Thursday, October 8 National Fixed Income Conference The Ritz-Carlton Hotel Denver, CO October 8 & 9, 2015 8:00am Registration Desk and Exhibits Open 11:30am Opening Lunch 12:25pm Welcoming Remarks Steve Genyk Head of Fixed Income Capital Markets Janney Montgomery Scott 2015 BDA Board Chairman 12:30 1:15pm The Road Ahead for the Middle-Market Securities Firm The current and future state of the middle-market and regional securities firm given an onslaught of federal regulation, shifting market dynamics and business conditions. Warren Stephens, CEO of Stephens Inc. will keynote remarks and then join Hutchinson, Shockey, Erley CEO Tom Dannenberg for a Q&A segment on the many challenges and opportunities facing America s Main Street securities firms, their clients and the industry generally. 1
Keynote: Warren A. Stephens Chairman, President & CEO Stephens Inc. Thomas E. Dannenberg President and CEO Hutchinson, Shockey, Erley & Co. 1:15 2:00pm Taxable Market Structure and the Future of Fixed Income Trading Hear MarketAxess CEO Rick McVey on today s taxable fixed income markets, all-to-all platforms and the future of trading Rick McVey Chairman & CEO MarketAxess 2:00 3:00pm The State of Regulation Today Industry regulators will discuss the highest priority regulatory initiatives, including the impact of the municipal advisor rule, best execution, the pricing reference disclosure rule proposals, and more. Speakers: Chris Melton EVP, Legal & Compliance Coastal Securities Cindy Friedlander Director, Fixed Income Regulation FINRA Robert Fippinger Chief Legal Officer MSRB Jessica Kane Director, Office of Municipal Securities SEC 3:00 3:30pm Networking and Refreshment Break in Exhibit Hall 2
Municipal Market Concurrent Session 3:30pm 4:15pm Speakers: Market Conditions, Regulation, and Challenges Facing the Issuer Community Issuers and industry participants discuss the current regulatory and enforcement environment and its impact on issuers. Dan Deaton Partner Nixon Peabody B. Jonas Biery Debt Manager City of Portland, Oregon Guy Yandel EVP and Head of Municipal Finance George K. Baum Mike Shannon Debt Manager City of Aurora, Colorado Tom Metzold MD, Head of Capital Markets National Public Finance Guarantee 4:15 5:00pm Municipal Credit and Market Analysis Panelists will discuss the state of municipal credit markets and will highlight the outlook and trends in municipal bond markets including a push for best execution, transparency and beyond. Matt Fabian Partner Municipal Market Analytics Suzanne Finnegan Chief Credit Officer Build America Mutual Linda Matkowski Executive Vice President, Fixed Income Capital Markets Manager City Securities Corporation 3
5:00 5:15pm Networking and Refreshment Break in Exhibit Hall 5:15 6:00pm Municipal Market Structure, Liquidity and Opportunities for Middle-Market Securities Firms Hear panelists discuss issues and concerns with regard to secondary market trading and sales including robust discussion of best execution, liquidity concerns, best practices and more Panelists: John Hallacy Assured Guaranty Mark Mesinger Vice President Charles Schwab Kevin Strom Senior, Head of Capital Markets Zeigler Capital Markets Group Taxable Market Concurrent Session 3:30-4:30pm Trends, Developments, Market Structure and the future of Trading in the Taxable Fixed Income Markets Panelists: Dan Leland, Head of Capital Markets Hilltop Holdings Securities LLC Chris White CEO ViableMkts LLC Michael Segal Tradeweb Direct Richard Schiffman Open Trading Product Manager MarketAxess 4
4:30 5:00pm Credit Market Analysis, Opportunities and Challenges Speakers: Rich Gordon Fixed Income Market Strategist Wells Fargo Securities 5:00 5:15pm Networking and Refreshment Break in Exhibit Hall 5:15 6:00pm Managing Liquidity Risk in Taxable Fixed Income Panelists: John Fechter Senior VP & Head of Taxable Fixed Income Trading Wells Fargo Advisors Rob Nash, Taxable Fixed Income Hilltop Securities Sean Ladley Wells Fargo Securities 6:00pm Cocktail Reception in Exhibit Hall Dinner on Your Own Friday, October 9 8:30 9:15am Structured Finance and Innovations in Institutional and Retail Products 9:15-9:45am Breakfast and Networking in Exhibit Hall 9:45 11:15am Dealer Breakout Roundtables Institutional and Retail 11:15 12:00pm DC Update and Outlook for Tax Reform Hear DC insiders discuss prospects for federal tax reform and the proposals specific to the municipal market 5
Speakers: Jessica Giroux and General Counsel Bond Dealers of America Chuck Samuels Partner Mintz Levin John Di Stasio President Large Public Power Council Danielle Osler Senior Advisor for Business Affairs U.S. Senator Michael F. Bennet 12:00pm Closing Remarks Mike Nicholas Chief Executive Officer Bond Dealers of America 6