AM Break (Distribution of “Box Lunches”) • Beneficial ownership reporting initiatives • Proxy mechanics 11:15 AM – 12:15 PM Ethical Issues/Challenges Faced by • Proxy fights and the role of proxy advisory services Lawyers Dealing with Disclosure Issues • How to deal with: 3:30 – 3:45 PM Break - Disclosure challenges - Responses to auditors 3:45 – 5:45 PM The Reinvigorated SEC Enforcement Program and Private Litigation - Duties to the client • The SEC’s enforcement program - Dealing with the recalcitrant client • Managing the inter-relationship of governmental and • What happens when the government knocks? private litigation - Governance considerations • Class actions and derivative suits - Disclosure challenges • Interplay of civil and criminal actions - Preserving confidentiality protections • Federal and state forums - Duties of lawyers handling investigations - the delicate balance 5:50 – 6:45 PM Cocktail Reception - How has whistleblowing changed things? 12:15 – 1:30 PM Delaware Law Developments • Recent Trends and New Decisions.
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