Former SEC chairman offers views on UBS losses

Written by  //  February 27, 2014  //  In-Brief  //  No comments

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A trio of stateside law firms will discuss investors’ options and remedies for losses suffered from investments in UBS-offered Puerto Rico family of funds.

A trio of stateside law firms will discuss investors’ options and remedies for losses suffered from investments in UBS-offered Puerto Rico family of funds.

Three of the largest securities litigation law firms in the mainland U.S. — Bernstein Litowitz Berger & Grossmann LLP; Grant & Eisenhofer P.A.; and Kessler Topaz Meltzer & Check LLP — have joined forces with renown local lawyer, Andrés W. López, to discuss investors’ options and remedies for losses suffered from investments in UBS-offered Puerto Rico family of funds.

Harvey L. Pitt, former chairman of the Securities and Exchange Commission, will be the keynote speaker, providing perspectives from a former regulator’s point of view during the two-hour educational conference.

As SEC chairman, Pitt was responsible for overseeing the agency’s response to the market disruptions resulting from the Sept. 11th attacks, for creating the SEC’s “real time enforcement” program, and for leading the Commission’s adoption of rules in response to the corporate and accounting crises generated by the excesses of the 1990s.

The conference will also discuss the multiple roles played by UBS in structuring bond transactions on the island.

The event, free of charge, will take place on today, from 3 p.m. to 5 p.m., at the Caribe Hilton Hotel, Salón Los Rosales. For more information, contact 787-522-3418.

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