Financial Services Basics
August 28 & 29, 2013
This program is approved for ten CLE credits in Pennsylvania. Pennsylvania credits are accepted by New York. Attendees from other jurisdictions should contact us at email@example.com for information.
This seminar is a two-day primer on the United States financial services industry—its products, participants and role in the economy—and will give attendees an overview of this dynamic sector. The seminar will discuss financial services through its main component industries: banking, securities and insurance. Basic concepts in corporate law, accounting and finance will also be covered.
The financial services industry and its role in the economy will be discussed through:
The operation and regulation of the banking system, including the role of the Federal Reserve System in the economy, will be discussed in the Money and Markets lectures. The lectures will also cover the role of capital in the economy and how it is raised.
The issuance and trading of stocks and bonds will be discussed in the Capital Markets lecture while pooled funds (such as mutual funds, hedge funds and index traded funds), futures, options, derivatives and private equity will be discussed in the Investment Vehicles lecture. Their operation and the role of market participants will be analyzed.
This lecture will consider the relationship of the insurance industry and its products to the banking and securities industries. Life, property and casualty insurance products as well as the operation of the insurance industry and its distribution systems will be examined. Key concepts such as reinsurance, cross-border insurance and select topics such as universal health insurance will also be explored.