In Focus: Board Oversight of Securities Lending
The Forum's In Focus series is a virtual roundtable series for fund directors and CCOs. During these one-hour virtual meetings, guest experts will join us to present and then take questions and comments from directors and CCOs. These discussions are designed to be more interactive than a typical webinar, and are offered free of charge to all current fund independent directors and CCOs.
This session will focus on board oversight of securities lending with Marney McCabe, Co-head of Global Securities Lending at Brown Brothers Harriman (BBH), and Garrett Berkery, Head of Risk Management for Global Securities Lending at BBH. Marney and Garrett will:
- Provide a securities lending overview
- Address key roles and responsibilities, including those of directors and CCOs, and key questions you should be asking your fund management team
- Discuss the benefits and costs to the funds, impact on shareholder value
- Tackle myths and misconceptions about securities lending, including with respect to the recent Gamestop issue, short selling concerns, and how boards can work to help ensure the right risk/reward balance for their funds
This meeting will be on Zoom on Tuesday, May 4, 2021 from 2 pm to 3 pm (ET).