Overview

SIFMA and the Bank Policy Institute will again gather policymakers, practitioners, financial researchers and subject matter experts at the 6th Annual Prudential Regulation Conference.

This year’s conference will assess how the post-crisis prudential regulatory framework is affecting the capital markets, including market liquidity, capital formation and innovation. Join us to explore the health of the capital markets and the impact of prudential regulation.

Featured Speakers

Hester Peirce H. Rodgin Cohen Senior Chairman Sullivan & Cromwell LLP Hester Peirce The Honorable Hester Peirce Commissioner U.S. Securities and Exchange Commission (SEC) Brian Quintenz Commissioner Brian D. Quintenz Commissioner U.S. Commodity Futures Trading Commission Mark Van Der Weide Mark Van Der Weide General Counsel Federal Reserve Board
6th Annual

Prudential Regulation Conference

Prudential Policy’s Impact on the Capital Markets

Overview

SIFMA and the Bank Policy Institute will again gather policymakers, practitioners, financial researchers and subject matter experts at the 6th Annual Prudential Regulation Conference.

This year’s conference will assess how the post-crisis prudential regulatory framework is affecting the capital markets, including market liquidity, capital formation and innovation. Join us to explore the health of the capital markets and the impact of prudential regulation.

Featured Speakers

Program

8:00am – 6:00pm

Registration Desk Hours

8:00am – 8:45am

Sponsored by Sullivan & Cromwell

Sponsored by Sullivan & Cromwell

8:45am – 8:50am

Participants

Joseph L. Seidel

Speaker

Joseph L. Seidel

Chief Operating Officer

SIFMA

Joseph L. Seidel’s Biography

8:50am – 9:30am

Participants

Joseph L. Seidel, H. Rodgin Cohen

Moderator

Joseph L. Seidel

Chief Operating Officer

SIFMA

Joseph L. Seidel’s Biography

Speaker

H. Rodgin Cohen

Senior Chairman

Sullivan & Cromwell LLP

H. Rodgin Cohen’s Biography

9:30am – 10:30am

It appears the Fed will be ending its balance sheet wind down sooner than expected, as banks’ demands for excess reserves balances were much higher than expected. This elevated demand…

It appears the Fed will be ending its balance sheet wind down sooner than expected, as banks’ demands for excess reserves balances were much higher than expected. This elevated demand owes in part to regulatory and supervisory expectations. As the reserve balance tightens, this panel will discuss the forces shaping reserve demand, as well as the implications for the money market.

Participants

Bill Nelson, Seth Carpenter, Michael Cloherty, Lou Crandall, James J. McAndrews

Moderator

Bill Nelson

Executive Vice President and Chief Economist

Bank Policy Institute

Bill Nelson’s Biography

Panelists

Seth Carpenter

U.S. Chief Economist

UBS

Seth Carpenter’s Biography

Michael Cloherty

Head of U.S. Rates Strategy

RBC Capital Markets, LLC

Michael Cloherty’s Biography

Lou Crandall

Chief Economist

Wrightson ICAP

Lou Crandall’s Biography

James J. McAndrews

CEO and Chairman of the Board

TNB USA Inc.

James J. McAndrews’s Biography

10:30am – 10:50am

Networking Break

10:50am – 11:50am

The Federal Reserve’s annual stress testing and CCAR process have come to play a larger and larger role in the oversight of the largest banks operating in the U.S.  In…

The Federal Reserve’s annual stress testing and CCAR process have come to play a larger and larger role in the oversight of the largest banks operating in the U.S.  In some years this supervision exercise limits capital distributions to shareholders and plays a major role in the internal capital allocation among business units more than the regulations applicable to these firms and business units.  Several aspects of this process, including the GMS test and the double counting of certain capital and liquidity requirements weigh heavily on capital markets activities and have made the Federal Reserve one of the primary drivers of risk management and business decision-making in the U.S. capital markets.  This panel will look at the Fed’s role in setting policy for the U.S. capital markets and offer suggestions from the industry and policy makers for ways the Federal Reserve and its stress testing and CCAR process could be modified to maintain the safely and soundness of the system while allowing the system to evolve, flourish and serve the capital needs of the economy.

Participants

Adam Gilbert, Francisco Covas, Suzi Grady, Brian J. Lee, Coryann Steffanson

Moderator

Adam Gilbert

Partner, Global Regulatory Leader of the Financial Services Advisory Practice

PwC

Adam Gilbert’s Biography

Panelists

Francisco Covas

Senior Vice President, Head of Research

Bank Policy Institute

Francisco Covas’s Biography

Suzi Grady

Head of CCAR

Credit Suisse

Suzi Grady’s Biography

Brian J. Lee

Chief Accounting Officer and Controller

Goldman Sachs & Co.

Brian J. Lee’s Biography

Coryann Steffanson

Senior Advisor

SIFMA

Coryann Steffanson’s Biography

11:50am – 1:30pm

Del Frisco's Double Eagle Steakhouse 950 I Street NW Washington DC 20001

Del Frisco’s Double Eagle Steakhouse
950 I Street NW
Washington DC 20001

1:30pm – 2:15pm

Participants

Karen Solomon, The Honorable Hester M. Peirce, Commissioner Brian D. Quintenz

Moderator

Karen Solomon

Senior Of Counsel

Covington & Burling LLP

Karen Solomon’s Biography

Speakers

2:15pm – 3:15pm

There was a significant amount of volatility and market dislocations in the fourth quarter of 2018, with a broad sell-off across various asset classes coinciding with concerns about trade, slowing…

There was a significant amount of volatility and market dislocations in the fourth quarter of 2018, with a broad sell-off across various asset classes coinciding with concerns about trade, slowing global growth and the Fed not adjusting the pace of monetary policy. This panel will discuss to what extent prudential regulations are playing a role in exacerbating market moves in response to negative economic news and increased uncertainty.

Participants

Isaac Boltansky, Fabio M. Natalucci, Thomas Pluta, Maura Walsh

Moderator

Isaac Boltansky

Director of Policy Research

Compass Point Research & Trading, LLC

Isaac Boltansky’s Biography

Panelists

Fabio M. Natalucci

Deputy Director of the Monetary and Capital Markets Department

International Monetary Fund

Fabio M. Natalucci’s Biography

Thomas Pluta

Co-Head of Global Rates Trading

JP Morgan Chase & Co.

Thomas Pluta’s Biography

Maura Walsh

Portfolio Manager

Fidelity Investments

Maura Walsh’s Biography

3:15pm – 3:35pm

Networking Break

3:35pm – 4:30pm

This panel will focus on the impact of the prudential liquidity rules on the capital markets, including the Volcker rule, the capital markets impacts of the FBO proposal, and the…

This panel will focus on the impact of the prudential liquidity rules on the capital markets, including the Volcker rule, the capital markets impacts of the FBO proposal, and the LCR, the NSFR, and limits on short-term wholesale funding.

Participants

Gabriel D. Rosenberg, Kevin Bailey, Joseph Shropshire

Moderator

Panelists

Kevin Bailey

Global Head of Regulatory Affairs

Citigroup

Kevin Bailey’s Biography

Joseph Shropshire

Regional Head of ALM & Treasury

Société Générale

Joseph Shropshire’s Biography

4:30pm – 5:15pm

Participants

Greg Baer, Mark E. Van Der Weide

Moderator

Greg Baer

President and CEO

Bank Policy Institute

Greg Baer’s Biography

Speaker

Mark E. Van Der Weide

General Counsel

Federal Reserve Board

Mark E. Van Der Weide’s Biography

5:15pm – 5:20pm

Participants

John Court, Carter McDowell

Speakers

John Court

Senior Vice President, Deputy General Counsel

Bank Policy Institute

John Court’s Biography

Carter McDowell

Managing Director and Associate General Counsel

SIFMA

Carter McDowell’s Biography

5:20pm – 6:15pm

Venue

Covington One City Center

850 Tenth Street, NW
Washington, DC 20001-4956

Hotel Accommodations

If you require accommodation, the following hotels are located near One CityCenter:

Grand Hyatt Washington
1000 H St NW
Washington, DC 20001
(202) 582-1234

Washington Marriott at Metro Center
775 12th St NW
Washington, DC 20005
(202) 737-2200

Renaissance Washington DC Downtown Hotel
999 9th St NW
Washington, DC 20001
(202) 898-9000

Hilton Garden Inn Washington DC Downtown
815 14th St NW
Washington, DC 20005
(202) 783-7800

Accreditation

CLE Credits

SIFMA has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education in the State of New York. Parts of this program will be available for CLE credits. Fee reduction may be available for qualified registrants.

CLE Credit

 

CPE Credits

Eligible for up to 3.6CPE Credits

Fields of Study:

  • Finance: 3.6 hrs

Program Level: Intermediate

Delivery Method: Group Live

Advance Preparation: None

CEU Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org   

Media

Media Inquiries
Contact Lindsay Gilbride (SIFMA) at 202.962.7390 | Sean Oblack (BPI) at 202.649.4629.

Media Registration
Contact Evan Grogan at 212.313.1134.

Policy
View SIFMA’s official press policy.

Terms and Conditions

Code of Conduct

SIFMA meetings and events are intended to educate and engage our members and industry participants in thoughtful conversations. Inappropriate behavior will not be tolerated. SIFMA defines inappropriate behavior as any possible illegal conduct, verbal or physical abuse of any type, use of derogatory or discriminatory language, gestures or actions, unwanted invasions of privacy, any form of harassment, racism, sexism, or any other targeted comments which are intended to cause personal offense to another participant either in-person at the event or through social media channels, or the violation of any local, state, or federal laws or regulations.

If you are involved in or witness an incident at a SIFMA meeting or event that violates this Code of Conduct, please use this anonymous incident report form to let SIFMA know immediately. Please provide as much information as possible about the incident so that we can make a proper investigation. Any violations of law should be reported to law enforcement authorities.

SIFMA will investigate any reported incidents swiftly and confidentially if possible. SIFMA, at our discretion, may act on any reports of inappropriate behavior, including but not limited to removing a participant from the meeting or event and/or bar that person from attending future SIFMA meetings or events. SIFMA shall not refund any money paid for such attendee to attend the meeting or event, or for any travel expenses incurred to attend.

Substitutions
Conference registration substitutions are welcome. Email [email protected] with the following information and we will confirm the change: original registrant’s full name, substitute registrant’s full name, mailing address, title, phone and email.

Cancellations
Refunds will be granted for cancellations made three weeks prior to the start of the event. All cancellation requests are subject to a $100 processing fee and must be made in writing.