Jim Chrystal, CBOT
Patricia Mosley, CBOT
George Anagnos, LIFFE

Conference Welcome:
William Brodsky, Chairman, Chicago Board Options Exchange
Hugh Freedberg, Chief Executive, London International Financial Futures and Options Exchange
Official TBD, Chicago Board of Trade

Opening Address
Calvin Trillin, Columnist, Time; Staff Writer , The New Yorker

Carl Luft, DePaul University
Sheldon Natenberg, Independent Trader

Gerald A. Hanweck, Jr., J.P. Morgan
Vincent Hitchcock, Allstate Insurance Company

David R. Fraley, Rampart Investment Management Company, Inc.
Robert Scott, Public Employees' Retirement Association of Colorado

Robert Snigaroff, San Diego County Employees' Retirement System
Jay Feuerstein, Bear, Stearns & Co. Inc

Steven Schoenfeld, Barclays Global Investors

Jim Bittman, The Options Institute
Gary Trennepohl, Oklahoma State University

Ira Kawaller, Kawaller & Co., LLC
Bavan Holloway, KPMG Peat Marwick

Andre Van Den Berg, Stichting Pensoenfonds, ABP

Leo de Bever, Ontario Teacher's Pension Plan Board
Elisa Spain, EKS Consulting

Leslie Rahl, Capital Market Risk Advisors
Afsaneh Mashayekhi Beschloss, World Bank

Paul B. Stephens, CBOE

Tom Schneeweis, University of Massachusetts

Laura B. Friedman, Chase Alternative Asset Management, Inc.
William P. Miller II, Commonfund

Keynote Address
Wayne Angell, Chief Economist, Bear Stearns

Ken Drucker, Sequa Corporation
Jean-Francois Heitz, Microsoft Corporation
Maile Hulihan, Treasury and Risk Management

Rick Farber, Kayne Anderson Investment Management
Kyle Rosen, Strome Susskind Investment Management, L.P.

Chris A. Hynes, State Street Global Advisors
Alex Matturri, The Bank of New York

Randall Kirkland, Asset Consulting Group
Susan Slocum, Children's Hospitals and Clinics

Roland Lochoff, PanAgora Asset Management

Michael Dweck, Goldman, Sachs & Co.
Mark Fichtenbaum, Twenty-First Securities Corporation

Judy Bednar, Northern Trust Quantitative Advisors
Wayne Wagner, Plexus Group

Izzy Nelken, Super Computer Consulting, Inc.
Stephen Stone, Allstate Insurance Company

Nassim Taleb, Paribas Capital Markets

Dan Colarusso, TheStreet.com
Jim Hackley, Charles Schwab & Co.
Wayne Daniel, Daniel Consulting
Ezra Zask, CP Risk Management

THE 14TH ANNUAL RISK MANAGEMENT CONFERENCE

JANUARY 28 TO JANUARY 31, 1998

THE DORAL RESORT

MIAMI, FLORIDA

CONFERENCE Welcome:

Pat Arbor, Chairman, Chicago Board of Trade

William Brodsky, Chairman, Chicago Board Options Exchange

Jack Sandner, Chairman, Chicago Mercantile Exchange

Jack Wigglesworth, Chairman, London International

Financial Futures and Options Exchange

Keynote Address:

José Piñera, International Center for Pension Reform

David Goerz, Wellington Management Company

Polly Shouse, Mellon Capital Management

Tony Foley, Pareto Partners

Virginia Reynolds Parker, Parker Global Strategies

Jim Bittman, The Options Institute

Gary Trennepohl, Oklahoma State University

Robert Jaeger, Evaluation Associates, Inc.

Tom Schneeweis, University of Massachusetts

Claudia Mott, Prudential Securities

Al Neubert, Standard & Poor's

John A. Prestbo, Dow Jones Global Indexes

Walter G. Sall, Gateway Investment Advisers

Steve Strongin, Goldman Sachs

Tom Cooper, Grantham Mayo Van Otterloo & Co

Barbara Jarriel, Florida State Board of Administration

Shelly Natenberg, Independent Trader

Keynote Address:

Abby Joseph Cohen, Goldman Sachs

John Fitzpatrick, Union Carbide

Maile Houlihan, Editor, "Treasury & Risk Management"

Roland Lochoff, PanAgora Asset Management

Chris Innes, Salomon Brothers

Leo de Bever, Ontario Teachers' Pension Plan Board

Ruaridh MacDonald, Kleinwort Benson Investment Management (London)

Michael Lipper, Lipper Analytical

Ira G. Kawallert, Independent Consultant/Senior Advisor to the CME

Neel Foster, FASB

Robert Wilkins, FASB

James Johnson, Deloitte & Touche

Richard E. Ballsrud, Clifton Group

Tom Allen, Advanced Investment Management

Greg McMurran, Analytic · TSA Global Asset Management

Donald Galante, Dresdner Bank

Barry B. Burr, Editor, Pensions and Investments

Featured Speaker: Richard H. Thaler, Professor of Behavioral Science and Economics, University of Chicago

Kenneth I. Fisher, Fisher Investments Inc.

David N. Dreman, Dreman Value Advisors

THE 13TH ANNUAL RISK MANAGEMENT CONFERENCE

JANUARY 29 TO FEBRUARY 1, 1997

LOEWS BENTANA CANYON RESORT

TUCSON, ARIZONA

CONFERENCE Welcome

Pat Arbor, Chairman, Chicago Boad of Trade

Duke Chapman, Chairman, Chicago Board of Options Exchange

Jack Sandner, Chairman, Chicago Mercentile Exchange

Jack Wigglesworth, Chairman, London International Financial Futures & Options Exchange

The Options Markets: A Cornerstone of U.S. Capital Markets Today - Remarks by Chairman Arthur Levitt at the13th Annual Risk Management CONFERENCE, Tucson, Arizona, January 30, 1997.

Remarks by Chairman Arthur Levitt

US Securities & Exchange Commission

13th Annual Risk Management CONFERENCE

Tucson, Arizona -- January 30, 1997

Arthur Levitt, Chairman, Securities & Exchange Commission

Samuel R. Telzer, Coopers & Lybrand

Vincent E. Villinski, Coopers & Lybrand

Synthetic Index Replication - FL, EQ

Robert Harless, Lotsoff Capital Management

Roland Lochoff, Panagora Asset Management

Sheldon Natenberg, Independent Trader

Michael J. Clowes, Pensions & Investments

Michael DeMarco, GTE

Peter L. Bernstein author of Against the Gods

Jay Feuerstein, PaineWebber

Harin de Silva, Analytic TSA Global Asset Management

Maile Hulihan, Treasury & Risk Management

Lynn Lane, Burlington Industries

Marsha Prentiss, Hitachi Data Systems

Per Stahlkrantz, Nynex Corporation

Chrisropher M. McGhee, Guy Carpenter & Company

Richard Sandor, Centre Financial Products

Paul M. Murray, Marsh & McLennan Financial Markets

John Goodwin, Northern Investments

Paul Kasriel, The Northern Trust Bank

Michael Joseph, Ernst & Young

Douglass Rees, Merck & Co., Inc.

Jack Mosevich, Harris Investment Management

Philip Wilson, Bank of Montreal

Walter G. Sall, Gateway Investment Advisors, Inc.

Michael L. Meyer, Schiff, Hardin & Waite

Amy Hirch, Paradigm

Mark Zurack Goldman, Sachs & Co.

Christopher Hamilton, KPMG Peat Marwick

Donna Moran Bankers, Trust Company

Galen Burghardt, Dean Witter

Eric Burns, Bank of Tokyo-Mitsubishi

Graham Bishop, Salomon Brothers International Ltd.

Roger Kubarych, Henry Kaufman & Associates

Marshall Acuff, Smith Barney Inc.

Drew Brahos, Bank of America

12th ANNUAL RISK MANAGEMENT CONFERENCE

JANUARY 24-27, 1996

PGA NATIONAL RESORT & SPA

PALM BEACH GARDENS, FLORIDA

Robert Brusca, Nikko Securities Co. Interntional, Inc.

Emanuel Derman, Goldman, Sachs & Co.

Mark Ruginstein, University of California, Berkeley

Patrick H. Arbor, Chairman, Chicago Board of Trade

Alger B. Chapman, Chairman & CEO, Chicago Board Options Exchange

Jack Wigglesworth, Chairman, London International Financial Futures & Options Exchange

Tom Wolfe

Best selling author and preeminent social commentator

George Anagnos, LIFFE

Gary L. Trennepohl , Texas A&M University

Terry Belton, J.P. Morgan Futures Inc.

Laurence Mollner, Chairman, Futures Industry Association

Hon. Thomas E. Rossin, Florida State Senate

Jim Meisner, Greenwich Capital Management

Michael Austin, University ot Nevada,Reno

Charles Donaghey, Merrill Lynch

Robert Brusca,, Chief Economist, Nikko Securities Co. International, Inc.

Richard A. Reilly, Marsh & McLennan Companies, Inc.

Ken Cunningham, Gnosis, Inc.

Mark R. Turner, Federal Home Loan Bank of Chicago

Albert S. Neubert, Standard & Poor's Corporation

Raphael de Santos, Deutsche Morgan Grenfell

Richard E. Ballsrud, The Clifton Group

Chris Plona, Risk Resources

Tony Bohannon, Bohannon Capital

Eric H. Sorensen, Salomon Brothers Inc.

Christopher J. Smith, Federated Investments

Ronald J. Ryan, Ryan Labs Inc.

Karen Gibbs, CNBC

Mark Rubinstein, Univesity of California, Berkeley

Emanuel Derman, Goldman, Sachs & Co.

11th ANNUAL RISK MANAGEMENT CONFERENCE

FEBRUARY 22-25, 1995

LA COSTA RESORT & SPA

CARLSBAD, CALIFORNIA

Patrick H. Arbor, Chairman, Chicago Board of Trade

Alger B. Chapman, Chairman & CEO, Chicago Board Options Exchange

Nicholas Durlacher, Chairman, London International Financial Futures & Options Exchange

David M. Jones, Chief Economist, Aubrey G. Lanston & Co. , Inc.

Robert A. Strong, Ph. D., University of Maine

Cristina I. Ray, Financial Markets Interntional, Inc.

Chris R. Hensel , Frank Russell Company

Laura Friedman, Dawson-Samberg Capital, Management Inc.

Edwin C. Gallison, Rampart Investment, Management Company Inc.

George Anagnos, LIFFE

James Chrystal, CBOT

James B. Bittman, The Options Institute

Gary L. Trennepohl, Ph. D., Texas A&M University

Emanuel Derman, Ph. D. Goldman, Sachs & Co.

Joanne M. Hill, Ph. D., Goldman, Sachs & Co.

Paul Nadler, Ph. D., Professor of Finance, Rutgers University

Tim Breedon, Legal & General Investment Management Ltd.

R. Max Darnell, First Quadrant Corp.

David Meagher, Loyola University Chicago

Emmett J. Harty, Ibbotson/Harty Derivatives Consulting

Paul Knudsvig, Alliance Capital, Management Corporation

Paul Boland, Country of San Diego, Retirement Association

Joseph G. Nicholas, Hedge Fund Research, Inc.

Peter Juhl, Baring Securities Inc.

Albert S. Nuebert, Standard & Poor's Corporation

Peter Madsen, Strome Susskind & Co.

William K. Michaelsheck, Mariner Investment Group

Alex Carpenter, LIFFE

Andrew Large, Chairman, Securities Investment Board

Arthur Levitt, Chairman, Securities and Exchange Commission

Mary L. Schapiro, Chairman, Commodity Futures Trading Commission

THE 10TH ANNUAL RISK MANAGEMENT CONFERENCE

FEBRUARY 2-5, 1994

STOUFFER VINOY RESORT

ST. PETERSBURG, FLORIDA

CONFERENCE Welcome

Patrick H. Arbor, Chairman, CBOT

Alger B. Chapman, Chairman & CEO, CBOE

George Will, Syndicated Columnist

Robert A. Strong,, Ph. D., University of Maine

Terrence M. Belton,, J.P. Morgan Bank

Vincent J. Bailey, Jr., CFA, BEA Associates, Inc.

Dragana Pilipovic, Sava Risk Management Consulting

Peter W. Thayer, CFA, Gateway Investment Advisers, Inc.

David G. Depew, TSA Capital Management

Daniel J. Rudd, Chicago Board of Trade

Gary L. Trennepohl, Ph. D., Texas A&M University

James B. Bittman, The Options Institute

G. Kevin Bruce, Signet Strategic Capital

Sheldon Natenberg, Independent Options Trader

James Grant, Editor, Grant's Interest Rate Observer

Andrea Kramer, McDermott, Will and Emery

Richard J. Shapiro, Grant Thorton

Richard Pike, RP Consulting

Joseph Levin, CBOE

Mark Turner, Federal Home Loan Bank of Chicago

Charles Richard, Quantitative Risk Management

Jack L. Hansen, CFA, The Clifton Group

Charles M. Kelso, Jr., World Capital Management

Thomas Zimmerman, Illinois Teachers' Retirement System

Brant DeMuth, Colorado Public Employees' Retirement Association

Jay Rafeldini, Nippon Credit Bank

Eric H. Sorensen, Ph. D., Salomon Brothers Inc.

Lou Dobbs, Senior Vice President, CNN & Managing Editor, CNN Business News