SCI's 3rd ANNUAL MARKETPLACE LENDING
SECURITISATION SEMINAR

26 OCTOBER 2017, New York


- in association with





Venue: 250 West 55th Street, New York, NY 10019

 

 

KINDLY SUPPORTED BY

 

 

      

         
              

 

                      


REGISTRATION DETAILS

Seminar Update, 20 October: 200 + set to attend

Delegate rate: $767

CLICK HERE TO REGISTER



AGENDA

11.30 REGISTRATION & LIGHT LUNCH

12.00 OPENING REMARKS: Corinne Smith, Editor, SCI; Henry Morriello, Partner, Head of Structured Finance & Derivatives, Arnold & Porter Kaye Scholer

12.05 REGULATORY CHALLENGES & DEVELOPMENTS
Which regulatory challenges remain for the marketplace lending industry to overcome (true lender status, Madden vs Midland Funding etc.)? 
Which authority regulates marketplace lenders and how does this affect the industry’s progress (the SEC, OCC, CFPB)?
If the SEC regulates marketplace lenders, will the loans be classed as a security? Will this affect outstanding and/or subsequent ABS issuance?
Are rep and warranty, verification and infrastructure provisions adequate?

Panel includes:
Henry Morriello, Arnold & Porter Kaye Scholer
Brian Victor, VP & Associate General Counsel, SoFi
Timothy Saunders, Managing Director and Associate General Counsel, Goldman Sachs
Chris Gigliotti, PwC
Ross Wallin, Grais & Ellsworth


12.55 Networking Break

1.20 STRUCTURING CHALLENGES & THE EVOLUTION OF MARKETPLACE LOAN ABS
How has the securitisation of marketplace loans developed since the early transactions? 
Have marketplace ABS structures evolved and improved over time? 
How has the implementation of risk retention rules affected structuring and pricing?
Have lessons been learned over time, such as building in greater levels of credit enhancement after the higher-than-expected losses seen in the early deals?

Panel includes:
Henry Morriello, Arnold & Porter Kaye Scholer
Rich Eimbinder, SoFi
Milo Raimondi, Morgan Stanley
Ege Tanor, Insikt
Perry Rahbar, dv01


2.10 Networking Break

2.30 THE INVESTOR PERSPECTIVE
How does marketplace ABS stack up against other asset classes in terms of relative value? 
Does marketplace ABS provide enough diversification for investors and are they compensated for the risks associated with a less established asset class? 
How do investors approach marketplace ABS? Do they view it as a homogenous or fragmented asset class?
Is there a liquid secondary market yet? If not, why not and does this hamper the sector?
Are investors seeking greater diversity, such as marketplace loans from the UK and China, for example? What are the challenges associated with adding new geographical exposures?

Panel includes:
Lawton Camp, Arnold & Porter Kaye Scholer
Brian Weinstein, Managing Partner & CEO, Blue Elephant Capital Markets
Zhengyuan Lu, Victory Park Capital
Arjun Kakar, Cantor Fitzgerald
Rishi Ganti, Orthogon Partners
Rennick Palley, Mark 2 Capital LLC


3.20 Networking Break

3.40 SMALL BUSINESS MARKETPLACE LENDING SECURITISATION
How is small business marketplace lending evolving, how will it continue to grow and how crucial is securitisation to its growth?
What are the challenges unique to small business marketplace lending and how does this affect platforms’ ability to securitise?
What sort of investor demand is emerging for small business MPL securitisations?
Will more platforms diversify their loan products and how will this improve their prospects?

Panel includes:
Lawton Camp, Arnold & Porter Kaye Scholer
Henry Morriello, Arnold & Porter Kaye Scholer
Alexander Prokhorov, Finsight VC
Michael Finkelstein, The Credit Junction
Arjun Batra, Lendable
Mike Karol, Arnold & Porter Kaye Scholer


4.30 THE FUTURE  OF MARKETPLACE LENDING & SECTOR INNOVATIONS:
What does the future hold for marketplace lending platforms and how will this affect outstanding/ future ABS? 
Will bank partnerships become more common and could this facilitate greater issuance volumes? Could it lead to better quality securitisations? 
Is platform consolidation likely to become a dominant theme? Will more banks develop their own platforms like Goldman Sachs’ Marcus and what will the impact be?

Panel includes:
Charles Moore, Global Debt Registry
Chuck Weilamann, DBRS
Jordan Selleck, DebtMaven
Allen Sheyanfekr, Sharestates
Nat Hoopes, MPL Association
Pratin Vallabhaneni, Arnold & Porter Kaye Scholer

5.20 COCKTAILS & NETWORKING

7.00 CLOSE

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