2019 ETF Think Tank New York Wednesday, September 18, 2019 8:309:00 - - PDF document

Wednesday, September 18, 2019 8:30 – 5:30 p.m. (All times Eastern Standard Time)

2019 ETF Think Tank New York

Wednesday, September 18, 2019 8:30—9:00 Registration 09:00—09:05 Welcoming Remarks Presented by Stacy Fuller (K&L Gates LLP) 09:05—10:00 Session I: Crash Course in Launching an ETF Moderated by Derek Steingarten (K&L Gates LLP) This session will include:

• Outline of ETF Rule
• Series or Proprietary Trust
• Expenses & Timeline
• How Seeding Works
• Listing Developments
• Distribution (Marketing to Millenials)

10:00—10:15 Networking Break 10:15—11:15 Session II: Trends in ETF Investing Moderated by Peter Shea (K&L Gates LLP) This session will include:

• ESG Investing
• Cannabis
• Volatility and Wealth Management
• New Fixed Income Trends
• Canadian Market Developments
• Cryptocurrency

11:15–-11:30 Networking Break

Wednesday, September 26, 2018 8:30 – 6:30 p.m. (All times Eastern Standard Time)

11:30—12:15 Session III: ETF Conversions Moderated by Stacy Fuller (K&L Gates LLP) and Peter Shea (K&L Gates LLP) This session will include:

• Types of Accounts that can Be Converted
• Board Considerations
• Affiliated Reorganizations
• Management
• Shareholder Vote Required?
• Tax Considerations
• Practical Considerations
• Capacity Constraints
• Fractional Shares
• Brokerage Account Requirement
• Multiple Share Classes
• What to Do with R Shares
• How to Deal with Trail Commissions
• Listing Standards
• Porting Performance
• Transparency of Portfolio & Reverse Engineering

12:15—01:15 Lunch 01:15—01:45 Session IV: Transitioning to ETF Rule Moderated by Stacy Fuller (K&L Gates LLP) This session will include:

• Custom Baskets & “Heartbeat Trades”
• Custom Basket compliance policy development
• Liquidity – How ETFs are factoring in the relationship between portfolio holdings

and the arbitrage mechanism

Wednesday, September 26, 2018 8:30 – 6:30 p.m. (All times Eastern Standard Time)

01:45—03:00 Session V: Non-Transparent & Active ETF Opportunities Moderated by Peter Shea (K&L Gates LLP) This session will include:

• Assessing the non-transparent opportunities
• Precidian ActiveShares;
• NYSE – Natixis;
• T. Rowe Price;
• Fidelity;
• Others.
• Special infrastructure needs.
• Strategies available now & The Future

03:00—03:15 Networking Break 03:15—04:30 Session VI: ETFs are Global Moderated by Richard Kerr (K&L Gates LLP) This session will include:

• Issues to be considered before entering into a foreign market
• Distribution channels available to US ETFs in foreign markets
• The benefits of cross-listing in other markets, including Mexico, China, Japan, and

Netherlands

• The differences between the US market and the market structure in Europe and

Asia

• Pitfalls and lessons learned from successes and failures in foreign markets

04:30—05:30 Cocktail Reception