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David D. Spaulding, CIPM, and Steven W. Stone examine best practices when introducing a new product, understanding what disclosures should be made when presenting back-tested performance, and presenting this information in relation to the GIPS standards. Please note that text may be difficult to read in this recording. The presentation slides are available for download in the video player.

About the Speaker(s)

Steven W. Stone
Steven W. Stone

Steven W. Stone is a partner at Morgan, Lewis & Bockius LLP. He is a securities lawyer who counsels clients on regulations governing broker/dealers, investment advisers, bank fiduciaries, and pooled investment vehicles. Head of the firm’s financial institutions practice, Mr. Stone counsels most of the largest and most prominent US broker/dealers, investment banks, investment advisers, and mutual fund organizations. He regularly represents clients before the US Securities and Exchange Commission, both in seeking regulatory relief and assisting clients in enforcement or examination matters. Mr. Stone advises major US broker/dealers in the private wealth and private client businesses that offer investment advice and brokerage services to high-net-worth clients and broker/dealers serving self-directing clients. He works as counsel on various matters to the Securities Industry and Financial Markets Association’s private client committee and serves as counsel to the Money Management Institute. Mr. Stone advises broker/dealers and investment advisers in the managed account or wrap fee area and counsels various institutional investment advisers and banks on investment management issues, including conflicts, trading, disclosure, advertising, distribution, and other ongoing regulatory compliance matters. He holds a BA from Bates College and a JD from George Washington University National Law Center.

David D. Spaulding, CIPM
David D. Spaulding CIPM

David D. Spaulding, CIPM, is the founder and CEO of The Spaulding Group, Inc. He has more than 40 years of experience in management and technology, including more than 30 years in the financial sector. Dr. Spaulding has conducted training classes for clients, CFA Institute, and CFA Societies. He has authored four books, been co-author or editor of five more, and written numerous articles for various industry publications. Dr. Spaulding has served on a variety of industry committees and working groups. He earned a BA in mathematics from Temple University, an MS in systems management from the University of Southern California, an MBA in finance from the University of Baltimore, and a doctorate in finance and international economics from Pace University.