Topic Overview

Our fall program season will kick off in Newark on September 26th with a high level panel discussion for directors and senior executives who have questions or concerns about the changing stock exchange landscape. The panel will look to cover as many of the topics below as time allows, but attendees should expect a highly interactive discussion that focuses on the areas that the audience indicates are of the most concern to them, their companies, investors and fellow board members.

• Reg NMs – How has this new regulatory initiative changed the trading environment? What does it mean for investors? What is MIFD and how will this European initiative further impact trading on a global level?


• Sarbanes Oxley – Lessons have been learned, changes have been proposed. What can companies do to focus on good governance and best practices learned by companies to be compliant and lower costs?


• Options Expensing – There have been profound impacts related to options expensing from equity research differences to potential impacts on attracting talent. What does a board need to understand about how options expensing impacts their role?


• Equity & derivative convergence – Exchanges worldwide have begun to consolidate and it isn’t just equity exchanges with other equity exchanges.


• Move to electronic platforms – Today nearly all exchanges run their trading platform through some level of electronic mechanism. Virtual trading worlds bring benefit and challenge to a public company.


• Private Equity – Why be public? Many companies are going private and private equity is playing a large role in the capital markets today. What does this mean from a governance perspective?


• Broad access of retail investors to the marketplace – The onset of electronic trading has helped to bring individual investors more broadly into the market. How do the leaders of today’s public companies need to address this growing constituency?


• Consolidation among exchanges – What does it mean for a public company as exchanges consolidate both domestically and internationally? How do board members and executives manage a company that has the potential to trade across borders in a seamless fashion?

Guest Speakers

Patrick Healy, President, Issuer Advisory Group

Robert McCooey, Sr. Vice President, New Listings, The NASDAQ Stock Market

Adam Ross, Head, Directors’ Desk, The NASDAQ Stock Market