Exploring the Latest Regulatory Developments and Finding a Global Solution in a Global Marketplace

Co-Sponsored by MFA & Pillsbury Winthrop Shaw Pittman LLP

Tuesday, November 13, 2007
2:00 - 5:00p.m.
Followed by a Cocktail Reception
(Registration will begin at 1:30p.m.)

Tokyo Station Conference - Tokyo

The symposium will present:

• Update on FIEL in Japan and other Asian regulatory developments
• An overview of U.S. regulatory developments in the industry
• What impact these developments in Japan, Asia and the U.S. will have on Japanese and Asian managers
• A discussion of how to seek a globally cooperative solution in the industry and how to establish the highest standards from within the industry
• Rules affecting Asian fund managers when offering in the U.S.
• U.S. private placement rules
• Risks associated with participating in U.S. roadshow organized by U.S. prime brokers
• How far SEC/NASD regulation can reach
• Restrictions on marketing activities by offshore managers in the U.S.

The speakers will include:

• Ms. Philippa Allen, CEO
  ComplianceAsia Consulting
• Mr. Jack E. Bird, Partner
  PricewaterhouseCoopers
• Mr. John G. Gaine, President
  Managed Funds Association
• Mr. Jay B. Gould, Partner
  Pillsbury Winthrop Shaw Pittman LLP
• Mr. Brian Hafner, Managing Member
  Japan Advisory, LLC
• Mr. Andrew Hill, Director Prime Brokerage
  Nikko Citigroup Limited
• Mr. William R. Huss, Partner
  Pillsbury Winthrop Shaw Pittman LLP
• Mr. Shinichiro Shiraki, President
  Asuka Asset Management Limited
• Mr. Eric Vincent, Chairman, Managed Funds Association;
  President, Ospraie Management, LLC
• Special Update on FIEL by
  Yukinori Machida, Counsel
  Pillsbury Winthrop Shaw Pittman

Additional Speakers To Be Announced

Please e-mail noriko.ishigaki@pillsburylaw.com to register for this seminar.