ADISA Career Center

Full Agenda

Thursday, July 24
 
8:30-8:45 am          Welcome and Introductions
  Mike Bendix, DFPG Investments, Due Diligence Forum Leader
John Grady, National Fund Advisors, Legislative & Regulatory Committee Co-Chair
8:45-9:40 am Opening Session: Special Invited Guest U.S. Sen. Johnny Isakson (R-GA), member of U.S. Senate Committee on Finance
  Introduction: John Harrison, CEO, REISA
9:40-10:30 am Advertising Deep Dive: What is Fair & Balanced?
  Is fair and balanced advertising an oxymoron? This panel will discuss to what extent can a firm’s marketing literature impact your due diligence decisions. Questions to be addressed will include:
  • What advertising clues might lead you to deny approval of a sponsor? 
  • How would you deal with an aggressive sponsor whom some of your top Reps require? 
  • How does general solicitation for private placements impact your decision to work with a private placement?
  • How does your firm monitor communications among the sponsor, your Advisors, and Advisors' clients?
  Moderator: Dana Woodbury, Buttonwood Investment Services
Panelist: Brian Boppre, Bwayde Enterprises; John Grady, National Fund Advisors; Michael Ponticello, SQN Capital Management
10:30-10:50 am Exhibitor Showcase and Break
10:50-11:40 am Regulatory Exam Lessons Learned
  Independent and managing broker-dealers focusing on alternative investments will share their recent experiences with FINRA, SEC and state examinations. Topics to be covered include: exam focus, preparation, changes to exam process over the years, best practices learned from the exam and examiners and policy and process changes post-exam.  
  Moderator: Brandon Reif, Winget Spadafora & Schwartzberg
Panelists: Trevor Gordon, Sandlapper Securities; Kimberlee Levy, Concorde Investment Services; Brandon Balkman, Orchard Securities
11:45 am-12:55 pm              Exhibitor Showcase and Lunch
1:00-1:55 pm Oil & Gas PPM Review: Where Are the Landmines? 
  Legal industry experts explain common mistakes of oil & gas sponsors in the drafting of their program offerings and the consequences of those mistakes for FINRA member firms which sell oil & gas products (e.g., regulatory enforcement and arbitrations).  As a sample, we dive into an oil & gas offering PPM with common drafting mistakes and explore the land mines.    
  Moderator: Brad Updike, Mick & Associates
Panelists: Brett Evans, Evans & Kob; David Cohen, APX Energy
2:00-3:10 pm BDAC                      Town Hall Meeting
  THE BDAC is for Broker-Dealers only.
Moderator: Cristy O'Neil, Investors Capital Corporation
This session is designed for sponsors and affiliates.
Moderator: Darryl Steinhause, DLA Piper
  Both sessions will explore sponsor/broker-dealer issues in an open forum. The results will be presented in a single session at REISA’s Annual Conference.
3:15-3:45 pm Exhibitor Showcase and Break
3:45-4:55 pm A Practical Guide to Due Diligence
  Real time observations of a due diligence team’s questions and interactions with two different sponsors while at mock onsite visits at the sponsors' offices. 
  Moderator: Barbara Halper, FactRight
Panelists: Rick Chess, Birtcher Anderson Chess; Jan Ryan, Ryan & Associates; Daniel Oschin, The Shopoff Group; Todd Snyder, SK Research; Mark Kosanke, Concorde Investment Services; Andy Christofferson, Berthel Fisher; Rosemarie Leong, Sandlapper Securities; Kurt Tesh, Kalos Financial; Rob Mather, Cabot Lodge Securities
5:00-6:30 pm Exhibitor Showcase and Welcome Reception








































 

 

 
Friday, July 25
7:30-8:30 am Exhibitor Showcase and Breakfast
8:30-9:25 am Reg A+/Rule 506(c)
  Important developments in the Reg A marketplace and comparison with the Reg D space will be explored in blended presentation/panel format.
  Moderator: Rob Kaplan, Kaplan Voekler Cunningham & Frank
Presenter: Mike Bendix, DFPG Investments; Bill Carter, Moloney Securities; Greg Paul, Orchard Securities
9:30-10:25 am Strategies for Addressing Alternative Investment Allocations and Concentrations
  How do firms and sponsors address regulatory suitability and concentration limits for alternative investment offerings?  What criteria do Broker Dealers use to avoid over-concentration and ensure adherence?  How does a diligence process ensure products are appropriate, and is there an “ideal alternative investments product mix?”  This session will address practical approaches to managing concentrations and allocations of alternative investments from the broker dealer, compliance and sponsor perspectives.
  Moderator: Lee Iredell, Realty Capital Securities
Panelists: Larry Lyons, Kalos Capital; Scott Rivera, Realty Capital Securities; Jim Goedke, American Portfolios; Sheri Pontolillo, E&O Professional Risk Management & Insurance Services
10:30-11:00 am Exhibitor Showcase and Break
11:00-11:55 am Arbitration Trends and Updates
  Hear from executive management of FINRA Dispute Resolution along with practicing attorneys and experts on trends in arbitration and the arbitration process.  Specific topics will include an overview and statistics regarding FINRA’s dispute resolution program, trends in arbitration decisions, composition of arbitration panels, concurrent investigations and referrals, attempts at cost savings and other “hot button” topics in financial industry dispute resolution.  
  Moderator: Kevin Hull, Robert A. Stanger & Co.
Panelists: Linda Fienberg, President, FINRA Dispute Resolution & Chief Hearing Officer; Brandon Reif, Winget Spadafora & Schwartzberg
12:00-12:15 pm Closing Remarks
  Mike Bendix, DFPG Investments, Due Diligence Forum Leader