Featuring Bruce Tuckman, Clinical Professor of Finance, Leonard N. Stern School of Business, New York University; Marcus Stanley, Policy Director, Americans for Financial Reform; and James Iorio, Former Managing Director, Head of Global Foreign Exchange and Commodities Distribution, Barclays; moderated by Thaya Brook Knight, Associate Director of Financial Regulation Studies, Cato Institute.
Derivatives have been called “weapons of mass destruction” and have been accused of not only magnifying but also causing the recent financial crisis. In the wake of the crisis, many called for increased regulation of these products, and Dodd-Frank delivered. But what are derivatives? Do they have a beneficial role in our economy? Do they deepen financial markets and contribute to stability or are they disruptive? And are Dodd-Frank’s provisions likely to be effective? What do derivatives have to do with beer? We will address these and related issues as we delve into derivatives and their regulation. We hope you will join us.
