08:00    Registration and Breakfast

09:00    Chairperson's Opening Remarks: The Year in Securities Lending
                 Prof. James Angel, Georgetown Univ. McDonough School of Business

09:15    Opening Roundtable: Securities Lending Challenges, Market Data and Transparency
                 Susanne Trimbath, PhD, CEO and Chief Economist, STP Advisory Services (Mod)
                 William Morgan, Director, UBS
                 Carl Koerner, Counsel, White and Williams LLP
                 Steve Hovagimyan, CAO & Founder, Confluence Venture Partners, Portware LLC

10:00    Search Costs in Securities Lending
            Prof. Adam Reed, University of North Carolina at Chapel Hill

10:45    Refreshment Break

11:15    Securities Lending and Corporate Governance
                 Susanne Trimbath, PhD, CEO and Chief Economist, STP Advisory Services LLC
                 Dr. Andrew Clearfield, President, Investment Initiatives LLC         

11:45    Brakes on Short Selling: Reg SHO, Emergency Orders and ???
                 Ron Pasternak, Executive Vice President, Hudson Securities
                 James Angel, Associate Prof of Finance, Georgetown Univ. McDonough School of Business
                 John Tabacco, CEO, LocateStock.com
                 Omer Oztan, Sr. Vice President, Counsel, Citigroup Global Markets Inc.

12:30    Regulatory Roundup
                 D. Roger Glenn, Edwards Angell Palmer & Dodge, LLP

01:00    Luncheon

02:00    Organized Markets and Securities Lending
                 Mark Bailey, Managing Director in Global Markets, Financing and Services, Merrill Lynch
                 David Downey, CEO, OneChicago 

  2:30    Technology Perspective: Geo-Risk Analysis Applied to Underlying Assets
                 Michael Overturf, Pitney Bowes

03:15    Refreshment Break

03:30    Securities Finance in Emerging Markets
                 Andrew Waterman, CEO, Emerginvest

04:15    Conference Adjourns