March 20, 2015

Discusses the politics behind financial regulation, both at the legislative and administrative agency level. Considers what provides the impetus for reform and what political factors influence the process of lawmaking? Also addresses regulatory capture, industry lobbying, and the variety of external factors that have led to the passage of recent legislative actions, such as Dodd-Frank and the JOBS Act, as well as regulatory enforcement actions.

This panel focuses on modern theories related to internal and external risk management practices of financial institutions. Panelists discuss how Dodd-Frank, Basel III, and other securities reforms have affected risk management strategies and whether these reforms have addressed pre-crisis risk management failures and are capable of detecting current systemic vulnerabilities. Panelists also discuss risk management conducted by regulators in their supervisory capacity and the effectiveness of these ongoing and newly-created powers.

Georgia was the epicenter of bank failures in the recent financial crisis. This panel discusses issues related to the federal and state agencies that oversee the financial sector: the Federal Reserve, the FDIC, the OCC, the SEC, the DBF (State of Georgia), and the newly created FSOC and CFPB. The financial crisis spurred major changes in agency structure and power as well as the creation of new regulatory bodies. Panelists discuss how these agencies interact with the regulated and how their organization and processes have shifted after the financial crisis and reforms that followed.