PROGRAM
The two-day program will host four plenary sessions (all students) and eight special tracks (students select two) centered on unique areas of financial market regulation. Each track will host a 90-minute student paper presentation session and a 60-minute panel discussion on current industry trends and potential regulatory issues/considerations.
WEDNESDAY, AUGUST 11
Welcoming address at 9:55 a.m. Eastern Daylight Time (6:55 am Pacific / 2:55 pm London)
Plenary Panel 1. Research and public policy: discussion of bank regulation, corporate taxes, and ESG (10:00 a.m. – 11:15 a.m.)
- Tobias Adrian, Financial Counsellor of the IMF
- James Poterba, MIT and President NBER
- Jeremy Stein, Harvard University
- Sheridan Titman, University of Texas at Austin (moderator).
Day 1 Specialized Tracks (11:30 a.m. – 2:30 p.m.)
Student Paper Session: 11:30 a.m. – 1:00 p.m. ET
Panel Discussion: 1:30 p.m. – 2:30 p.m. ET
Bank Financial Intermediation
- Student paper session, Chaired by Anjan Thakor, Washington U, St Louis
- Panel discussion
- Allen Berger, University of South Carolina; Nicola Cetorelli, NYFRB; Diana Hancock, FRB; Joao Santos, NYFRB (Moderator)
Raising Capital
- Student paper session, Chaired by Jonathan Cohn, U. Texas at Austin
- Panel discussion
- Kathleen Hanley, Lehigh (moderator); Olga Itenberg, SEC; Michelle Lowry, Drexel University
Standard Setting, ESG, and Climate
- Student paper session, Co-chaired by Mary Barth, Stanford, and Jeffrey Hales, U. Texas at Austin
- Panel discussion
- Mary Barth, Stanford; Jeff Hales, U. Texas at Austin and Chair of SASB; John Schindler, Board of Governors (moderator); Rupert Thorne, Financial Stability Board
FinTech
- Student paper session, Chaired by Cesare Fracassi, U. Texas at Austin
- Panel discussion
- Cesare Fracassi, U. Texas at Austin (moderator); K. Jeremy Ko, Upstart; Igor Kozhanov, SEC; David Mills, Board of Governors
Plenary Panel 2. The Economics and Market Effects of ESG & Climate Risk (2:45 p.m. – 4:00 p.m.)
- John Cochrane, Stanford University and Hoover Institution
- Anil Kashyap, University of Chicago
- Laura Starks, University of Texas at Austin (moderator)
- James Stock, Harvard University
Day 1 Closing remarks 4:00 p.m. (1:00 p.m. Pacific / 9:00 pm London)
THURSDAY, AUGUST 12
Plenary Panel 3. Journal Editors on policy considerations in the editorial process (10:00 a.m. – 11:15 a.m.)
- Andrew Karolyi, Cornell University, past Executive Editor, Review of Financial Studies (moderator)
- Mark Lang, University of North Carolina, Editor, Journal of Accounting and Economics
- Amit Seru, Stanford University, Co-Editor, Journal of Finance
- Laura Veldkamp, Columbia University, member of Advisory Board, Journal of Economic Theory.
Day 2 Specialized Tracks (11:30 a.m. – 2:30 p.m.)
Student paper session: 11:30 a.m. – 1:00 p.m. ET
Panel discussion: 1:30 p.m. – 2:30 p.m. ET
Asset Management
- Student session, Chaired by Russ Wermers, U. Maryland
- Panel discussion
- Sean Collins, Investment Company Institute; Ananth Madhavan, BlackRock ; Alex Schiller, U.S. SEC; Russ Wermers, U. Maryland (moderator)
Corporate Governance, Conflict of Interest, and Disclosure
- Student session, Chaired by Jeff Coles, U. Utah
- Panel discussion
- Reena Aggarwal, Georgetown (moderator); Edward Knight, Nasdaq; Mattias Nilsson, U.S. SEC; SP Kothari, MIT
Forensic Finance and Accounting
- Student paper session, Co-chaired by John Griffin, U. Texas at Austin and Dan Taylor, Wharton
- Panel discussion
- Marco Enriquez, U.S. SEC; John Griffin, U. Texas at Austin; Jennifer Marietta, Cornerstone (moderator); Dan Taylor, Wharton
Technology and Trading
- Student paper session, Chaired by Kumar Venkataraman, SMU
- Panel discussion
- Gregg Berman, Citadel Securities; Jonathan Brogaard, U. Utah; Peter Dixon, U.S. SEC; Jonathan Sokobin, FINRA (moderator)
Plenary Panel 4. How academic research can inform security market policies (2:45 p.m. – 4:00 p.m.)
- Scott Bauguess, University of Texas at Austin (moderator)
- Larry Harris, USC
- Craig Lewis, Vanderbilty University
- Chester Spatt, Carnegie Mellon University
Conference Closing Remarks at 4:00 p.m. (1:00 p.m. Pacific / 9:00 pm London)
OTHER PROGRAM PARTICIPANTS AND ORGANIZERS
Albert S. (“Pete”) Kyle, University of Maryland; S.P. Kothari, MIT; Clemens Sialm, University of Texas at Austin
SPONSOR
The Salem Center for Policy at the McCombs School of Business, University of Texas at Austin. Program organizer, Scott Bauguess, Director, Program on Financial Markets Regulation, bauguess@mccombs.utexas.edu.