Georgetown Center for Financial Markets and Policy

Georgetown Center for Financial Markets and Policy Providing Thought Leadership for Global Finance http://finpolicy.georgetown.edu

@GUFinPolicy

Welcome, We are delighted by your interest in the Georgetown Center for Financial Markets and Policy at the McDonough School of Business. In this time of economic uncertainty and important regulatory changes, informed dialogue on global financial markets and the regulations that govern them proves increasingly important. From our location in Washington, D.C., the new global financial hub, we strive to: • • • •

Provide thought leadership for global finance; Develop innovative solutions to challenges facing the financial sector; Devise frameworks for financial regulation and policy; and Facilitate thoughtful, open discussions among leading scholars, practitioners, and policymakers.

Our faculty at Georgetown University plays an important role in conducting relevant and rigorous research that impacts practice and policy.

To learn more about the center, I invite you to read through this brochure and to visit our website: http://finpolicy.georgetown.edu.

Regards,

Reena Aggarwal, Robert E. McDonough Professor of Business Administration and Professor of Finance Director, Center for Financial Markets and Policy

About the Center Offering innovative and influential thought leadership, the Georgetown Center for Financial Markets and Policy fosters discussion on critical policy and regulatory issues related to global financial markets. The center hosts dialogues, conferences, and events involving industry, academia, and policymakers; provides a nonpartisan forum for informed discussion; sponsors relevant and impactful research on key global market issues; and engages students interested in finance.

Ideally situated in Washington, D.C., the university and its faculty take part in important conversations on key policy issues related to global financial markets. Georgetown University’s McDonough School of Business leads in the development and distribution of meaningful research. Through these activities, the center enriches the intellectual life of the university and conveys important information to regulators and the global community.

Center Leadership Director Reena Aggarwal, McDonough Professor of Business Administration and Professor of Finance Assistant Director Laura Schofield Advisory Board • Dasha Smith Dwin, Managing Director, Chief Human Resources Officer, Grosvenor Capital Management • John Garvey, Partner and Leader of U.S. Financial Services Advisory Practice, PwC • Catherine R. Kinney, former President and co-COO, NYSE • Michael Psaros, Co-founder and Managing Partner, KPS Capital Partners, LP • Laurence A. Tosi, CFO, The Blackstone Group

Featured Events and Speakers EVENTS

SPEAKERS

• Conference on the Future of Global Finance, co-sponsored by the Financial Times • Conference on Financial Regulation, co-sponsored by PwC • Conference on the Flash Crash, co-sponsored

by Booz Allen Hamilton and the Financial Times • Congressional Policy Briefing Series, co-sponsored by the Milken Institute • Financial Markets Quality, co-sponsored by the Financial Times • Panel Discussion on Capital Formation and Job Creation, co-sponsored by the Financial Times • CNBC’s “Million-Dollar Portfolio Challenge” • Women on Wall Street, co-sponsored by Georgetown’s student chapter of the Financial Management Association • Roundtable on the Future of Microfinance, co-sponsored

by ACCION International • Roundtable on Cybersecurity in Financial Services, co-sponsored by Booz Allen Hamilton • Finance and Accounting Research Seminar Series

• • • •

• • • • • • • • • • •

José María Aznar, former Prime Minister of Spain Sheila Bair, former Chairman, U.S. Federal Deposit Insurance Corporation Qi Bin, Director General, Research Center, China Securities Regulatory Commission Kathleen L. Casey, former Commissioner, U.S. Securities and Exchange Commission, and Distinguished Policy Fellow, Georgetown Center for Financial Markets and Policy Gary Gensler, Chairman, U.S. Commodity Futures Trading Commission Mario Gabelli, CEO, GAMCO Investors Naina Kidwai, CEO, HSBC India Rajeev De Mello, Head of Asian Fixed Income, Schroders Investment Management Norah O’Donnell, Co-host, CBS This Morning Mary Schapiro, Chairman, U.S. Securities and Exchange Commission Karim El Solh, CEO, Gulf Capital Peter Ng Kok Song, CIO, Singapore Investment Corporation Andrew Ross Sorkin, Author of Too Big to Fail Larry Summers, former Director of the National Economic Council, White House John Vitalo, CEO, Middle East & North Africa, Barclays

Thought Leadership Providing thought leadership for global financial markets, the center offers valuable guidance to policymakers and market participants. Recent research has addressed several important issues including: • Financial market regulation and economic growth • Systemic risk in the financial sector and economic downturns • The changing structure of financial markets • Corporate disclosure and earnings quality • The impact of regulation on corporate governance and firm performance • The role of institutional investors in financial markets around the world • Corporate cash holdings and firm decisions Research findings are communicated through publications, working paper series, media interviews, and center-sponsored events. A weekly seminar series featuring invited scholars from top universities and institutions around the world creates a forum for academics to present and discuss relevant topics. Recently, the center welcomed its first Distinguished Visiting Scholar: Robert F. Engle, 2003 Nobel Laureate in Economics and Michael Armellino Professor of Finance at New York University’s Stern School of Business.

“ The center is crucial in supporting research as well as offering programs that link the business world and markets to the decisions of regulators. This is a very important contribution given the increased role of government and policymakers in the support of innovation, the protection of investors, and the regulation of markets during such a pivotal time.”

—Rohan Williamson, Professor of Finance and Stallkamp Faculty Research Fellow, McDonough School of Business

“ The Georgetown Center for Financial Markets and Policy sponsors research that has important real-world implications for global financial markets. Its programs bring together practitioners, academics, and policymakers, informing regulators and influencing business practices.”

—David A. Thomas, Dean and William R. Berkley Chair, McDonough School of Business

“ Working at the Center for Financial Markets and Policy has greatly enhanced my educational experience. The center’s many events have afforded me the opportunity to network with members of the private and public sectors, and I have gained valuable experience doing research on a variety of topics, such as the role of financial markets in capital formation and job growth.”

—Kai Fang, BSBA ’14

Training Future Leaders The Georgetown Center for Financial Markets and Policy cultivates tomorrow’s financial-sector leaders, offering many opportunities for students interested in finance and accounting. The center brings prominent speakers to the McDonough School of Business, including business leaders and policymakers, who share their knowledge and experiences. These special events make it possible for students to network and connect with employers. In addition, both undergraduate and graduate students gain valuable experience as the center’s research assistants, helping with faculty research, preparing for center events, and implementing online marketing strategies.

“ PwC greatly values its partnership with the center. Together, we have delivered timely top-tier events, tackled pressing regulatory issues related to financial markets, and generated dialogue among key players in the financial sector. The center brings unmatched academic rigor and innovation to global finance, and PwC is proud to be a part of such endeavors.”

—John Garvey, Partner and Leader of U.S. Financial Services Advisory Practice, PwC

Participants • ACCION International • BATS • Board of Governors of the Federal Reserve System • Booz Allen Hamilton • China Securities Regulatory Commission • CME Group • Direct Edge • Federal Deposit Insurance Corporation

• Financial Times • FINRA • GE Capital • Hong Kong Securities and Futures Commission • International Monetary Fund • Milken Institute • NASDAQ OMX • NYSE Euronext • PwC

• U.S. Commodity Futures Trading Commission • U.S. Department of Homeland Security • U.S. Department of Justice • U.S. Department of Treasury • U.S. Securities and Exchange Commission • World Bank

Learn More For more information about the Center for Financial Markets and Policy at Georgetown University’s McDonough School of Business, please contact: Laura Schofield, Assistant Director Center for Financial Markets and Policy Georgetown University McDonough School of Business 529 Rafik B. Hariri Building 37th and O Streets, NW Washington, DC 20057 Email: cfmp@georgetown.edu Phone: (202) 687-3796 Visit us at http://finpolicy.georgetown.edu Follow us on Twitter: @GUFinPolicy