Full Session Descriptions Available at www.aptusc.
org
45th Annual Conference
“Coasting the Current Trends in Public Treasury”
The Association of Public Treasurers of the United States and Canada is
proud to announce its 45th Annual Conference from July 25th – July
28th in Charleston, SC at the Charleston Place Hotel.
The conference offers 24 total CPE credits and 8.5 CPFA points.
Take advantage of pre-conference training by attending the Treasury
Academy or CPFIM training on Sunday, July 25th.
In addition to the training and certifications available, there are several
featured events that allow attendees to network with their peers and
build relationships with corporate members and exhibitors.
Keynote Speaker
Monday, July 26th, 10:00 am - 10:45 am
U.S. Congressman
James E. Clyburn (SC-6)
House Majority Whip
Investment Track 1
Economic and Financial Market Outlook
Monday, July 26th, 2:00 pm – 2:50 pm
This session will discuss current economic trends and where they’re heading. The
topics will cover the auto, housing, retail, manufacturing, unemployment, stock
and bond markets. Presented by: Jim Paulsen, Wells Capital Management, Chief
Investment Strategist
Challenging Market Risks for Successful Investing
Monday, July 26th, 3:30 pm – 4:20 pm
With change the only constant and risk the only certainty, public fund investment
professionals are facing unprecedented market challenges. This session discusses
strategies on how to profit from taking losses. Presented by: Benjamin Finkelstein,
Cantor Fitzgerald, Managing Director - Public Funds
State of the GSE’s - An Update on the Four Largest
Government Sponsored Entities from an Investor’s Perspective
Monday, July 26th, 4:30 pm - 5:20 pm
Covering Fannie Mae, Freddie Mac, FHLB and FFCB, this presentation
will provide timely updates on each GSE’s status, current events and market
implications for investors. Presented by: Carl E. Moerbe, Morgan Keegan & Co.,
Managing Director - Fixed Income Research
Understanding the Government Sponsored Enterprises
Tuesday July 27th, 11:00 am -11:50 am
This seminar will provide a historical perspective on Government Sponsored
Enterprises, and their role in the economy including review of the recent
housing crisis and the future prospects for the GSEs. Presented by: Michael Fink,
MorganStanley SmithBarney, Senior Vice President - Wealth Management
Maintaining Liquidity in Turbulent Markets by
Limiting Price Volatility
Wednesday, July 28th, 11:00 am – 11:50 am
Public funds managers operate under three directives: 1) maintain safety of
principal, 2) keep sufficient liquidity, and 3) obtain reasonable yields. This
presentation discusses the importance and dynamics of managing price
volatility and its affect on liquidity in a public funds portfolio. Presented by:
Craig Dismuke, Vining Sparks, Senior Vice President
Economic Outlook for 2010
Wednesday, July 28th, 1:00 pm - 1:50 pm
The worst recession since the Great Depression is over, and the economy is
finally getting some traction. This session will discuss the latest economic data
- Gross Domestic Product, employment, inflation, and housing. Presented by:
Kei Matsuda, Union Bank, Director of Economic Research
Today’s Economic Realities in Perspective - Investing 301
Wednesday, July 28th, 2:00 pm – 2:50 pm
This session will focus on the interest rate environment affecting all investors.
It will include a review of historical Fed Funds rates, Treasury yield curves,
CPI and other data. Presented by: Chas Kipp, Multi-Bank Securities, Inc., Vice
President
Using Advanced Web Technologies for Your Investments
Wednesday, July 28th, 3:00 pm – 3:50 pm
Bond and fixed income analytics are in great supply. This session will help you
find and use the right technology to track purchases and maintain your static
liquidity. Presented by: Doug Gasher, Finacorp Securities, TradeFunds, Senior Vice
President & Jim Koetting, PFI Strategies, CEO & President
General Session Speaker
Tuesday, July 27th, 8:30 am - 9:30 am
Michael Cappellas
First Data, CEO
Cash Management Track 2
Risk Assessment - Cost Effective Internal Controls
Monday, July 26th, 2:00 pm – 2:50 pm Monday, July 26th, 4:30 pm – 5:20 pm
This session will discuss the reasoning for treasurers implementing a risk
assessment, and how to analyze the best “bang for their buck” in internal
controls. Presented by: Charlotte Allen, WebsterRogers LLP, Director
The Truth About OPM (Other People’s Money)
Monday, July 26th, 3:30 pm – 4:20 pm Tuesday July 27th, 11:00 am – 11:50 am President
Public finance officers need to be the “money” experts when it comes to capital
projects. An honest discussion about using money from the bond market and
the government for capital projects. Presented by: Angie Brewer, Angie Brewer &
Associates, LC, CEO & Chairman
Managing Liquidity in a Challenging Environment
Monday, July 26th, 4:30 pm - 5:20pm
This session will discuss the current economic situation, investment
environment, and strategies for managing cash and investments. Presented by:
Andrew Tate, Sterling Capital Management LLC, Executive Director
Check Fraud: Vaccines for Your Organization Wednesday, July 28th, 2:00 pm – 2:50 pm
Tuesday, July 27th, 11:00 am – 11:50 pm
Check fraud still dominates the world of payment fraud. Attendees will be
updated on the latest check fraud scams, and will learn specific strategic defenses
to help prevent attacks and losses. Presented by: Greg Litster, SAFEChecks,
President
Highly Effective Habits of Finance Officers
Wednesday, July 28th, 11:00 am – 11:50 am
The demands on finance officers are increasing, making it difficult to balance
responsibilities. We will discuss some of the things finance officers are doing
that seem to work, both for them professionally and for their governments.
Presented by: Larry Finney, Greene, Finney & Horton, LLP, Partner
Increasing Revenue Flow - Electronic Cash Collections
Wednesday, July 28th, 1:00 pm – 1:50 pm
Having trouble collecting fees, taxes or other payments for municipal services?
This session will discuss utilizing electronic communications to increase cash
flow through electronic billing, reminders and payments. Presented by: Doug
Lifton, Sendza.
Outsourcing Investments While Downsizing
Wednesday, July 28th, 2:00 pm – 2:50 pm
More municipalities are finding a need to hire professional asset managers
for part or all of their portfolios as budgets are squeezed. Can treasurers use
outside experts without seeming irrelevant? Presented by: Girard Miller, PFM
Asset Management, Senior Strategist
Technology Track 3
Conducting an Independent Business Review -
What’s in It for my Organization?
Monday, July 26th, 2:00 pm – 2:50 pm
In this session attendees will better understand what their organizations could
gain from conducting independent business reviews. Presented by: Gary Sanders,
Logics, LLC, Senior Consultant & Partner
What You Don’t Know About CD’s Could Cost You!
Monday, July 26th, 3:30 pm – 4:20 pm GASB 54 Fund Type
More choices than ever are available to public funds managers to invest larger
sums in CDs. Learn about the available technologies to safely navigate these
CD options to ensure that you are not exceeding FDIC or NCUA insurance
limits or adding risk. Presented by: Bob Thomas, Multi-Bank Securities, Vice
President
Benefits of Outsourcing Information Technology
This session will examine the pros and cons of outsourcing IT needs to help
attendees determine the best choice for their organizations. Presented by: Joe
Foster, VC3, Virtual CIO
Clear as Mud? … Providing Transparent Reporting
Learn how best practices in financial transparency can help your organization
through turbulent economic conditions based on current or historical financial
trends and future forecasting to determine the optimal course of action.
Presented by: Mike Psenka, eThority, CEO
Using a Dashboard - Drive Your Organization Forward
Wednesday, July 28th, 11:00 am – 11:50 am
The next generation of software includes dashboards that summarize and
display key data that management needs to assist in decision making. This
session will demonstrate a dashboard and give attendees a first-hand look at
this technology. Presented by: Gary Sanders, Logics, LLC, Senior Consultant &
Partner
Data Security: Vulnerabilities and Recommended Practices
Wednesday, July 28th, 1:00 pm – 1:50 pm
This session will cover issues confronting organizations that handle personally
identifiable information, discuss vulnerabilities in data systems, best practices,
obligations with respect to alleged misuse of data and legal ramifications.
Presented by: Jim Buxton, Young Clement Rivers LLP, Special Counsel
Financial Influenza: Cyber Crime
Wednesday, July 28th, 3:00 pm – 3:50 pm
Cyber crime is exploding - who is responsible for losses from cyber breach of
a company’s computer system? Attendees will be updated on the latest cyber
crime scams, and will learn specific strategic defenses to help prevent attacks
and losses. Presented by: Greg Litster, SAFEChecks, President
Debt Management Track 4
Demystifying FHLB Callable Debt
Monday, July 26th, 2:00 pm – 2:50 pm
This session will discuss FHLB’s credit and details about the debt program
that fund their housing mission; discuss callable structures; discuss simplifying
callable analysis, making investment decisions; and potential returns of
callables. Presented by: Denise de Bombelles, FHLB, Vice President - Global
Investor Relations & Margaret Kerins, RBS, Managing Director - Global Banking
& Markets
Build America Bonds for Public Funds Managers
Monday, July 26th, 3:30 pm – 4:20 pm
This presentation will introduce the BAB program and the bonds that are
coming to market as a result. We will also discuss how public funds managers
can benefit from the program in their portfolio management. Presented by:
Craig Dismuke, Vining Sparks, Senior Vice President
Monday, July 26th, 4:30 pm – 5:20 pm
This session will provide an explanation of fund balance classifications that
can be more consistently applied and clarify the existing governmental fund
type definitions. Presented by: Bud Addison, WebsterRogers LLP, Audit Senior
Manager
Analyzing & Projecting Interest Rates:
Considerations Beyond the Economy in 2010
Tuesday July 27th, 11:00 am – 11:50 am
The economy and the Fed will set the general direction for interest rates in
2010, but investors will have a lot to say about the timing and magnitude of
rate changes. This session will review how the bond market will interpret these
factors through the year. Presented by: Jim Vogel, FTN Financial, Executive Vice
Pension and Retirement Reform
Wednesday, July 28th, 11:00 am – 11:50 am
New standards for pension governance have been published and many public
employers are downscaling their pension plans and requiring increased
employee contributions. What are the most important strategies to pursue
for maximum benefits for taxpayers? Presented by: Girard Miller, PFM Asset
Management, Senior Strategist
GASB 45 Liabilities: Accounting and Financial Reporting by
Employers for Postemployment Benefits Other Than Pensions
Many state and local governmental employers provide other postemployment
benefits (OPEB) as part of the total compensation. This session will explore
the standards for the measurement, recognition, and display of OPEB expense/
expenditures and related liabilities (assets). Presented by: BB&T - Actuary
 Non Profit Org.

Charleston, SC
US Postage

Permit No.
Special Events Great Tours & More!

PAID

485
Sunday, July 25, 10:00 am - 3:00 pm -- ($10 Charge)
Touring Option I: 1:30 pm - 5:30 pm
Middleton Place Plantation Tour
Association of
Kiawah’s Ultimate Beach Excursion
Bring the family and come enjoy a fun filled day at Kiawah Island‘s Beach.
Included in the package are: chairs, umbrellas, towels and beach equipment.
Spend the afternoon at Middleton Plantation and Gardens. The excursion
includes transportation to the plantation, tour of the gardens, entrance, historic
home, and return transportation to Charleston Place. Departs Charleston Place
at 1:30 pm and returns at 5:30 pm. Cost: $65.00 per person.
Public Treasurers
Food, restrooms and fresh water are available. Call (843) 768-6001 or visit

of the

of the United States and Canada

Association of Public Treasurers
www.kiawahresort.com/recreation for reservations.

962 Wayne Avenue • Suite 910

Touring Option II: 1:45 pm - 5:15 pm
Fort Sumter Tour & Harbor Cruise

Silver Spring, MD 20910

Sunday, July 25, 6:00 pm - 8:00 pm
Under the Sea - South Carolina Aquarium
Take a boat tour to Fort Sumter. The tour includes transportation to the Fort
Sumter Interpretive Center. The tour includes time to visit the museum, boat
ride and tour of Fort Sumter with return transportation to the hotel. Departs
Charleston Place at 2:00 pm and the total duration of the tour is 2 1/2 hours.
United States &
Canada
Enjoy views of the Charleston Harbor while visiting the South Carolina Cost: $36.00 per person.
Aquarium. The night’s festivities include authentic Lowcountry cuisine, live
music and soothing cocktails.
Touring Option III: 2:00 pm - 4:30 pm
Sponsored by:
Culinary Walking Tour

45th Annual Conference

“Walk, talk and taste your way through Charleston.” Charleston is a foodies
delight and quickly becoming a mecca for those interested in the unique
culinary heritage of the Lowcountry. This itinerary focuses on what distinguishes
Monday, July 26, 12:00 pm Lowcountry cuisine. Visit some of Charleston’s fabulous culinary stores. The tour
begins at 2:00 pm Cost: $45.00 per person.
Awards Luncheon

Mail in your forms today or visit the website at

Please join us in recognizing those being presented with the CPFA
credential, CPFIM credential, Investment Policy Certification, Cash
Handling Certification, Debt Policy Certification, and Disaster Preparedness
Touring Option IV: 2:15 pm - 3:15 pm
Carriage Tour
July 25 - 28, 2010

Please be sure to register for the Conference.

Certification.
Charleston Place Hotel

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Enjoy a Carriage Ride through Charleston’s Historic District. Take in the

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nostalgia and beautiful architecture with a horse drawn carriage ride through

Sign up for the Annual Golf Tournament

downtown Charleston. Cost: $20.00 per person.
Charleston, South Carolina

Trend ting the Cu

APT

5-28,
Make your room reservations at 2010
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Monday, July 26, 6:00 pm - 8:00 pm To reserve any tours visit http://www.brownpapertickets.com/event/111629

Coas
A Historic Evening - Riviera Theater Recommendations: Comfortable walking shoes & sunscreen.
Meet your colleagues for a reception at the historic Art Deco style Riviera
Theater. The event will feature heavy hors d’oeuvres and entertainment.

or local tours - details enclosed.

Sponsored by:
Detailed Tracks Enclosed

groupres@charlestonplace.com
Plus Other Conference Updates!

(Must be made by June 24th)

Tuesday, July 27, 7:00 pm - 9:00 pm Wednesday, July 28, 6:00 pm - 11:00 pm
A Moment in the Lowcountry - Installation Banquet - Grand Ballroom
Charleston Place Hotel Join us at the closing Installation Reception, sponsored by Multi-Bank Securities,
Are you looking for a way to spend your Tuesday evening? Join other attendees Inc., and Banquet. Start the evening by enjoying light hors d’oeuvres and
to keep the momentum going with this special event at the Charleston Place entertaining colleagues. Continue the night with a banquet and installation of
Hotel. APT US&C’s new Board of Directors. Wear your dancing shoes for the after
dinner ball with the featured “Heart & Soul” band. We will also announce the
Sponsored by:

www.aptusc.org!
recipient (s) of the Phillips Award. Please be sure to pre-register your guest(s).

“Coasting the Current

Reception sponsored by:

Tuesday, July 27 - Shotgun Start at 2:00pm Live Music: Heart & Soul Trends in Public Treasury”
Golf Tournament Your friends and colleagues will enjoy listening
Enjoy an afternoon of world class golf at Turtle Point Golf Course on Kiawah and dancing to one of the Lowcountry’s finest
Island; home of the Senior PGA Tournament in 2007 and host of the PGA bands, HEART & SOUL. Led by the multi- APT
Tour in 2012. Includes green fees, range balls, shared cart and a boxed lunch. talented Jerome Griffin (bass/vocals) and his Charleston, SC
Cost is $50.00 treasurers / $100 non-treasurers. Contact Martha Bluemel at lovely wife Pearl (vocals/percussion), HEART 2010
(800) 833-4758 to register. & SOUL have a captivating sound that blends Coasting the Current
Trends in Public Treasury

Sponsored by: funk, vintage soul, and classic R&B with South July 25-28, 2010

Carolina roots.