KC's Sweeping Changes to the Credit Rating Provisions of the Investment Company Act Live Webcast

May 25, 2011 - PRLog -- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled “Sweeping Changes to the Credit Rating Provisions of the Investment Company Act.” This two-hour event is scheduled on June 16, 2011 at 12:00 PM - 2:00 PM ET.

In the first quarter of 2011, the SEC has proposed to remove references to credit ratings from nationally recognized statistical rating agencies (NRSROs).The proposal calls for the amendments of certain rules and forms under the Investment Company Act. This proposal, if approved, will no doubt change the approach of the financial industry with regard to securities, credit quality standards and other issues related to credit ratings.

The proposal to revise the guidelines governing credit ratings and investments will make structured finance especially challenging. In this live webcast, a panel of thought leaders and key regulators organized by The Knowledge Group will provide an overview to help you understand the most critical elements of the proposal and its potential effects on companies’ investment practices.

Speakers/Faculty Panel

Stephen Keen, Counsel, ReedSmith LLP
Jesse Kanach, Of Counsel, Shearman and Sterling LLP

For an updated list of the faculty panel, please visit:  
http://knowledgecongress.org/event_2011_Credit_Ratings.html

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org.