NAPPA's 2022 Legal Education Conference
Peter Mixon and Yuliya Oryol participated in the National Association of Public Pension Attorneys’ 2022 Legal Education Conference in Louisville, KY which took place June 21-24, 2022.
On June 21, Peter moderated “Introduction to NAPPA.” This was an informational session intended to introduce the organization to new members. The panelists shared their own NAPPA experiences and highlighted the benefits of membership.
Later in the afternoon, Peter presented “Public Pensions Overview - Part 1.” This presentation aimed to provide an overview of the legal framework for public pensions such as plan structure, trust law, fiduciary obligations, tax qualification, funding requirements and retirement benefits.
Following this session, Peter presented “Public Pensions Overview - Part 2.” Peter and his fellow panelists outlined the legal framework for the actuarial and investment functions at public pension plans. Topics included the role of actuaries in determining funding and contribution requirements, the role of investment returns, applicable fiduciary principles, and the relationship between the legal, actuarial and investment functions in plan administration.
Finally, Peter participated as a panelist on the “Public Pension Litigation Of National Importance” session on the final day of the conference. The panel examined recent cases of national interest to the public pension community.
On June 23, Yuliya moderated the Investment Section panel, “Proposed SEC Rules and Their Impact on Private Fund Investors.” During this session, panelists reviewed the significant new and amended rules that were proposed under the Investment Advisers Act of 1940 by the Securities and Exchange Commission (SEC), along with related developments and their impact on public institutional investors. They also addressed material issues of importance to private fund investors, such as conflicts of interest in secondary transactions, fiduciary duty waivers, prohibited activities and compliance policies, preferential rights disclosures and much more.
