May 20, 2009: Sizing Up a Super Regulator

May 4, 2009Duke Law News

12:30 - 2 p.m.
Jones Day, Washington, D.C.

The Treasury Department has proposed that the FDIC become the conservator or receiver to a variety of financial services companies that pose a systemic risk to the financial system or economy. The proposal would give the government and the FDIC greatly expanded powers over non-bank financial institutions, and financial services companies could be charged fees to fund this authority. Who should take on the “super-regulator” role of resolving systemically risky companies in danger of failing? Would the FDIC’s powers extend to the seizure of almost any large corporation with the potential to harm the economy? What are the global implications
of this new regulatory scheme?

Eugene Ludwig, former comptroller of the currency and founder and CEO of Promontory Financial Group will speak; comments will be given by Jones Day partner Chip MacDonald and Duke Law Professor Bill Brown. Duke Law Professor Lawrence Baxter will moderate.

This event is hosted and sponsored by Jones Day, 51 Louisiana Avenue, N.W., Washington, DC 20001-2113. Seating and lunch available on first-come, first-served basis. RSVP online by May 15. Please contact Kristina Amidon in the Duke Law Alumni and Development Office at amidon@law.duke.edu for more information.
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