UMD’S CENTER FOR FINANCIAL POLICY CO-HOSTS "SYSTEMIC RISK AND DATA ISSUES" CONFERENCE

MEDIA ALERT: September 22, 2011
For finance, economic, and regulatory reporters, editors and producers

UMD’S CENTER FOR FINANCIAL POLICY CO-HOSTS "SYSTEMIC RISK AND DATA ISSUES" CONFERENCE
U.S. Sen. Jack Reed (RI), Rob Engle (NYU, Nobel Laureate), Andy Lo (MIT) to keynote

The Center for Financial Policy at the University of Maryland’s Robert H. Smith School of Business will co-host a “Systemic Risk and Data Issues” conference, October 5-6, 2011, at the Ronald Reagan Building & International Trade Center, Washington, D.C. The Smith School has partnered with the Salomon Center for the Study of Financial Institutions at the NYU Stern School of Business, the Center for Financial Markets at Carnegie Mellon’s Tepper School of Business, and the Fisher Center for Real Estate and Urban Economics at UC Berkeley’s Haas School of Business. The conference will explore how systemic risk erupts in the financial sector, how to measure it, and possible solutions. Additional information, including a full agenda and a list of academic research that will be presented, is available online.

What:

Conference on Systemic Risk and Data Issues – Inspired by the Dodd-Frank Act and the U.S. Treasury’s newly established Financial Stability Oversight Council and Office of Financial Research, this two-day event brings together academics and major players from government and financial industry to collaborate and discuss cutting-edge research on systemic risk and data issues that could have big impact on policy.

When:

Wednesday, October 5, 2011, 8:30 a.m. – 5 p.m.

Agenda highlights:

• 8:45-9:30 a.m. Opening Keynote Speech – U.S. Senator Jack Reed (RI)
• 9:30–10:45 a.m. Session # 1: Government guarantees and systemic risk
• 11 a.m.-12:15 p.m. Session #2: Global linkages, sovereign risk, and systemic risk measurement
• 1-2 p.m. Keynote Speech - Robert Engle, Michael Armellino Professor of Finance (Nobel Laureate), New York University
• 2-3:30 p.m. Data Panel
• 3:45-5 p.m. Shadow Banking and Keynote speech: Andrew Lo, Harris & Harris Group Professor, Massachusetts Institute of Technology

Thursday, October 6, 2011, 9 a.m. – Noon

Agenda highlights:

• 9-10:15 a.m. Paper Session # 3: Mortgage data and incentives
• 10:30-11:45 a.m. Regulatory Panel: Richard Berner, Counselor to the Secretary of the Treasury, Office of Financial Research; Andrei Kirilenko, Chief Economist, Commodities and Futures Commission; Craig Lewis, Chief Economist and Director of the Division of Risk, Strategy, and Financial Innovation, Securities and Exchange Commission; Art Murton, Director, Division of Insurance and Research, Federal Deposit Insurance Corporation

Where:

Pavilion Room
Ronald Reagan Building & International Trade Center
1300 Pennsylvania Avenue N.W., Washington, D.C. 20004

Event website: www.rhsmith.umd.edu/cfp/events/2011/confSystemicRisk1011.