Managing Institutional Conflicts of Interest: Overview and Certain Areas of Current Concern

On November 17, 2006, the New York office prepared the attached Outline entitled “Managing Institutional Conflicts of Interest: Overview and Certain Areas of Current Concern.” The Outline was prepared in connection with the Financial Markets Association (FMA) 2006 Treasury and Capital Markets Legal and Legislative Issues Conference held in Washington, D.C. on November 2-3, 2006. The Outline covers, among other things, recent developments regarding mutual fund sales practices, late trading and marketing timing issues, proprietary trading, and research analyst rules.