New Investment Option - Corporate Notes to 3 years
Event Details
| Registration | Registration for this event has closed. |
| Date | EXPIRED EVENT
Save to your calendar |
| Time | 10:00am |
| Delivery Method | Webinar |
| Field of Study | Finance - Technical |
| NASBA CPE | Earn 1.50 CPE Hours |
| Contact | IGFOA info@igfoa.org 630-942-6587 |
Event Cost
| Type | Before 7/18/2018 |
|---|---|
| Members | $ 55.00 |
| Government / Partner Colleagues | $ 65.00 |
| Non-members | $ 80.00 |
Event Description
New Investment Option - Corporate Notes to 3 years
HB 4573 just passed both the House and Senate and now sits on the Governor’s desk for signature. If signed, this law will expand the term to invest in corporate obligations from 270 days to 3 years. This webinar will explain the pros and cons of investing in corporate obligations in order to earn more interest income. Even if the law is not signed, a municipality may revise its investment policy under home rule authority to include corporate obligations out to 3 years as some municipalities have recently done.
Speakers:
Kyle Jones, Director of Portfolio Strategies, PFM
Michelle Binns, Senior Managing Consultant, PFM
Spiro Hountalas, Senior Managing Consultant, PFM
Learning Objectives: Participants completing this program will be able to:
- Identify the benefits of investing in corporate obligations
- Learn the risks of investing in corporate obligations
- Identify what types of investment providers offer corporate obligations
- Get an update on the proposed changes to the Illinois Public Funds Investment Act
Intended Audience: All government management & finance professionals
Delivery method: Group Internet Based
Program Level: Overview
Prerequisites: No prerequisites required
Advanced Preparation: No advanced preparation required
Field of Study: Finance - Technical
CPE Credits: Earn about 1.5 CPE credits
Registration & Cancellation Policy
Registrations are accepted on a first-in, first registered basis. Payments by check should be mailed in advance or made at time of registration by credit card.
IGFOA Members are those Public Sector and Partner or Associate individuals specifically listed in the IGFOA Membership Application or Renewal. IGFOA Government non-member rate applies to staff, appointed officials, and elected officials of a government with a current IGFOA membership. If you have questions about your membership, contact IGFOA at 630-942-6587. The IGFOA reserves the right to apply the non-member fee to any individual or government that has not paid dues for the current year.
If you are unable to attend, please contact IGFOA at 630-942-6587 or info@igfoa.org as soon as possible. A $20 cancellation fee will be charged for cancellations up to July 11, 2018. Cancellations after July 11, 2018 and no-shows are responsible for the full tuition.
IGFOA reserves the right to modify the agenda, cancel the event due to low enrollment, or to close registration if full. Should IGFOA cancel an event, cancellation notice will be sent to the email address provided by each registrant and prominently posted at the IGFOA website page announcing the event. By submitting this registration, the applicant agrees to the registration and cancellation policy above.
Approved by the National Registry of CPE Sponsors
CPE Registry Illinois Government Finance Officers Association (IGFOA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.