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Reading and Presentation Materials—September 20, 2013 Sullivan & Cromwell Conference on Global Financial Services

Background Reading
1. Gary Gorton, Some Reflections on the Recent Financial Crisis (Aug. 2012)
2. Jonathan Macey, The Regulator Effect in Financial Regulation (forthcoming 2013)
3. Jonathan Macey, It's All Shadow Banking, Actually (2012)
4. Jonathan Macey, Reducing Systemic Risk: The Role of Money Market Mutual Funds As Substitutes For Federally Insured Bank Deposits (2011)

Panel I: Bank Capital and Liquidity Requirements 

Slide Presentations: Stijn Claessens, Roberta Romano.
Reading Materials:
1. Cleary Gottlieb Steen & Hamilton LLP, Federal Reserve Board Issues Long-Awaited Capital Rules (June 2012)
2. Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems (Dec. 2010)
3. Roberta Romano, For Diversity in the International Regulation of Financial Institutions: Redesigning the Basel Architecture (Aug. 2012)
4. Sanjai Bhagat, Brian Bolton & Roberta Romano, Getting Incentives Right: Is Deferred Bank Executive Compensation Sufficient? (Sept. 2013)

Panel II: Bank Transparency and the Financial Crisis

Slide Presentation: Robert J. Giuffra, Jr.
Reading Materials:
1. Bloomberg v. Board of Governors of the Federal Reserve System, and The Clearing House Association (2nd Circuit Opinion, Mar. 2010)
2. Fox News Network v. Board of Governors of the Federal Reserve System (2nd Circuit Opinion, Mar. 2010) 
3. The Clearing House Association v. Bloomberg and The Board of Governors of the Federal Reserve System (The Clearing House Association, Petition For Writ Of Certiorari, Oct. 2010)
4. The Clearing House Association v. Bloomberg and The Board of Governors of the Federal Reserve System (The Clearing House Association, Petition For Writ Of Certiorari, Nov. 2010) 
5. The Clearing House Association v. Bloomberg and The Board of Governors of the Federal Reserve System (Federal Government Reply, Feb. 2011)
6. The Clearing House Association v. Fox News Network (Federal Government Reply, Feb. 2011)
7. The Clearing House Association v. Bloomberg and The Board of Governors of the Federal Reserve System (Bloomberg Reply Brief, Feb. 2011)
8. The Clearing House Association v. Fox News Network and The Board of Governors of the Fed. Reserve System (Fox News Reply Brief, Feb. 2011) 
9. Henry T. C. Hu, Too Complex to Depict?  Innovation, “Pure Information,” and the SEC Disclosure Paradigm (June 2012)
10. Frederick Schauer, Transparency in Three Dimensions (2011)
11.  Frederick Schauer, The Boundaries of the First Amendment: A Preliminary Exploration of Constitutional Salience
12. Dodd Frank Act Section 1103: Public Access to Information 

Panel III: Accountability and Structuring of Systemically Important Financial Institutions (SIFIs)

Slide Presentations: Edward J. Kane, Andrew Lo, John F. Simonson.
Reading materials:
1. Sullivan & Cromwell LLP, First Resolution Plans Filed (July 9, 2012)
2. Sullivan & Cromwell LLP, Financial Stability Oversight Council Issues Final Rule on Designation of Systemically Important Nonbank Financial Companies (April 2012)
3. Sullivan & Cromwell LLP, Bank Mergers & Acquisitions(Jan. 2012)
4. BankDirector.com, Sullivan & Cromwell LLP, Dodd-Frank, Basel III and the Age of Uncertainty (2012)
5. Sullivan & Cromwell LLP, Systemically Important Financial Companies (Dec. 2011)
6. Sullivan & Cromwell LLP, Designation of Systemically Important Nonbank Financial Companies under Dodd-Frank (Oct. 2011)
7. Sullivan & Cromwell LLP, Volcker Rule (Oct. 2011)
8. Sullivan & Cromwell LLP, The Independent Commission on Banking (Sept. 2011)
9. Sullivan & Cromwell LLP, Volcker Rule Conformance Periods (Feb. 2011)
10. Financial Stability Oversight Council, 2012 Annual Report Part 6: Regulatory Developments - Council Activities
11. Financial Stability Oversight Council, Dodd-Frank Wall Street Reform and Consumer Protection Act Integrated Implementation Road Map (Oct. 2010)
12. Andrei A. Kirilenko & Andrew W. Lo, Moore’s Law versus Murphy’s Law: Algorithmic Trading and Its Discontents (Spring 2013)
13. Andrew W. Lo & Thomas J. Brennan, Do Labyrinthine Legal Limits on Leverage Lessen the Likelihood of Losses? An Analytical Framework (2012)

Panel IV: Cross-Border Resolution

Slide Presentations: Seth Grosshandler, Richard J. Herring, Jonathan R. Macey.
Reading materials:
1. Dodd-Frank Act Title II: Orderly Liquidation Authority (July 2010)
2. Financial Stability Board, Key Attributes of Effective Resolution Regimes for Financial Institutions (Oct. 2011)
3. Cleary Gottlieb Steen & Hamilton LLP, FDIC Finalizes Rule on Nullification of Subsidiary and Affiliate Cross-Defaults under OLA (October 2012)
4. Cleary Gottlieb Steen & Hamilton LLP, Securities, Forward and Commodity Contracts and Repurchase, Swap and Master Netting Agreements under U.S. Insolvency Laws (August 2012)
5. Richard Herring & Jacopo Carmassi, The Corporate Structure of International Financial Conglomerates: Complexity and its Implications for Safety and Soundness (Jan. 2012)
6. Richard J. Herring, The Central Role of Resolution Policy in Dealing with Systemically Important Financial Institutions (May 2011)
7. MF Global - Foreign Main Proceeding Recognition Application and Accompanying Trustee Affidavit and Recognition Order (Mar. 2012)
8. MF Global - UK Special Administrators' Points of Claim in the 30.7 Litigation (Jul. 2012)
9. MF Global - Trustee's Points of Defence in the 30.7 Litigation (Sept. 2012)
10. MF Global - Motion to Approve MF Global UK Settlement Agreement (Dec. 2012)
11.  MF Gloabl - Judge Glenn Decision Approving MF Global UK Settlement Agreement (Jan. 2013)