The capital marketplace is truly global, and MFA’s outreach extends well beyond the U.S. borders:

2008

• MFA Legal Counsel Carl Kennedy spoke at The Federation of Indian Chamber of Commerce and Industry’s Fifth Annual Conference on Capital Markets in Mumbai, India entitled -- “Indian Capital Markets: Ahead of the Curve.”

2007

• MFA submitted a response letter to the U.K. Hedge Fund Working Group on its Consultation Paper.
• MFA co-sponsored its first symposium in Tokyo with Pillsbury Winthrop Shaw Pittman and welcomed nearly 100 representatives from all segments of the hedge fund community of Japan and other parts of Asia.
• MFA President John G. Gaine spoke at the International Organization of Securities Commissions (IOSCO) Technical Committee Conference in Tokyo in November 2007.
• Mr. Gaine participated in the IOSCO Annual Conference in April 2007 in Mumbai to discuss counterparty risk and valuation issues.
• MFA worked with officials from the Indian Ministry of Finance, Securities and Exchange Board of India and U.S. officials working in India, to encourage easier access to the Indian markets for hedge fund managers.
• MFA reviewed IOSCO’s publication of draft valuation principles for hedge funds and provided comments to this document.

• MFA submitted comments to IOSCO’s preliminary draft Consultation Report on Funds of Hedge Funds and arranged for U.S. registered funds of hedge funds to deliver presentations before members of IOSCO’s Technical Committee on U.S. regulation and answer questions.

• MFA has met with officials from the Ontario Securities Commission and provided comments on Canada’s proposed registration rule.
• MFA is examining the impact of the European Markets in Financial Investments Directive (MiFID) on the hedge fund industry.
• MFA met with the Group of Seven (G7) to discuss the benefits hedge funds provide to the global capital marketplace.