Agenda

Thursday April 6, 2017

7:00pm Optional dinner for those in town, Co-op Restaurant, 20 S. 33rd Street, Philadelphia, 19104

Friday, April 7, 2017

All events at 3730 Walnut G60, unless otherwise marked

9:30am – 9:55am Breakfast

9:55am – 10:00am Welcome, Peter Conti-Brown and David Zaring

10:00am – 11:30am Panel #1: Supervision, Monitoring, and Accountability

Speaker #1: Peter Conti-Brown, The Wharton School of the University of Pennsylvania, “The Banker’s Thumb: The History of Bank Supervision in the from the Civil War to

Commenter: Howell Jackson,

Speaker #2: Eric Hilt, Wellesley College (Economics), “Investment Banks as Corporate Monitors in the Early 20th Century United States.”

Commenter: Vince Buccola, The Wharton School, of the University of Pennsylvania

Speaker #3: Sean Vanatta, Princeton University, “Federalism and America’s Postwar Credit System”

Commenter: Robert Hockett, Cornell Law School

11:30am – 11:45am Special guest commenter: Daniel Tarullo

11:45am – 12pm Break

12:00pm – 1:30pm Panel #2: Market Structure

Speaker #1: Jack Bao, Board of Governors of the System, “The Volcker Rule and Market-Making in Times of Stress”

Commenter: Krista Schwarz, The Wharton School of the University of Pennsylvania

Speaker #2: Anna Gelpern, Law Center, “Shadow Banking as Crisis Meme and Regulatory Heuristic”

Commenter: Jeffrey Gordon, Columbia Law School

Speaker #3: Christina Skinner, Brooklyn Law School, “Regulating Nonbanks”

Commenter: David Zaring, The Wharton School of the University of Pennsylvania

1:30pm – 2:30pm Lunch Keynote: Don Kohn

2:30pm – 4:00pm Panel #3: International Coordination

Speaker #1: David Zaring, The Wharton School of the University of Pennsylvania, “The Foreign Affairs of the Federal Reserve”

Commenter: Morgan Ricks, Vanderbilt Law School

Speaker #2: Susan Thomas, Indira Gandhi Institute for Development Research, “The Rule of Law and International Competitiveness”

Commenter: Stavros Gadinis, Berkeley Law School

Speaker #3: Georg Ringe, University of Hamburg, “The Irrelevance of Brexit for the European Financial Market”

Commenter: Erik Gerding, University of Colorado-Boulder Law School

4:00pm – 4:30pm Break

4:30pm – 6:00pm Panel #4: Central Banking

Speaker #1: Maria Del Tedesco Lins, University of Sao Paolo Law School, “Emerging Markets’ Central Banks: ‘New Normal’ or Business as Usual?”

Commenter: Adam Feibelman, Tulane Law School

Speaker #2: Camila Duran, University of Sao Paolo Law School, “The Brazilian Lenders of Last Resort: How the Diffusion of Monetary Authority Changed the Institutional Financial System Design in the Post-2008 Crisis”

Commenter: Dan Awrey, Oxford University

Speaker #3: Ajay Shah, National Institute for Public Finance and Policy, “The Rule of Law and Fundamental Financial Reform in India”

Commenter: Michael Barr, University of Michigan Law School

7:00 Conference Dinner – Ochatto, 3717 Chestnut Street, Philadelphia, 19104

Saturday, April 8, 2017

8:30am – 9:15am Breakfast 9:15am – 10:45am Panel #5: Shocks and Financial Innovation Speaker #1: Atif Mian, Princeton University Department of Economics, “Credit Shocks, Household Credit and Business Cycle Amplification” Commenter: Itay Goldstein, The Wharton School of the University of Pennsylvania Speaker #2: Kate Judge, Columbia Law School, “Regulation and Investor-Driven Financial Innovation” Commenter: David Skeel, University of Pennsylvania Law School Speaker #3: Yesha Yadav, Vanderbilt Law School, “Equity Suppliers in Bank Regulation” Commenter: Peter Conti-Brown, The Wharton School of the University of Pennsylvania 10:45am – 11:00am Break 11:00am - 12:30pm Panel #6: Government Structure Speaker #1: Saule Omarova, Cornell Law School, “Private Wealth and Public Goods: A Case for a National Investment”

Commenter: Chris Brummer, Georgetown University Law Center

Speaker #2: Patricia McCoy, Boston College Law School, “Knightian Uncertainty, Systemic Risk Regulation and the Limits of Judicial Review”

Commenter: Randy Guynn, Davis Polk LLP

Speaker #3: Dan Schwarcz, University of Minnesota Law School, “Regulation by Threat: Understanding Dodd-Frank's Regulation of Systemically Significant Non-Bank Financial Companies”

Commenter: Meg Tahyar, Davis Polk LLP

12:30 Lunch for those who can stay

List of participants:

Awrey, Daniel (Oxford Law) Bao, Jack (Federal Reserve) Barr, Michael (Michigan Law) Brummer, Chris (Georgetown Law) Buccola, Vince (Penn/Wharton) Conti-Brown, Peter (Penn/Wharton) Duran, Camila (University of Sao Paulo) Feibelman, Adam (Tulane Law) Gadinis, Stavros (Berkeley Law) Gelpern, Anna (Georgetown Law) Gerding, Erik (Colorado-Boulder Law) Goldstein, Itay (Penn/Wharton) Gordon, Jeff (Columbia Law) Guynn, Randall (Davis Polk) Hilt, Eric (Wellesley Econ) Hockett, Robert (Cornell Law) Judge, Kathryn (Columbia Law) Kohn, Don (Brookings) Laufer, Bill (Penn/Wharton) McCoy, Pat (BC Law) Mian, Atif (Princeton Econ) Miller, Geoff (NYU Law) Omarova, Saule (Cornell Law) Ricks, Morgan (Vanderbilt Law) Ringe, Georg (University of Hamburg) Schwarz, Krista (Penn/Wharton) Schwarcz, Daniel (Minnesota Law) Shah, Ajay (National Institute for Public Finance and Policy) Skeel, David (Penn/Law) Skinner, Christina (Brooklyn Law) Tahyar, Meg (Davis Polk) Tarullo, Daniel (unaffiliated) Tedesco Lins, Maria (University of Sao Paolo) Thomas, Susan (Indira Gandhi Institute for Development Research) Vanatta, Sean (Princeton University) Yadav, Yesha (Vanderbilt Law) Zaring, David (Penn/Wharton)