This session reviews the requirements of the Texas Public Funds Collateral Act and certain provisions of Federal law regarding responsibilities for maintaining value and security of public assets held in cash or in investment securities. Experienced public funds investment officers present best practices as well as issues in monitoring compliance with regulatory requirements throughout the term of the deposit or custody of the securities.

Upon completion, participants should be able to understand the legal requirements of state and federal law and evaluate the compliance status of both the public entity owning the assets and the financial institution holding the assets.