Current SEC staff members will discuss cross border and related issues affecting investment advisers registered and to be registered under the Investment Advisers Act of 1940 in light of the Dodd-Frank legislation. Panelists from the Division of Investment Management, the Office of Compliance Inspections and Examinations, and the Division of Enforcement will address the new private fund registration regime, implications for registered and unregistered advisory affiliates (so-called “Unibanco” issues), issues arising in examinations of investment advisers, and enforcement issues.
Sara P. Crovitz is a Branch Chief in the Office of Chief Counsel in the Investment Management Division of the Securities and Exchange Commission. Ms. Crovitz, who joined the Commission in 1995, previously served in a variety of positions in the Division of Investment Management's Office of Chief Counsel and Office of Investment Company Regulation as well as in the Office of General Counsel. Ms. Crovitz received her A.B. and J.D. cum laude from the University of Chicago.
Mr. di Florio became the Director of the Office of Compliance Inspections and Examinations on January 25, 2010. Prior to joining the Commission, Mr. di Florio was a partner in the Financial Services Regulatory Practice at PricewaterhouseCoopers (PwC). While in private practice, Mr. di Florio was one of PwC's national leaders in corporate governance, enterprise risk management (ERM) and regulatory compliance and ethics. Mr. di Florio has played a leading role in setting new industry standards, including the COSO Enterprise Risk Management standard and the Open Compliance and Ethics Guidelines (OCEG). He has extensive experience assessing the effectiveness of regulatory compliance, risk management and corporate governance programs. He has also led numerous fraud and corruption investigations nationally and internationally. Mr. di Florio received his Master of Laws (LL.M) with distinction from Georgetown University Law Center, his Juris Doctor (JD) from Penn State University's Dickinson School of Law, and his Bachelor of Arts (BA) in Political Economy from Tulane University.
Robert B. Kaplan is the Co-Chief of the Asset Management Unit of the SEC's Division of Enforcement. Prior to his appointment to the AMU in January 2010, Robert served for six years as an Assistant Director in the Division of Enforcement. From 1998-2004, he served as an Assistant Chief Litigation Counsel for the Division, where he litigated SEC enforcement actions in District Court and administrative proceedings. From 1995 to 1998, Robert spent three years as a staff attorney in the Division of Enforcement. Prior to joining the Commission, he worked in private practice for a law firm in New York City. Robert received his law degree from the New York University School of Law and his undergraduate degree from Columbia College, Columbia University.
This Luncheon Program is sponsored by the International Securities Law Committee of the Corporation, Finance and Securities Law Section and in cosponsorship with the Administrative Law and Agency Practice Section, the International Law Section and the Taxation Section.
D.C. Bar Conference Center
1101 K Street, NW, Conference Center
Washington DC 20005
- Sections Office 202-626-3463
- Robin Bergen, Partner, Cleary Gottlieb Steen & Hamilton LLP (Moderator)
- Sara Crovitz, Branch Chief, Division of Investment Management, SEC
- Carlo di Florio, Director, OCIE, SEC
- Robert Kaplan, Co-Chief, Asset Management Unit, Enforcement Division, SEC
- CLE Credit
Administrative Law and Agency Practice Section $10.00
Corporation, Finance and Securities Law Section $10.00
Government, Nonprofit Employees $0.00
International Law Section $10.00
Non-Section Members $15.00
Taxation Section $10.00