ITG Sponsors Conference on Transaction Costs
May 13 2004 - 8:00AM
PR Newswire (US)
ITG Sponsors Conference on Transaction Costs Industry Leaders to
Discuss SEC Concept Release and Regulation NMS NEW YORK, May 13
/PRNewswire-FirstCall/ -- On Tuesday, May 25, 2004, ITG will
assemble an esteemed group of industry leaders to discuss proposed
market structure changes and best execution practices. The
conference will address the implications of the Securities and
Exchange Commission's Concept Release on Measures to Improve
Disclosure of Mutual Fund Transaction Costs and the cost disclosure
aspects of Regulation NMS. "The current regulatory environment is
destined for change. Consequently, any efforts to redefine and
clarify best execution need thorough evaluation," stated Peter
Jenkins, Managing Director of Deutsche Bank Asset Management. "It
is essential to understand the possible implications of change and
take steps for the transition." This forum will be held in New York
City and will provide a venue for attendees to acquire valuable
insights and experience from investment managers, independent
auditors and academics. The agenda will cover an overview of the
regulatory issues, independent auditors' viewpoints, practitioners'
experiences and a panel discussion. Scheduled presenters and
panelists will include: Ted Aronson, Managing Principal, Aronson +
Johnson + Ortiz, LP, David Depew, Senior Vice President, Putnam
Investment Management, Inc., Ian Domowitz, Managing Director, ITG
Inc., Anthony S. Evangelista, Partner, PricewaterhouseCoopers LLP,
Peter Jenkins, Managing Director, Deutsche Bank Asset Management,
Sean McKee, Partner, KPMG, Andre Owens, Partner, Wilmer, Cutler,
and Pickering, Erik Sirri, Walter H. Carpenter Professor of
Finance, Babson College, and William Sullivan, Managing Director,
Putnam Investment Management, Inc. About ITG ITG is headquartered
in New York with offices in Boston, Los Angeles, Dublin, Hong Kong,
London, Melbourne, Sydney, Tel Aviv and Toronto. As a leading
provider of technology-based equity-trading services and
transaction research to institutional investors and brokers, ITG's
services help clients to access liquidity, execute trades more
efficiently, and make better trading decisions. ITG generates
superior trading results for its clients through three lines of
business. POSIT(R), the world's largest equity matching system,
allows clients to trade confidentially. The Electronic Trading Desk
is recognized as one of the leading program trading operations in
the U.S. ITG's leading-edge Client-Site Trading Products allow
users to implement their own trading strategies by providing direct
electronic access to most sources of market liquidity. For
additional information, visit http://www.itginc.com/. Contact: Liz
Sendewicz (212) 444 - 6130 DATASOURCE: ITG CONTACT: Liz Sendewicz
of ITG, +1-212-444-6130 Web site: http://www.itginc.com/
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