This teleconference is designed as a primer regarding exchange-traded funds.

Topics Will Include:

• The distinctions between mutual funds and ETFs
• How ETFs are created and how they trade
• The regulatory infrastructure governing ETFs
• The registration and listing process
• Recent changes regarding the use of derivatives in ETFs
• Information about other types of exchange-traded pools and notes

Speakers:

• Jay G. Baris, Morrison & Foerster, LLP
• Kelley A. Howes, Morrison & Foerster, LLP
• Lauren C. Mullen, Assistant General Counsel, Equities Legal, Bank of America Merrill Lynch

New York CLE Credit
Morrison & Foerster LLP has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education in the State of New York.

This continuing legal education program has been approved in accordance with the requirements of the Continuing Legal Education Board for a maximum of 1.0 credit hours, of which 1.0 credit hours can be applied toward the Professional Practice requirement.

California CLE
Credit Morrison & Foerster LLP (Provider #2183) certifies that this activity has been approved for MCLE credit by the State of California in the amount of 1 hour.