On Thursday, September 16, 2010, at 2:00PM EDT, K&L Gates LLP will present a webinar on the politics of rule making under the Dodd-Frank Act.  The sweeping scope of the financial reform bill leaves scores of significant issues and thousands of details to the regulators.  The rulemaking process will be extensive and rapid, with the regulators responsive to Congressional informal oversight and direction. This webinar will examine: 

• To what extent will investment companies or their managers be considered companies "predominately engaged in financial activities" falling within the scope of Financial Stability Oversight Council (FORC) regulations that are to be designed to "identify risks to the financial stability of the U.S.," "promote market discipline" and "respond to emerging threats to the stability of the U.S. financial system" 
• What investor protection regulations will be considered by the new Investor Advisory Committee to be established within the SEC to advise and consult on investor protection, the effectiveness of disclosure and related issues? 
• What will be the prohibitions on sponsoring or investing in private funds under the Volcker Rule? 
• What is a "major swap participant" or a "major security-based swap participant," what constitutes a "substantial position" in swaps that could have systemic implications, and what positions will be deemed to constitute hedging or mitigating of "commercial risk," which will be excluded from computation of a substantial position? 
• What is a qualified residential mortgage loan under the risk retention rules?
• How will the Bureau of Consumer Financial Protection define "unfair"?

Speakers will include:

• Bruce J. Heiman, Partner, Washington, D.C.
• Daniel F. C. Crowley, Partner, Washington, D.C.
• William A. Kirk, Partner, Washington, D.C.
• Karishma Shah Page, Associate, Washington, D.C.

This webinar is presented free of charge.  To register visit:  http://www.klgates.com/events/Registration.aspx?event=2377

Registration will close at 5:00PM EDT on September 14.