Banco Popular de Puerto Rico

Joe Guarino is the Head of Fixed Income, Currency, and Commodity Electronic Trading Sales for the America's at Bloomberg, the world’s largest and most widely used fixed income and foreign exchange trading platform. Joe is the Sales Manager of Bloomberg's multi-asset class swap execution facility, Bloomberg SEF LLC. He is responsible for driving the electronic trading strategy across multiple asset classes, taking into account evolutionary changes in market structure due to regulation. Joe is graduate of Rider University, with a B.S. in Finance.

Mr. Melton is currently Executive Vice President-Legal and Compliance at Coastal Securities, Inc. in Houston. �He has served Coastal as Chief Compliance Officer since 2003, and has held his current title since 2006. He has spent his entire career in the securities industry at regional broker dealers focused on fixed income securities.� His professional experience includes the areas of institutional sales, public finance and operations as well as compliance.� Mr. Melton is past president of the Arkansas Corporate Counsel Association, a past chairman of the FINRA District 6 Committee and is a past� member and Treasurer of the Board of Directors of the Bond Dealers of America.� He is currently serving a three year term on the FINRA Small Firm Advisory Board (SFAB).� His education includes a BSBA in Finance from the University of Arkansas and a J.D. from the University of Arkansas at Little Rock.�� He holds a license to practice law in the State of Arkansas and FINRA Series 7, 63, 24, 27, 53 and 79 securities licenses.��

Robert J. Stracks is Of Counsel in the Chicago office of Quarles & Brady LLP, a Milwaukee-based national law firm of over 500 attorneys.� Prior to joining Quarles in September, 2015, Bob represented municipal securities dealers as both outside and in-house counsel over a 40 year period.� From 2005-2014, he was counsel to BMO Capital Markets GKST Inc., with complete responsibility for all regulatory matters regarding that firm's internal compliance matters as well as all of its public finance investment banking activities.� Bob received his A.B. from the University of Michigan and his LL.B from Harvard Law School, magna cum laude, where he was a member of the Board of Editors of the Harvard Law Review. �

John is the CEO of the North Park (Ill.) Public Water District and Immediate Past-President of the American Water Works Association.John has worked in the water industry for more than 35 years and actively involved with AWWA for almost 30 years. He has a degree in Environmental Engineering and is certified to operate both Water and Wastewater Treatment facilities at the highest level.During his career, John has been actively engaged in the legislative and regulatory process related to water issues both in the State of Illinois and Washington DC. He regularly lobbies elected officials for improvements in capital project financing which includes the State Revolving Loan Fund program. Most recently, John worked closely with AWWA to lobby the US Congress to approve a new capital finance mechanism called the Water Infrastructure Finance Innovation Authority (WIFIA). The program was approved by Congress and signed by the President in 2015.John has utilized both the conventional bond market and State of Illinois Revolving Loan Program to fund many capital projects throughout his career totaling more than $75 million.John and his wife Debbie reside in Roscoe, Illinois with their son Johnny. They have a married daughter Jill (Todd) Johnson and are the proud grandparents of 3 grandchildren. ���

Mr. Field is a partner in Orrick's Public Finance Group and the co-chair of Orrick’s School and Community College�Finance/General Obligation Bonds Practice Group.� He is also a member of Orrick's Leasing Practice Group, Assessment/Mello-Roos Practice Group,�Revenue Practice Group and Redevelopment Practice Group.Mr. Field has extensive experience as bond counsel, disclosure counsel and underwriter's counsel in the financing techniques used by school and community college districts, cities,�counties and redevelopment agencies in California.� His practice focuses on local governmental infrastructure financing, including general obligation bond financing, municipal lease financing, land-secured financing and redevelopment financing, as well as tax and revenue anticipation note (TRAN), pension obligation and other post-employment benefit (OPEB) obligation financings.� Mr. Field serves as the lead attorney for the California School Boards Association's annual tax and revenue anticipation note pool, which consisted of 149 participants in 2009.Mr. Field has appeared as a speaker at the following conferences and seminars.

Sara Oberlies Brown�has worked in municipal finance since 1996, beginning her career in Washington D.C. lobbying for publicly-financed affordable housing and moving into investment banking in 1997. Ms. Brown specializes in land-secured, tax increment, water/wastewater and general government financings. Since joining Stifel in 2000, she has helped structure and bring to market more than 250 financings totaling more than $5 billion.Ms. Brown graduated from Syracuse with a Bachelor's degree in Economics. She received a Master's degree in Public Management from the University of Maryland. She serves as the co-branch manager of the San Francisco office and maintains Series 52 and 63 licenses.

Eileen Gallagher�is a Managing Director in the San Francisco Public Finance office of Stifel. Ms. Gallagher joined Stone & Youngberg in 1998 and Stifel with its acquisition of Stone & Youngberg in 2011. Ms. Gallagher focuses on general government, utility, and infrastructure financing projects for municipal borrowers in California and Nevada. Her experience includes lease-backed financing, enterprise revenue, tax allocation bonds, community facilities districts, assessment districts, general obligation, and pooled revenue credits.Ms. Gallagher earned a Bachelor of Arts degree in cognitive science from Brown University and a Master of Business Administration in finance and marketing from Northwestern University's Kellogg Graduate School of Management. Ms. Gallagher maintains Series 7 and 63 licenses.

Cyrus Torabi is a shareholder in the public law department of Stradling Yocca Carlson & Rauth (the “Firm”).� Mr. Torabi has been with the Firm since 2008 and previously worked as a real estate transactional attorney with Orrick, Herrington & Sutcliffe LLP in Los Angeles, California and Higgs, Fletcher & Mack LLP in San Diego, California.� Mr. Torabi graduated with high honors from the University of California, Davis with a bachelor of arts degree in International Relations and obtained his juris doctorate from Georgetown University Law Center.� Mr. Torabi has experience in all areas of public finance and has a particular focus on water and wastewater utility financings and lease revenue bond transactions.� Mr. Torabi has acted as bond counsel and/or disclosure counsel in connection with financings for The Metropolitan Water District of Southern California, Cucamonga Valley Water District, Eastern Municipal Water District, Inland Empire Utilities Agency, Castaic Lake Water Agency, Santa Clara Valley Water District, Delano-Earlimart Irrigation District, East Valley Water District, El Dorado Irrigation District, Goleta Water District, Montecito Water District, Orange County Water District, San Bernardino Valley Municipal Water District, Sacramento Suburban Water District, South Coast Water District, West Basin Municipal Water District, Westlands Water District, Yorba Linda Water District and the Cities of Oceanside, Salinas, Corona, Ventura and Escondido, among others.��

Dan Walters has been a journalist for more than a half-century, spending all but a few of those years working for California newspapers. At one point in his career, at age 22, he was the nation’s youngest daily newspaper editor.����������� He joined The Sacramento Union’s Capitol bureau in 1975, just as Jerry Brown began his governorship, and later became the Union’s Capitol bureau chief. In 1981, Mr. Walters began writing the state’s only daily newspaper column devoted to California political, economic and social events and in 1984, he and the column moved to The Sacramento Bee. He has written more than 8,500 columns about California and its politics and his column now appears in more than 50 California newspapers.����������� Mr. Walters has written about California and its politics for a number of other publications, including The Wall Street Journal and the Christian Science Monitor. In 1986, his book, “The New California: Facing the 21stCentury,” was published in its first edition. He is also the founding editor of the “California Political Almanac,” the co-author of a book on lobbying entitled “The Third House: Lobbyists, Money and Power inSacramento,”and contributed chapters to two other books, “Remaking California” and “The New Political Geography of California. He is also a frequent guest on national television news shows, commenting onCaliforniapolitics.� ���

Kathleen M. Marcus is co-chair of Stradling's Enforcement Defense and Investigations Practice.Ms. Marcus’ practice focuses on government and regulatory enforcement defense, internal investigations, and compliance counseling. As a former Senior Counsel with the Securities and Exchange Commission (SEC), Ms. Marcus is experienced in representing and advising clients who become the target of government investigations.Ms. Marcus has represented numerous clients in the municipal arena before the SEC, including the SEC’s investigations into the City of Bell and the City of Beaumont.� She has advised cities, school districts, investment bankers and financial advisors who have come under SEC scrutiny for alleged securities violations.��