Email archiving, record keeping and compliance to be discussed at ACI Financial Conference

NEW YORK— May 25, 2005

The American Conference Institute (ACI) announces today two sessions devoted to safeguarding and monitoring email and other electronic data in the financial industry will form part of the Operational and Compliance Best Practices for Hedge Funds conference taking place on June16th 2005 in New York.

The use, monitoring and retention or email and other electronic data in the financial industry is a major issue in the wake of recent corporate scandals. Legislators and industry regulators have been taking steps to outline best practices and policies for securing and archiving sensitive electronic information.

The conference presentations represent the financial communities’ first opportunity to understand the current position on compliance with respect to electronic communication as well as offer an insight into the current regulatory perspective on the issue.

 “Companies need to have a clear understanding of how to write and implement email retention policies commensurate to their firm’s structure and size so they are prepared in the event of an inspection.” said Kelley Pelzer, Conference Director with ACI. “Getting the right systems in place to ensure early compliance could avoid investigations and possibly fines further down the road.”

The Best Practices for Hedge Funds conference takes place June 16th and 17th 2005 at the Marriott East Side Hotel, New York City. More information on these and other presentations can be found at www.AmericanConference.com/hfbestpractices
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The American Conference Institute is a leading provider of business information to the Legal, Financial and Pharmaceutical Industries. For more information please email Ramon Montes r.montes@americanconference.com or call 212 352 3220
A limited number of press passes are available for this event.