Five years since the financial crisis of autumn 2008 is a good time to take stock of the reform of financial regulation. The Dodd-Frank Act of 2010 enacted the most significant changes to financial regulation in the U.S. since the Great Depression. The international standards in Basel III, being implemented in stages, were designed to strengthen bank capital requirements by increasing bank liquidity and decreasing bank leverage. But have these new regulations really strengthened the system? And how do these changes, along with unprecedented monetary policy, affect the risk and expected return of stocks and bonds looking ahead? A panel of distinguished experts will discuss these issues and respond to questions from the audience.

Panel:
Jessica Hoffman Brennan, The Carlyle Group;
Peter Hooper, Deutsche Bank Securities;
Allen Sinai, Decision Economics

Moderator:
Joel Slemrod, Department of Economics Professor and Chair

Sponsored by the Michigan Institute for Teaching and Research in Economics