The American Enterprise Institute for Public Policy Research (AEI) held a briefing by the Shadow Financial Regulatory Committee on financial regulation issues.
According to AEI, "the Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry -- including experts in banking, insurance, and securities -- who meet regularly to study and critique regulatory policies affecting this sector of the economy."
Prior to the briefing, the committee met in closed session.
The Committee consists of Richard Herring, associate professor of finance at the University of Pennsylvania; George Kaufman, professor of economics at Loyola University Chicago; Sheila Bair, senior adviser at Pew Charitable Trusts; Kenneth Dam, professor emeritus at the University of Chicago Law School and senior fellow at the Brookings Institution; Franklin Edwards, professor of finance and economics at Columbia University; Robert Eisenbeis, chief monetary economist at Cumberland Advisors; Edward Kane, professor of finance at Boston College; Kenneth Scott, professor of law and business at Stanford Law School; and Chester Spatt, professor of finance at Carnegie Mellon University.
Peter Wallison, fellow in financial policy studies at AEI, moderated the discussion.