MIFID II – GLOBAL GAME CHANGER

With less than two months until MiFID II goes live many firms are asking themselves, ” Will this impact me and what should I be doing?” The original MiFID (Markets in Financial Instruments Directive) impacted UK and European firms, primarily on the sell side.  MiFID II, however, not only impacts the buy side, but it casts a wide net that catches any firm servicing clients in the Eurozone or marketing products there.   The effort involved in the new reporting requirements varies with the US Asset Manager’s involvement in the Eurozone, but unless your firm is US domestic only, you are likely to be affected. Join our experts for this 45-minute session as we cover this and more.

Highlights include:

• To what extent will global firms’ activities be in-scope and affected by MiFID II’s reporting requirements?
• How can firms ensure consistency of data and reporting across their activities across different geographies, jurisdictions, and regulatory regimes?
• What aspects of MiFID II’s investor protection rules must data professionals be aware of and working towards compliance with?

Our Experts:

Mark Rubin              

During the past 13 years he served as CTO and a member of the operating committee for Trilogy Global Advisors managing a 10-person staff with a $2 million annual budget. He previously spent some years at Fidelity Investments in Boston and grew a multi-million-dollar consulting firm, working in the financial vertical, until the early 2000’s. Mr. Rubin has a BS and MS in Aeronautical Engineering at Rensselaer Polytechnic Institute in Troy, NY. Today he  is the Chief Executive and Founder, of Global Commission Systems LLC, Mr. Rubin has extensive experience developing, implementing and managing all aspects of technology for financial services firms.  

Craig Peretz

Mr. Peretz is the CFO, COO  and CCO to Sierra Global Management LLC. Mr. Peretz is responsible for the non-portfolio management side of the business at Sierra, including operations and risk monitoring. Mr. Peretz joined Sierra in 1998 from International Fund Administration (1995-1998), where he was in charge of client administrative operations, financial review/preparation and investor/manager relations. Mr. Peretz worked in the corporate finance and investment recovery divisions of Equitable and Alliance Capital Management for seven years (1988-1995), also serving as a member of Equitable’s demutualization team. Mr. Peretz completed his undergraduate studies at Alfred University in 1988 and received his MBA from The Stern School of Business at New York University in 1993.