Register Onl ine at www.pl i .edu or Cal l (800) 260-4PLI

Satisfy Your CLE and CPE Requirements!

40th Annual Institute on

SecuritiesRegulation

Do You Know There Are 5 Ways To Attend PLI’s Programs? See inside for details.

November 12-14, 2008New York City The New York HiltonLive Webcast — www.pli.edu

New York City The New York HiltonLive Webcast — www.pli.edu

Optional Pre-Conference Briefing:

Lessons Learned from the Market MeltdownLife After the Age of Innocence: How to Advise on Doing Business, Managing Risk, Documenting Deals and Meeting Accounting and Disclosure Obligations

November 12, 2008

Steven E. BochnerWilson Sonsini Goodrich

& RosatiPalo Alto

Stanley KellerEdwards Angell Palmer

& Dodge LLPBoston

Mary Jo WhiteDebevoise & Plimpton LLPNew York City

Co-Chairs

Chair: Alan L. Beller, Cleary Gottlieb Steen & Hamilton LLP, New York CityFormer Director, Division of Corporation Finance, Securities and Exchange Commission

Memo from the Chairs:

As a highlight to its 75th Anniversary celebration, PractisingLaw Institute is proud to present the 40th Annual Institute

on Securities Regulation. This year’s Institute builds on fourdecades of unparalleled excellence in providing the latestdevelopments along with the most anticipated annual analysis ofthe state of the law. And after a year that witnessed great turmoilin the global financial markets, there is no better place to turn for guidance. This year’s stellar faculty, which sits at the pinnacleof the profession, is dedicated to ensuring that you are preparedfor the road ahead in this multi-faceted and influential area of practice.

For the securities markets, 2008 has been momentous, and thecoming year promises more of the same as the securitiesmarkets continue to digest the ill effects of the subprime, creditand liquidity crisis that began in 2007. To put these events intoproper perspective, the Institute will begin with a keynote addressby Securities and Exchange Commission ChairmanChristopher Cox, followed by a stalwart panel discussing theCauses and Consequences of the Credit and Liquidity Crisis.

One trend that has continued in spite of recent turmoil is economicglobalization, which impacts securities regulation and transactionsboth here and abroad. In such an environment, enforcement issues,particularly those involving the Foreign Corrupt Practices Act and itsimpact on foreign operations, are assuming center stage inboardrooms across the country. Globalization has also spurredmovement toward International Financial Reporting Standards(IFRS), which pose unique challenges to U.S. corporations thathave long adhered to GAAP standards. And of course, there are amultitude of issues that continue to play out from years past,including the growing impact of activist investors and the denouementof options backdating investigations, which have recently resultedin criminal charges against former executives of several prominentcompanies. Indeed, the issues driving this year’s agenda ensurethree days of riveting and consequential presentations.

Because of the unique context of this year’s Institute, one inwhich financial institutions face continuing uncertainty, we havededicated the annual Pre-Conference Briefing to an in-depthassessment of the entire spectrum of issues raised by the crisis.

To set an important foundation, we are pleased to present thisyear’s Pre-Conference Briefing on Lessons Learned from theMarket Meltdown on the morning of Wednesday, November 12.Under the expert guidance of Chair Alan L. Beller of ClearyGottlieb Steen & Hamilton LLP and former Director of theSEC’s Division of Corporation Finance, several outstanding panelswill delve into the credit and liquidity crisis to zero in on whatlawyers need to know about risk management and how to guideclients, with particular emphasis on board and governance issues.Our panels will also offer a frank evaluation of some surprisinglessons the meltdown has taught everyone about accounting,including the writedown process, fair valuation of financial assets,the return of the off-balance-sheet entity and the role of gooddisclosure in the face of bad accounting. With this background,the program will focus on the road forward and how lawyersshould approach dealmaking in a post-credit crunch world.

This year’s Institute faculty represents the best that private practice,investment banks and accounting firms, as well as the SEC, DOJ,PCAOB and other regulators, have to offer. All are eager to sharetheir unique insights and expertise with you.

We invite you to join us in November for the preeminentsecurities law conference, PLI’s Annual Institute on SecuritiesRegulation. The 40th such presentation promises to be one forthe ages. But if you cannot attend in person, PLI will live Webcastboth the Pre-Conference Briefing and the Institute at www.pli.edu. Web attendees may choose between streaming audio or video andwill have access to the downloadable, electronic version of thecorresponding Course Handbook.

If you’d like to broadcast the Pre-Conference Briefing and Institutedirectly to your firm for group viewing, send an e-mail to theGroupcasts Department at groupcasts@pli.edu to make thearrangements.

We believe the 40th Annual Institute on Securities Regulationwill be the most comprehensive securities conference available to you. And we are pleased to partner with PLI to provide youwith the best content and strategies for making your practiceeverything it can be in the service of your clients. We look forwardto seeing you in November.

Steven E. BochnerWilson Sonsini Goodrich & RosatiPalo Alto

Stanley KellerEdwards Angell Palmer & Dodge LLPBoston

Mary Jo WhiteDebevoise & Plimpton LLPNew York City

2

3

9:00

Introductory Remarks – Setting the StageAlan L. Beller

9:15

What Lawyers Need to Know About Risk Management• The risk landscape: credit, market (price and liquidity), legal, and compliance• The lawyers role in risk assessment and management• Evaluating risk in the transactional context• Board and governance issues in risk management

- What boards need to know about risk- What are lawyers’ responsibilities- Diligence and controls

Amy Woods BrinkleyScott L. FloodMartin LiptonWilliam Schlich

10:15

The Good, the Bad and the Ugly – What theMeltdown Has Taught Us About Accounting• Of writedowns and revenues• Fair value – benefit or bane?• Held for sale, available for sale, held to maturity – what’s in a name?• “Frozen” markets and accounting – what is a distressed market?• Out through the back door, in through the out door – the off-balance-sheet

story, including QSPEs and VIEs• The role of good disclosure, even when the accounting is bad, including

MD&A critical accounting policiesJames L. Kroeker Sarah E. SmithCarol A. StaceyMichael R. Young

11:15 Break

11:30

Now That We’ve Eaten the Subprime Apple, WillWe Ever Look at Deals the Same Way Again? • Putting it into context – M&A, private equity, loans and securities offerings• Considering risks in advising on transactions• Drafting and interpreting agreements

- MAC clauses- Financing and closing conditions- Best efforts provisions- Remedies, liquidated damages - Back-stop guarantees

• Aligning multiple agreements• Who can enforce, and against whom?• Impact on capital markets transactionsCraig T. BeazerRobert A. KindlerC. Allen ParkerDavid J. Sorkin

12:30 Lunch (Box Lunch Provided)

1:00

Disclosure, Regulatory and Enforcement Issues• Setting the context – registrants, transactions, and products• The genius and the dark side of securitization and asset-backed securities• To what degree was bad disclosure part of the problem? How? Disclosure

obligations associated with deal uncertainty and risk; SEC’s 21(a) Titan report• The role of the credit rating agencies and the possible responses• Regulatory responses – FAS 140 letter, Corporation Finance “group” comment

letters on off-balance-sheet exposure and fair value disclosure• Enforcement activities• Litigation – securities class actions, derivative claims• Possible regulatory changesPaula DubberlyJohn J. HuberDavid G. NasonAudrey Strauss

2:00 Adjourn

Program Schedule Please plan to arrive with enough time to register before the briefing begins. A continental breakfast will be available upon your arrival.

Optional Pre-Conference Briefing:

Lessons Learned from the Market MeltdownLife After the Age of Innocence: How to Advise on Doing Business, ManagingRisk, Documenting Deals and Meeting Accounting and Disclosure Obligations

New York City The New York HiltonLive Webcast — www.pli.edu

November 12, 2008

In the wake of the continuing credit market and liquidity crisis, this year’s Pre-Conference Briefing will take an important look at where we are, what we’ve learned, and how we can navigate these challenging and sometimes uncharted waters. Chair Alan L. Beller ofCleary Gottlieb Steen & Hamilton LLP, and former Director of the SEC’s Division of Corporation Finance, brings together apreeminent group of banking, regulatory, accounting, in-house, and private practitioner experts to examine what lawyers and boardsmust know about risk evaluation and management, accounting and disclosure obligations, and dealmaking in a post-subprime crisisworld. This briefing will provide you with real-world strategies and tools that you can use in the current market environment, andwill serve as a primer for the next two and a half days of the Institute.

40th Annual Institute on Securities Regulation

Program Attorney: Laura R. Shields

FACULTY

4

Pre-Conference BriefingChair:

Co-Chairs:

Steven E. BochnerWilson Sonsini Goodrich & RosatiPalo Alto

Stanley KellerEdwards Angell Palmer & Dodge LLPBoston

Mary Jo WhiteDebevoise & Plimpton LLPNew York City

Alan L. BellerCleary Gottlieb Steen & Hamilton LLPNew York CityFormer Director, Division of Corporation FinanceSecurities and Exchange Commission

Craig T. BeazerVice President, General Counsel & SecretaryGE Capital CorporationFairfield, Connecticut

Amy Woods Brinkley Global Risk ExecutiveBank of America CorporationCharlotte, North Carolina

Paula DubberlyAssociate Director, Legal Division of Corporation FinanceSecurities and Exchange CommissionWashington, D.C.

Scott L. FloodManaging Director and Senior Deputy

General CounselCiti Global Markets and BankingNew York City

John J. HuberLatham & Watkins LLPWashington, D.C.

Robert A. KindlerVice Chairman Morgan Stanley New York City

James L. KroekerDeputy Chief AccountantOffice of the Chief AccountantSecurities and Exchange Commission Washington, D.C.

Martin LiptonWachtell, Lipton, Rosen & KatzNew York City

David G. NasonAssistant Secretary for Financial InstitutionsDepartment of the TreasuryWashington, D.C.

C. Allen ParkerCravath, Swaine & Moore LLPNew York City

William SchlichGlobal Banking and Capital Markets

Practice LeaderErnst & Young LLPNew York City

Sarah E. SmithController and Chief Accounting OfficerGoldman, Sachs & Co.New York City

David J. SorkinMember and General CounselKohlberg Kravis Roberts & Co. L.P.New York City

Carol A. StaceyVice PresidentThe SEC Institute Inc.MiamiFormer Chief Accountant, Division of

Corporation FinanceSecurities and Exchange Commission

Audrey StraussFried, Frank, Harris, Shriver & Jacobson LLPNew York City

Michael R. YoungWillkie Farr & Gallagher LLPNew York City

5

40th Annual Institute on

Securities Regulation

Given the many implications of the credit market and liquidity crisis and its fallout, the 40th Annual Institute on Securities Regulation ismore important than ever before. To face these issues head-on, Co-Chairs Steven E. Bochner of Wilson Sonsini Goodrich &Rosati, Stanley Keller of Edwards Angell Palmer & Dodge LLP, and Mary Jo White of Debevoise & Plimpton LLP haveassembled a faculty of leaders in the field – from the private bar, corporate law departments, investment banks, the judiciary,accounting firms, academia, and the government. This stellar faculty will provide you with important information and practicalstrategies and solutions for the issues facing you and your clients in today’s challenging regulatory environment.

Following the morning’s Pre-Conference Briefing, led by Alan L. Beller of Cleary Gottlieb Steen & Hamilton LLP and formerDirector of the SEC’s Division of Corporation Finance, on Lessons Learned from the Market Meltdown, we will kick off Day One of the Institute. Setting the stage for the subsequent discussions will be a Keynote Address by Securities and ExchangeCommission Chairman Christopher Cox. A panel discussion on the Causes and Consequences of the Credit and LiquidityCrisis will follow, with perspectives from the private bar, investors and the Federal Reserve Bank of New York. We will then turn to anexamination of issues related to advising boards of directors, including increasingly important risk assessment and management issues.

On Day Two, we will begin with an update from John W. White, Director, Division of Corporation Finance, and DeputyDirectors Shelley E. Parratt and Brian V. Breheny reviewing the Division’s current initiatives and staff priorities for the year ahead.The remainder of the morning will be devoted to an examination of private finance developments and the public offering process,leading up to the annual SEC Q&A Picnic Lunch with John W. White and Division of Corporation Finance staff. In theafternoon, we will turn to the regulatory enforcement and securities litigation environment, with sessions designed to equip the businesslawyer with an understanding of the key areas of focus in SEC and U.S. Department of Justice enforcement, actions by state attorneysgeneral, and private litigation.

On Day Three, the Institute will commence with a special General Counsel panel covering the most important issues on the mindsof top lawyers at leading corporations. We will also examine emerging trends and best practices in corporate governance, including alook at practical ways to handle difficult disclosure issues in the current environment. An expert ethics panel will present a series ofhypothetical situations and offer solutions to some of the most challenging problems you face every day. In the afternoon, we willreview accounting and auditing issues, including a discussion of expected recommendations arising out of the SEC AdvisoryCommittee on Improvements to Financial Reporting, and what lawyers need to know about IFRS and XBRL. The afternoon willclose with a discussion of the continuing internationalization of the securities markets and how this trend is impacting practitioners,and a look at M&A in today’s difficult economic climate.

At the conclusion of each panel you will receive a list summarizing best practices that you can bring back to the officeand use in guiding your clients.

November 12-14, 2008New York City The New York HiltonLive Webcast — www.pli.edu

6

DAY ONE Wednesday, November 12, 2008, 2:30 p.m. – 5:00 p.m.

P r o g r a m S c h e d u l e

2:30

Keynote Address The Honorable Christopher CoxChairmanSecurities and Exchange Commission

3:00

The Current Market Environment: Causes & Consequences • The state of the markets• Impact of the credit crisis on financial institutions, rating agencies and other

market participants• Impact on the practice of law• Regulatory reform proposalsAlan L. Beller (Moderator)Thomas C. Baxter, Jr. Simon M. LorneJohn F. OlsonRichard J. Sandler

4:00

Advising the Board of Directors in the Current Environment • Outlook for the 2009 proxy season • The activist agenda• The evolution of defensive measures• Risk management and board oversight• Who owns your stock, who is voting your stock, and who is trading your stock?Thomas A. Cole (Moderator)Ralph C. FerraraAmy L. GoodmanPatrick S. McGurnDamon Silvers

5:00 Adjourn

PLI’s Guarantee

It’s simple. If you’re not completely satisfied withthe return on your investment from any PLIprogram, your money will be refunded in full.

“As securities, governance and finance counsel for a largecorporation, the PLI Securities Law Institute is theone conference I attend every year. It provides mewith the most up-to-date information about the issuesthat matter most to me and my company. I use it asan annual gut check on legal compliance and abenchmarking opportunity for best practices. The networking is also unsurpassed.”

Michael R. McAlevey, Vice President and Chief Corporate,Securities & Finance Counsel, General Electric Company,Fairfield, Connecticut

“Yet another outstanding program.”J. Lawrence McIntyre, Retired General Counsel, The Toro Company, Minneapolis, Minnesota

“It is no wonder the attendance is what it is as I haveno doubt it is the most useful program of its kind.” Nigel Campbell, Blake Cassels & Graydon LLP, Toronto

What last year’s attendees said about the:

39th Annual Inst i tute on

Securities Regulation

7

Morning Sess ion: 9 :00 a .m. – 12:15 p.m.

9:00

Update from the SEC’s Division of Corporation Finance • Hear from the most senior officials at the Division • Outlook on rulemaking developments• Recent rulemaking, no-action letters, interpretations and FAQs• Key areas of focus• Other staff prioritiesJohn W. White (Moderator)Brian V. BrehenyShelley E. Parratt

10:00

Private Offering Developments • The new integration guidance – practice implications• Regulation D revision proposals• New electronic Form D• Rule 144 revisions and effect on private offerings• PIPEs, short sales and Section 5Meredith B. Cross (Moderator)Martin P. Dunn Stephen M. Graham Keith F. Higgins Thomas J. Kim

11:00 Break

11:15

Public Offering Process • IPO Environment • Current legal issues: integration, gun-jumping• Auction pricing model• Dealing with analysts: guidance best practices • Preparing the board and management team• Emergence of SPACSCurtis L. Mo (Moderator)David B. Harms William H. Hinman, Jr. Michael S. Wishart

12:15 Break

12:30

Q&A Picnic Lunch with the Securities and Exchange CommissionJohn W. White, Director and Division of Corporation Finance Staff

1:30 Break

Afternoon Sess ion: 1 :45 p.m. – 5:00 p.m.

1:45

SEC Enforcement Trends and Priorities (30 minutes ethics)• Subprime issues • FCPA • Insider trading • The stock options investigations • Parallel proceedings with prosecutors and state regulators • Cooperation and waiver of privileges Carmen J. Lawrence (Moderator)Stephen M. CutlerGary G. Lynch Linda Chatman ThomsenRichard H. Walker

2:45 Break

3:00

Criminal Enforcement and Internal Investigations (30 minutes ethics)• FCPA case study: practical advice on how to handle internal and

government investigations• Parallel proceedings: DOJ, SEC, state attorneys general and

international authorities• Pros and cons of self-reporting• Privilege waivers in the post-McNulty eraBruce E. Yannett (Moderator) Pierre M. Gentin Loretta E. Lynch Colleen P. Mahoney Mark F. Mendelsohn Theodore V. Wells, Jr.

4:00

Private Securities and Derivative Litigation • Trends in filings• Effects of Stoneridge and Tellabs decisions• Confidential witnesses• Subprime issues • What the board needs to know about derivative actions Gregory A. Markel (Moderator) Richard W. Clary John P. (“Sean”) Coffey Boris Feldman Abby S. Meiselman

5:00 Adjourn

DAY TWO Thursday, November 13, 2008, 9:00 a.m. – 5:00 p.m.

Please plan to arrive with enough time to register before the conference begins.A continental breakfast will be available upon your arrival.

8

Morning Sess ion: 9 :00 a .m. – 12:15 p.m.

9:00

What Is on the Minds of General Counsels Today?• Critical board issues: perspectives on what boards are worrying about today• Evolving legal compliance programs• The inside view of outside counsel: how do I work with outside counsel?• Attorney-client privilege issues• Role in context of special investigations• Proxy rules and shareholder resolutions• FAS 5 developmentsBrackett B. Denniston, III (Moderator) Lynnette FallonMichele Coleman Mayes Louise M. Parent

10:00

Disclosure Developments and HandlingDifficult Disclosure Issues • MD&A disclosure developments: disclosure of investment portfolio risks,

ratings risks, and liquidity issues• Executive compensation: CD&A, performance criteria disclosure, and

severance arrangements• Insider trading compliance program best practices and use of 10b5-1 plans• “We are going to miss the quarter!” What next?• Use of corporate websites John T. Bostelman (Moderator)Catherine T. Dixon David B.H. MartinShelley E. Parratt

11:00 Break

11:15

Ethics (1 hour ethics)• Hypotheticals• Legal compliance responsibility – reporting up, reporting out• Handling conflict situations• Managing ethical issues within a law firm or departmentJames H. Cheek, III (Moderator)Mary C. DalySara E. Moss Robert H. Mundheim John K. Villa

12:15 Lunch

Afternoon Sess ion: 1 :45 – 5:00 p.m.

1:45

Accounting and Auditing Update • Restatements and materiality• CIFiR professional judgment proposal• FAS 157 fair value accounting• Changes to FAS 5 accounting for loss contingencies• PCAOB developments• IFRS • What lawyers need to know about XBRLLinda L. Griggs (Moderator) Wayne E. Carnall Daniel L. GoelzerSteve Meisel John W. White

2:45 Break

3:00

International Developments • Mutual recognition• Cross-border tender offer revisions• ’34 Act registration and deregistration for foreign companies• Rule 12g3-2(b) proposal• Foreign issuer reporting enhancements release• International regulatory responses to the credit crisisEdward F. Greene (Moderator)Christopher BatesPaul M. Dudek Nicolas Grabar

4:00

M&A Developments • How agreement provisions work in the real world• Differences in public and private deal terms• Assuring fairness versus locking up the deal• Return of the tender offer as the preferred structure• Fairness opinions and projections disclosure under SEC and state requirements• Voting arrangements and 13D issuesCharles M. Nathan (Moderator)Michele M. Anderson Vice Chancellor Stephen P. LambGregory V. VaralloPatricia A. Vlahakis

5:00 Adjourn

DAY THREE Friday, November 14, 2008, 9:00 a.m. – 5:00 p.m.

P r o g r a m S c h e d u l e

9

10 Reasons Why You Will Absolutely Want To Attend PLI’s

1. Hear a Keynote Address by Chairman of the Securities and Exchange Commission Christopher Cox, along withpresentations from an outstanding faculty of over 80 expertsdrawn from private practice, corporations, accounting firms,investment banks, institutional investors, the judiciary, academiaand the government, including the Securities and ExchangeCommission, Public Company Accounting OversightBoard, Department of the Treasury, the Federal ReserveBank of New York and the Department of Justice.

2. The Institute co-chairs have updated and reorganized the longest-running, highest-quality Institute on securities law,anywhere, to ensure that you receive the most current andimportant information, with a focus on practical strategies and solutions for today’s most pressing issues.

3. At the conclusion of each panel, you will receive a list of best practices and pointers that you can take with you and implement in your daily practice.

4. Increase your value as an advisor no matter what yourpractice level: Whether you are an associate, senior partneror general counsel, this Institute will offer you information youwon’t get anywhere else.

5. You can ask your most pressing questions and receive answersdirectly from the highest level staff at the Securities andExchange Commission’s Division of Corporation Financeat the annual Q&A Picnic Lunch on Day Two of the Institute.

6. New panel: What Is on the Minds of General CounselsToday? This panel will offer you perspectives from GCs at topcompanies on their most pressing issues, including whatboards are worrying about today and how best to work withoutside counsel.

7. Alan L. Beller of Cleary Gottlieb Steen & Hamilton LLPand former Director of the SEC’s Division of Corporation Financewill lead an in-depth examination of how to advise on doingbusiness, managing risk, documenting deals, and meetingaccounting and disclosure obligations in the wake of the creditmarket and liquidity crisis, at this year’s Pre-ConferenceBriefing on Lessons Learned from the Market Meltdown.

8. You will receive a superior two-volume reference guide withover 1,000 pages on securities and corporate law issues thatyou can use throughout the year.

9. Network with thousands of colleagues from the finest firmsand corporations both national and international and receiveCLE and CPE credit for your attendance.

10. Satisfaction Guaranteed: If you are not completely satisfied withthe return on your investment, your money will be refunded in full.

Securities Regulation40th Annual Institute on

10

The Honorable Christopher CoxChairman Securities and Exchange CommissionWashington, D.C.

Michele M. AndersonChief, Office of Mergers and AcquisitionsDivision of Corporation FinanceSecurities and Exchange CommissionWashington, D.C.

Christopher BatesClifford Chance LLPLondon

Thomas C. Baxter, Jr. General Counsel and Executive Vice PresidentFederal Reserve Bank of New YorkNew York City

Alan L. BellerCleary Gottlieb Steen & Hamilton LLPNew York CityFormer Director, Division of

Corporation FinanceSecurities and Exchange Commission

John T. BostelmanSullivan & Cromwell LLPNew York CityAuthor, The Sarbanes-Oxley Deskbook (PLI)

Brian V. BrehenyDeputy DirectorDivision of Corporation FinanceSecurities and Exchange CommissionWashington, D.C.

Wayne E. Carnall Chief AccountantDivision of Corporation FinanceSecurities and Exchange CommissionWashington, D.C.

James H. Cheek, IIIBass, Berry & Sims PLCNashville

Richard W. ClaryCravath, Swaine & Moore LLPNew York City

John P. (“Sean”) CoffeyBernstein Litowitz Berger & Grossmann LLPNew York City

Thomas A. ColeSidley Austin LLPChicago

Meredith B. CrossWilmer Cutler Pickering Hale and Dorr LLPWashington, D.C.

Stephen M. CutlerExecutive Vice President and General Counsel JPMorgan Chase & Co.New York City

Mary C. DalyDean and John V. Brennan Professor of

Law and EthicsSt. John’s University School of LawJamaica, New York

Brackett B. Denniston, IIISenior Vice President and General CounselGeneral Electric CompanyFairfield, Connecticut

Catherine T. DixonWeil, Gotshal & Manges LLPWashington, D.C.

Paul M. Dudek Chief, Office of International

Corporation FinanceDivision of Corporation FinanceSecurities and Exchange CommissionWashington, D.C.

Martin P. DunnO’Melveny & Myers LLPWashington, D.C.

Lynnette FallonExecutive Vice President, General Counsel

and Human ResourcesAxcelis TechnologiesBeverly, Massachusetts

Boris FeldmanWilson Sonsini Goodrich & RosatiPalo Alto

Ralph C. Ferrara Dewey & LeBoeuf LLPWashington, D.C.

Pierre M. GentinManaging DirectorHead of LitigationCredit SuisseNew York City

Daniel L. GoelzerBoard MemberPublic Company Accounting Oversight BoardWashington, D.C.

Amy L. Goodman Gibson, Dunn & Crutcher LLPWashington, D.C.

Nicolas GrabarCleary Gottlieb Steen & Hamilton LLPNew York City

Stephen M. GrahamFenwick & West LLPSeattle

Edward F. GreeneGeneral CounselCiti Institutional Clients GroupNew York City

Linda L. Griggs Morgan, Lewis & Bockius LLPWashington, D.C.

David B. HarmsSullivan & Cromwell LLPNew York City

Keith F. HigginsRopes & Gray LLPBoston

William H. Hinman, Jr.Simpson Thacher & Bartlett LLPPalo Alto

FACULTYCo-Chairs:

Steven E. BochnerWilson Sonsini Goodrich

& RosatiPalo Alto

Stanley KellerEdwards Angell Palmer &

Dodge LLPBoston

Mary Jo WhiteDebevoise & Plimpton LLPNew York City

Keynote Address

11

Thomas J. KimChief Counsel and Associate DirectorDivision of Corporation FinanceSecurities and Exchange CommissionWashington, D.C.

Stephen P. LambVice ChancellorDelaware Chancery CourtWilmington, Delaware

Carmen J. Lawrence Fried, Frank, Harris, Shriver & Jacobson LLPNew York City

Simon M. LorneVice Chairman and Chief Legal OfficerMillennium Management LLCNew York City

Gary G. LynchExecutive Vice President and

Chief Legal OfficerMorgan StanleyNew York City

Loretta E. LynchHogan & Hartson LLPNew York City

Colleen P. MahoneySkadden, Arps, Slate, Meagher & Flom LLPWashington, D.C.

Gregory A. MarkelCadwalader, Wickersham & Taft LLPNew York City

David B.H. MartinCovington & Burling LLPWashington, D.C.

Michele Coleman MayesSenior Vice President and General CounselAllstate Insurance CompanyNorthbrook, Illinois

Patrick S. McGurnSpecial CounselRiskMetrics GroupISS Governance ServicesRockville, Maryland

Steve MeiselPricewaterhouseCoopers LLPFlorham Park, New Jersey

Abby S. MeiselmanAssociate General CounselBank of AmericaNew York City

Mark F. MendelsohnDeputy Chief, Fraud SectionCriminal Division, U.S. Department of JusticeWashington, D.C.

Curtis L. Mo Wilmer Cutler Pickering Hale and Dorr LLPPalo Alto

Sara E. MossExecutive Vice President and General CounselThe Estée Lauder Companies Inc.New York City

Robert H. Mundheim Shearman & Sterling LLPNew York City

Charles M. Nathan Latham & Watkins LLPNew York City

John F. OlsonGibson, Dunn & Crutcher LLPWashington, D.C.

Louise M. ParentExecutive Vice President, General CounselAmerican Express CompanyNew York City

Shelley E. ParrattDeputy DirectorDivision of Corporation FinanceSecurities and Exchange CommissionWashington, D.C.

Richard J. SandlerDavis Polk & WardwellNew York City

Damon Silvers Associate General CounselAFL-CIOWashington, D.C.

Linda Chatman ThomsenDirectorDivision of EnforcementSecurities and Exchange CommissionWashington, D.C.

Gregory V. VaralloRichards, Layton & Finger, P.A.Wilmington, Delaware

John K. Villa Williams & Connolly LLPWashington, D.C.

Patricia A. VlahakisWachtell, Lipton, Rosen & KatzNew York City

Richard H. WalkerManaging Director and General CounselDeutsche Bank AGNew York City

Theodore V. Wells, Jr.Paul, Weiss, Rifkind, Wharton & Garrison LLPNew York City

John W. WhiteDirectorDivision of Corporation FinanceSecurities and Exchange CommissionWashington, D.C.

Michael S. Wishart Advisory DirectorGoldman, Sachs & Co.San Francisco

Bruce E. YannettDebevoise & Plimpton LLPNew York City

Program Attorney: Laura R. Shields

12

Securities Institute Advisory Committee

Alan K. AustinManaging Director and

Chief Operating OfficerSilver Lake PartnersMenlo Park, California

Alan L. BellerCleary Gottlieb Steen & Hamilton LLPNew York City

James H. Cheek, IIIBass, Berry & Sims PLCNashville

James R. DotyBaker Botts L.L.P.Washington, D.C.

Ralph C. FerraraDewey & LeBoeuf LLPWashington, D.C.

Arthur Fleischer, Jr.Fried, Frank, Harris, Shriver & Jacobson LLPNew York City

Joseph H. FlomSkadden, Arps, Slate,

Meagher & Flom LLPNew York City

Stephen J. FriedmanPresident Pace UniversityNew York City and Westchester County,

New YorkFormer Commissioner, Securities and

Exchange Commission

Daniel L. GoelzerBoard MemberPublic Company Accounting Oversight BoardWashington, D.C.

Edward F. GreeneGeneral CounselCiti Institutional Clients GroupNew York City

John J. HuberLatham & Watkins LLPWashington, D.C.

Roberta S. KarmelCentennial Professor of LawBrooklyn Law SchoolNew York CityFormer Commissioner, Securities and

Exchange Commission

Richard G. KetchumChief Executive OfficerNYSE Regulation, Inc.New York City

Theodore A. LevineOf CounselWachtell, Lipton, Rosen & KatzNew York City

Martin LiptonWachtell, Lipton, Rosen & KatzNew York City

Simon M. LorneVice Chairman and Chief Legal OfficerMillennium Management LLCNew York City

Gary G. LynchExecutive Vice President and Chief Legal OfficerMorgan StanleyNew York City

Robert H. MundheimShearman & Sterling LLPNew York City

Charles M. NathanLatham & Watkins LLPNew York City

John F. OlsonGibson, Dunn & Crutcher LLPWashington, D.C.

Aulana L. PetersGibson, Dunn & Crutcher LLP(Retired)Los AngelesFormer Commissioner, Securities and

Exchange Commission

Richard M. PhillipsKirkpatrick & Lockhart Nicholson Graham, LLPSan Francisco

David S. RuderWilliam W. Gurley Memorial Professor of LawNorthwestern University School of LawChicagoFormer Chairman, Securities and

Exchange Commission

Stephen J. SchulteOf CounselSchulte Roth & Zabel LLPNew York City

Larry W. SonsiniWilson Sonsini Goodrich & RosatiPalo Alto

Hon. Stanley SporkinU.S. District Court Judge (Retired)Practicing AttorneyWashington, D.C.

Stephen R. VolkVice ChairmanCitiNew York City

William J. Williams, Jr.Sullivan & Cromwell LLPNew York City

13

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PLI can arrange group viewing in your firm by broadcasting live to yourconference room. Plus, receive a discount on purchases of the correspondingCourse Handbook. Contact the Groupcasts Department via email atgroupcasts@pli.edu for more details.

PLI’s Nationally Acclaimed Course HandbooksAll program attendees* will receive a copy of the Course Handbook. This bound volume is prepared specifically for this program and also stands aloneas a permanent reference. PLI’s Course Handbooks represent the definitivethinking of the nation’s finest legal minds, and are considered the standardreference in the field. Please note: Individual Webcast attendees will receive adownloadable version of the Handbook the day of the program, and the CourseHandbook after the program date. *Web Subscribers to Webcasts can purchasethe Handbook at a 50% discount; contact PLI Customer Service to order.

Bring the best of PLI’s live programs to your home or office:Audio CDs and DVDs of this program will be available for purchase December2008. See Registration Form for details.

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There is no easier way to complete your MCLE requirement than with PLI’s CLE Now Web Segments/Programs: We’ve taken PLI’s extensive libraryof previously recorded programs and made them available online 24/7 via streamingvideo and/or audio. These are conveniently broken down into 1/2 - 3 hour programsso you get only the information you want. With over 1,500 hours of content tochoose from, you’re sure to find a Web Segment that will meet your needs. As anadded bonus, you’ll continue to have access to your Web Segments for one fullyear and will be able to download the online Course Materials that accompanyyour Web Segment. At more than 60% off the regular price, there’s never been a faster, easier, more affordable way to meet your MCLE requirement.

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14

Join the Leading Firms and Corporations Who Have Attended*

Adobe Systems IncorporatedAetna Inc.Akin Gump Strauss Hauer & Feld LLPAlleghany CorporationAllstate Insurance CompanyAlston & Bird LLPAmerican Equity Investment

Life Insurance Company Andrews Kurth LLPAnheuser-Busch Companies, Inc.AOL LLCArnold & Porter L.L.P.Baker Botts L.L.P.Baker & Hostetler LLPBaker & McKenzie LLPBallard Spahr Andrews & IngersollBass, Berry & Sims PLCBingham McCutchen LLPBlake, Cassels & Graydon LLPBlank RomeBond, Schoeneck & King, PLLCBrown Raysman Millstein Felder & Steiner LLPBryan Cave LLPBuchanan Ingersoll & RooneyButzel LongCadwalader, Wickersham & Taft LLPCahill Gordon & Reindel LLPCapital One Services, Inc.Caremark Rx, Inc.Carnival Corporation & PLCCarter Ledyard & Milburn LLPChadbourne & Parke LLPChiquita Brands International Inc.Choate Hall & Stewart LLPCIGNACitigroup Inc.Cleary Gottlieb Steen & Hamilton LLPCMP Group, Inc.Colgate-Palmolive CompanyCooley Godward Kronish LLPCorn Products International, Inc.Coudert Brothers LLPCouncil of Institutional InvestorsCravath, Swaine & Moore LLPCredit Suisse GroupCurtis, Mallet-Prevost, Colt & Mosle LLPCytec Industries, Inc.Darby & Darby P.C.Debevoise & Plimpton LLPDeere & Company World HeadquartersDeloitte & Touche USA LLPDelta Air Lines, Inc.Dewey & LeBoeuf LLPDigital Courier Technologies, Inc.DominionDorsey & Whitney LLPDow Jones & Company, Inc.Drinker Biddle & Reath LLPDuane Morris LLPE. I. du Pont de Nemours and CompanyEdwards Angell Palmer & Dodge LLPEpstein Becker & Green, PCEquitable Life Assurance Society of the

United StatesExxon Mobil CorporationFaegre & Benson LLPFarella Braun + Martel LLPFenwick & West LLP

FirstCity Financial CorporationFoley & Lardner LLPFoley Hoag LLPFreddie MacFried, Frank, Harris, Shriver & Jacobson LLPFulbright & Jaworski L.L.P.GAF Materials CorporationGardere Wynne Sewell LLPGardner Carton & Douglas LLPGeneral Cable Technologies CorporationGeneral Electric Capital CorporationGenzyme CorporationGibbons, Del Deo, Dolan, Griffinger &

Vecchione, P.C. Gibney, Anthony & Flaherty, LLPGibson, Dunn & Crutcher LLPGoodwin Procter LLPGordon Altman Butowsky Weitzen Shalov

& WeinGoulston & Storrs, P.C.Graham & James LLPGrayRobinson, P.A.Graydon Head & Ritchey LLPGreenberg Traurig, LLPGrippo & Elden LLCGuidant CorporationH.J. Heinz CompanyHahn & Hessen LLPHall Dickler Kent Friedman & Wood LLPHarley-Davidson, Inc.Harter Secrest & Emery LLPHaynes and Boone, LLPHeller Ehrman LLPHelms Mulliss & Wicker, PLLCHertz CorporationHerzog, Engstrom & Koplovitz, P.C.Hogan & Hartson LLPHolland & Knight LLPHolme Roberts & Owen LLPHoughton Mifflin CompanyHoward Rice Nemerovski Canady Falk & Rabkin,

A Professional CorporationHughes Hubbard & Reed LLPHunton & Williams LLPInternational Paper CompanyJPMorgan Chase & Co.Jenkens & Gilchrist, A Professional CorporationJohns Manville Jones Apparel Group, Inc.Jones DayJones, Walker, Waechter, Poitevent, Carrère &

Denègre, L.L.P.Kaplan, Strangis and Kaplan, P.A.Kasowitz, Benson, Torres & Friedman LLPKelley Drye & Warren LLPKennedy Covington Lobdell & Hickman, L.L.P.Kilpatrick Stockton LLPKing & Spalding LLPKirkland & Ellis LLPKirkpatrick & Lockhart Preston Gates Ellis LLPKlehr, Harrison, Harvey, Branzburg & Ellers LLPKoch Industries, Inc.KPMG Kramer Levin Naftalis & Frankel LLPLane Powell PCLehman & Eilen LLPLewis, Rice & Fingersh, L.C.Lincoln National Corporation

Linklaters LLPLoeb & Loeb LLPLord, Bissell & Brook LLPLowenstein Sandler PCMayer Brown LLPMcBride Baker & ColesMcCarter & English, LLPMcDermott Will & Emery LLPMcDonalds CorporationMcGuireWoods LLPMediaOne Group Inc.Metropolitan Transportation AuthorityMilberg Weiss & Bershad LLPMIM CorporationMintz Levin Cohn Ferris Glovsky and Popeo P.C.Mirick, O’Connell, DeMallie & Lougee, LLPMorgan, Lewis & Bockius LLPMorrison & Foerster LLPMunger, Tolles & Olson LLPNACCO Industries, Inc.Neal, Gerber & Eisenberg LLPNew York Life Insurance CompanyNew York Times CompanyNixon Peabody LLPNortel Networks CorporationNutter McClennen & Fish LLPOccidental Petroleum CorporationOffice Depot, Inc.Orrick, Herrington & Sutcliffe LLPPaineWebber Group, Inc.Paul, Hastings, Janofsky & Walker LLPPaul, Weiss, Rifkind, Wharton & Garrison LLPPeabody & Arnold LLPPenn Virginia CorporationPepper HamiltonPerkins Coie LLPPfizer Inc.Phelps Dunbar LLPPhilip Morris USAPhillips Lytle LLPPhillips Nizer LLPPioneer Natural Resources CompanyPillsbury Winthrop Shaw Pittman LLPPlatinum Entertainment, Inc.Polo Ralph Lauren CorporationPorter Wright Morris & Arthur LLPPresstek, Inc.PricewaterhouseCoopers LLPProskauer Rose LLPPrudential Financial, Inc.Pryor Cashman LLPReed SmithRichards Kibbe & Orbe LLPRobinson, Bradshaw & Hinson, P.A.Robinson & Cole LLPRopes & Gray LLPRR DonnelleySalansSatterlee Stephens Burke & Burke LLPSCANA CorporationSchering-Plough CorporationSchirrmeister Diaz-Arrastia Brem, L.L.P.Schulte Roth & Zabel LLPSeagate Technology LLCSecurity Associates International, Inc.Security Capital Group IncorporatedSeward & Kissel LLPShartsis Friese LLP

Shearman & Sterling LLPShefsky & Froelich Ltd.Shook, Hardy & Bacon L.L.P.Simpson Thacher & Bartlett LLPSkadden, Arps, Slate, Meagher & Flom LLP

and AffiliatesSmith Anderson Blount Dorsett Mitchell &

Jernigan LLPSmith Moore LLPSociété GénéraleSolomon Pearl Blum Heymann & Stich LLPSouthern Company Services Inc.Squire, Sanders & Dempsey L.L.P.Stites & Harbison, PLLCStoel Rives LLPStroock & Stroock & Lavan LLPSullivan & Worcester LLPSunshine Mining & Refining CompanySUPERVALU Inc.Sutherland Asbill & Brennan LLPTenneco Inc.Texas Industries, Inc.Texas Instruments IncorporatedThacher Proffitt & Wood LLPThe Bank of New York Mellon CorporationThe Goldman Sachs Group, Inc.The Hearst CorporationThe Home Depot U.S.A., Inc.TheStreet.com, Inc.The Toro CompanyThe Walt Disney CompanyThelen Reid Brown Raysman & Steiner LLP.Thompson & Knight LLP3MTLC The Laser Center Inc.Torys LLPTrace International Holdings, Inc.Triarc Companies, Inc.Tyler Cooper & Alcorn, LLPU.S. Securities and Exchange CommissionUnion Pacific CorporationVedder, Price, Kaufman & Kammholz, P.C.Venable LLPVerrill Dana, LLPViacom Inc.Vinson & Elkins L.L.P.Vorys, Sater, Seymour and Pease LLPWachtell, Lipton, Rosen & KatzWaller Lansden Dortch & DavisWang Laboratories, Inc.Washington Group International Inc.Weil, Gotshal & Manges LLPWeyerhaeuser CompanyWhite & Case LLPWilliams & Connolly LLPWillkie Farr & Gallagher LLPWilmer Cutler Pickering Hale and Dorr LLPWilson Sonsini Goodrich & RosatiWinstead Sechrest & Minick P.C.Wolf, Block, Schorr and Solis-Cohen LLP

* Partial Listing

15

Other Relevant Products From PLIBe sure to browse through our on-site bookstore outside the conference room in the New York Hilton! Attendees can receive discounts of up to 20% on a full selection of PLI treatises, Course Handbooks, Audio CDs, and DVDs. Additional copies of the 40th Annual Institute on Securities Regulation and/or Lessons Learned from theMarket Meltdown: Life After the Age of Innocence: How to Advise on DoingBusiness, Managing Risk, Documenting Deals and Meeting Accounting andDisclosure Obligations Course Handbooks and Audio CDs/DVDs of the program can bepurchased at a 50% savings. MasterCard, Visa, American Express, Diners Club and checkswill be accepted. A shipping service is also available. Don’t forget to stop by and talkwith our Privileged Membership representatives located outside the conferenceroom in the New York Hilton to discover incredible benefits and savings on PLI programsand publications for you and your firm/corporation.

COURSE HANDBOOKThe Course Handbooks will be available on the first day ofeach corresponding program. 40th Annual Institute onSecurities Regulation, $229; Lessons Learned fromthe Market Meltdown: Life After the Age ofInnocence: How to Advise on Doing Business,Managing Risk, Documenting Deals and Meeting Accounting and Disclosure Obligations, $199.

TREATISESThe Sarbanes-Oxley DeskbookJohn T. Bostelman (Sullivan & Cromwell LLP, New York City)

”The bible for securities lawyers.” FORTUNE Magazine

Hailed by the New York Law Journal as “the most comprehensive of allthe texts in the marketplace today,” The Sarbanes-Oxley Deskbookprovides you with expert provision-by-provision commentary on the meaning, purpose, and compliance implications of SOX and subsequent SEC and SRO rules.3 looseleaf volumes, 2,951 pages, $435 (Revised annually or as needed: No charge for revision issued within 3 months of purchase)

Soderquist on the Securities Laws, Fifth EditionGary M. Brown(Baker, Donelson, Bearman, Caldwell & Berkowitz, PC, Nashville, TN)

Previously known as Understanding the Securities Laws by thelate Larry D. Soderquist, Soderquist on the Securities Laws featuresin-depth treatment of the SEC’s securities offering reforms, whileretaining its thorough coverage of seminal securities legislation. Soderquist shows youhow the reform rules create: several categories of issuers that have new communicationopportunities, registration options, and restrictions • simpler, more flexible automatic shelfregistration for well-known seasoned issuers • a class of permissible written communicationsknown as free writing prospectuses • important guidelines for electronic road shows,websites, and research reports • and safe harbors from gun-jumping provisions. 1 looseleaf volume, 637 pages, $235 (Revised annually or as needed: No charge for revision issued within 3 months of purchase)

Securities Litigation: A Practitioner’s Guide Edited by Jonathan C. Dickey(Gibson, Dunn & Crutcher LLP, Palo Alto, CA)

Securities Litigation provides the comprehensive legal, procedural, andstrategic insight you need to get the decisive edge in securities classactions. You’ll get the complete story on pleading standards, automaticstays of discovery, lead plaintiff appointments, and loss causation underthe PSLRA • restrictions on plaintiffs’ use of state courts in certaintypes of class actions under the SLUSA • and standards for class certification and summary judgments under the Federal Rules of Civil Procedure. 1 looseleaf volume, 919 pages, $215 (Revised annually or as needed: No charge for revision issued within 3 months of purchase)

For more information on any treatise, including the Table of Contents, log on to www.pli.edu

Program attendees save up to 50% on Books, Audio and Video Products.

New York City Seminar Location and Hotel Accommodations: The New York Hilton & Towers,1335 Avenue of the Americas, New York, NY 10019. All reservations must be made through The Global Executive 800-516-4265, outside the US 203-431-8950. www.globalexec.com/pli.Mention that you are attending the PLI program to receive the preferred room rate. The cut-off datefor the preferred rate is October 15, 2008. [All dealings related to travel are between the registrantand The Global Executive.]Payment Policy: Registration fees are due in advance. Attendees may pay by check, Visa,MasterCard, American Express or Diners Club.Cancellations: All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program.PLI’s Scholarship/Financial Hardship Policy: Full and partial scholarships to attend PLI programsare available to pro bono attorneys, judges, judicial law clerks, law professors, attorneys 65 or older,law students, librarians and paralegals who work for nonprofit organizations, legal servicesorganizations or government agencies, unemployed attorneys and others with financial hardships. To apply, send your request on your employer’s letterhead, stating the reason for your interest, along with the completed registration form on this brochure, to the PLI Scholarship Committee. All applications must be accompanied by a $25 application fee (applicants may pay by check orcredit card), and must be submitted four weeks before the date of the program you wish to attend.If the request for a scholarship is denied, the $25 application fee will be returned. Students mustsubmit a copy of their student ID card.PLI Group Discounts: Groups of 4 or more from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive agroup discount. For further information, please contact membership@pli.edu or call (800) 260-4PLI. Education Course Credit: States have widely varying regulations regarding Continuing Educationcredit, therefore, please contact PLI for more information concerning approval.New York State CLE Credit: In accordance with the requirements of the New York StateContinuing Legal Education Board, this non-transitional continuing legal education program is NOTapproved for the newly admitted attorney within the first two years of admission to the Bar. It hasbeen approved for experienced attorneys for a maximum of 21.5 credit hours, of which 2.0 credithours can be applied toward the ethics requirement and 19.5 credit hours can be applied towardthe professional practice requirement.California MCLE Credit: PLI is a State Bar of California approved MCLE provider. This activity hasbeen approved for MCLE credit in the amount of 18.5 credit hours, of which 2.0 credit hours willapply to legal ethics. PLI will retain the required MCLE records for this program.Continuing Professional Education Course Credit: Recommended CPE credit: 19.5 credit hours, in which 3.0 credit hours will apply to Accounting and 16.5 hours will apply to Business Law. Course level: Intermediate. The Practising Law Institute is registered with the National Association ofState Boards of Accountancy (NASBA), as a sponsor of continuing professional education on theNational Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptanceof individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to theNational Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417.Web site: www.nasba.org No prerequisites or advance preparation is required for CPE credit. Contact sschlicht@pli.edu regarding complaints and refund policy.California Paralegals: You can satisfy your new continuing legal education requirements by attendingPLI’s nationally acclaimed Institutes and Programs!Illinois CLE Credit: PLI is an accredited provider in Illinois. Special Needs: If you have special needs as addressed by the Americans with Disabilities Act,please notify Customer Relations at least two weeks prior to your program.Basic Upkeep Service: In order to keep you abreast of the latest developments in your field, the purchase of PLI treatises includes Basic Upkeep Service, so that supplements, replacementpages and new editions may be shipped to you immediately upon publication for a 30-dayexamination. This service is cancelable at any time.PLI Bookstores: Current Publications, Training Materials, Audio CD/DVDs and related products areavailable for purchase at the PLI New York Center, 810 Seventh Avenue at 53rd Street (21st floor),New York, NY, and at the PLI California Center, 685 Market Street, San Francisco, CA, Monday toFriday, 10:00 a.m. - 4:00 p.m. All PLI Publications can also be purchased online at www.pli.eduEmail: info@pli.eduVisit Us On The Web: www.pli.edu

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40th Annual Institute on Securities Regulationm 14863 New York City Seminar,* November 12-14, 2008, The New York Hilton, $1,995Live Webcast,* November 12-14, 2008 (Register online prior to first day of program), $1,995m 14864 Two-Volume Course Handbook only, $229m 14868 Audio CDs,† available December 2008, $997.50m 14867 DVDs,† available December 2008, $1,995

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California, Illinois, Maryland,New York, Ohio, Rhode Island,Texas and Virginia residentsplease add applicable sales taxto price of publications and audio CD and DVD products.

*Includes Course Handbook. Individual Webcast attendees will receive a downloadable version of theHandbook the day of the program, and the printed Handbook after the program date. (Web Subscribers to Webcasts can purchase the Handbook at a 50% discount; contact PLICustomer Service to order.)

† Audio CDs and DVDs must be prepaidand are non-refundable, with theexception of defective or unopenedproducts.

1All treatises requireprepayment and can bereturned within 30 days for afull refund.

Special Two-Program Rate! Attend Both the Pre-Conference Briefing and the Institute and Save $500!

m 15135 Both New York City Seminars,* November 12-14, 2008, The New York Hilton, $2,390

Live Webcasts,* November 12-14, 2008 (Register online prior to first day of program), $2,390

m 654 The Sarbanes-Oxley Deskbook,1 3 looseleaf volumes, $435m 9946 Soderquist on the Securities Laws, 5th Ed.,1 1 looseleaf volume, $235m 12013 Securities Litigation: A Practitioner’s Guide,1 1 looseleaf volume, $215

m My Email address is: __________________________________________________________________ Please send me Email updates.

Optional Pre-Conference BriefingLessons Learned from the Market Meltdown: Life After the Age of Innocence: How to Advise on DoingBusiness, Managing Risk, Documenting Deals and MeetingAccounting and Disclosure m 14856 New York City Seminar,* November 12, 2008,

The New York Hilton, $895Live Webcast,* November 12, 2008 (Register online prior to first day of program), $895m 14857 Course Handbook only, $199m 14861 Audio CDs,† available December 2008, $447.50m 14860 DVDs,† available December 2008, $895

The information below is required to properly process your CLE certificate:State: ________ Bar ID# ______________ State: _________ Bar ID# _____________ State: _________ Bar ID# _____________

NON-PROFITORGANIZATIONU.S. POSTAGE

PAIDPRACTISING LAW

INSTITUTE

40th Annual Institute on

Securities RegulationNovember 12-14, 2008

New York City The New York HiltonLive Webcast — www.pli.edu

Practising Law Institute®