Program


Wednesday, June 11

11:30 a.m.–12:00 p.m.

  • Lunch Available

12:00–12:30 p.m.

  • Introductions, Objectives, and Course Overview 

12:30–2:00 p.m.

  • Mutual Funds and the Fund Industry 
  • Guiding Principles for Director Oversight 
  • Statutory, Regulatory, and General Oversight Responsibilities

2:00–2:30 p.m. 

  • Break

2:30–4:00 p.m.  

  • Oversight of Investment Management and Performance

4:00–4:30 p.m.  

  • Oversight of Fair Valuation and Liquidity

4:30–5:00 p.m.

  • Wrap-Up Discussion

6:00–9:00 p.m.

  • Dinner, Bobby Van’s Steakhouse (809 15th Street, NW)

Thursday, June 12

7:30–8:00 a.m.

  • Breakfast Available

8:00–8:05 a.m.

  • Welcome Back: Level-Setting for the Day 

8:05–8:10 a.m.

  • Distribution
  • The 15(c) Process

10:00–10:30 a.m.

  • Break

10:30–11:00 a.m.

  • Oversight of Risk Management

11:00–11:30 a.m.

  • Don Auerbach, ICI Chief Operating Officer 

11:30 a.m.–12:25 p.m.

  • Oversight of Compliance                                                                                                                                                  

12:25-1:00 p.m.

  • Wrap-Up Discussion and Conclusion