CFS News and Events

News and Events

JULY 17 - 19, 2022
ANNUAL FINANCIAL ECONOMISTS ROUNTABLE MEETING
IN ANNAPOLIS, MARYLAND

The Financial Economist Roundtable (FER) is a group of senior financial economists who have made significant contributions to the finance literature and seek to apply their knowledge to current policy debates. FER focuses on microeconomic issues in investments, corporate finance, as well as financial institutions and markets, both in the U.S. and internationally. It aims to create a forum for intellectual interaction that promotes in-depth analyses of current policy issues in order to raise the level of public and private policy debate and improve the quality of policy decisions.

Registration details for FER members are forthcoming.

MAY 6, 2022
9th ANNUAL CONFERENCE ON FINANCIAL MARKET REGULATION
VIRTUAL EVENT

Online Registration: https://www.conftool.org/cfmr2022/

Program: https://www.conftool.org/cfmr2022/sessions.php

The SEC’s Division of Economic and Risk Analysis (DERA), Lehigh University’s Center for Financial Services (CFS), University of Maryland’s Center for Financial Policy (CFP), and CFA Institute will jointly host the virtual CFMR 2022 on Friday, May 6, 2022. The goal of the conference is to bring together participants for an exchange of views on topics of relevance to the Commission. The conference is virtual and there is no fee to attend.

SEC Chief Economist Jessica Wachter will open the conference at 9 am followed by remarks by SEC Chair Gary Gensler. SEC Commissioner Allison Herren Lee will deliver this year's keynote address at 1 pm.

The following papers will be presented and discussed:

Deputization Bruce Carlin (Rice University), Tarik Umar (Rice University), Hanyi (Livia) Yi (Boston College)

Monetary Policy and the Run Risk of Loan Funds Nicola Cetorelli (Federal Reserve Bank of New York), Gabriele La Spada (Federal Reserve Bank of New York), Joao Santos (Federal Reserve Bank of New York)

Squeezing Shorts Through Social Media Platforms Franklin Allen (Imperial College), Marlene Haas (Independent Scholar), Eric Nowak (Universita della Svizzera italiana and Swiss Finance Institute), Matteo Pirovano, (Universita della Svizzera italiana and Swiss Finance Institute), Angel Tengulov (University of Kansas)

The Market Inside the Market: Odd-lot Quotes Robert Bartlett (University of California, Berkeley), Justin McCrary (Columbia University), Maureen O’Hara (Cornell University)

Index Providers: Whales Behind the Scenes of ETFs Yu An (Johns Hopkins University), Matteo Benetton (University of California, Berkeley), Yang Song (University of Washington)

The Consequences of Fund-level Liquidity Requirements Indraneel Chakraborty (University of Miami), Elia Ferracuti (Duke University), John Heater (Duke University), Matthew Phillips (University of Miami)

Does Socially Responsible Investing Change Firm Behavior? Davidson Heath, (University of Utah), Daniele Macciocchi, (University of Miami), Roni Michaely, (University of Hong Kong), Matthew Ringgenberg, (University of Utah)

Everlasting Fraud Vivian Fang (University of Minnesota), Nan Li (University of Minnesota),
Wenyu Wang (Indiana University), Gaoqing Zhang (University of Minnesota)

Conference Organizers: Kathleen Weiss Hanley (Lehigh University), Amy Edwards (SEC), Vlad Ivanov (SEC), Russ Wermers (University of Maryland), and Paul Andrews (CFA Institute)

APRIL 20, 2022
CLIMATE DISCLOSURE MANDATES PANEL
VIRTUAL EVENT

The Center for Financial Services in the Lehigh University College of Business presented a panel discussion on climate disclosure mandates. On March 21, 2022, the U.S. Securities and Exchange Commission (SEC) proposed a much-anticipated rule that would mandate various disclosures related to climate change risks faced by public companies. Disclosures include the risks that climate change presents to their business, plans to lower emissions, and the total level of greenhouse gases they emit both directly and indirectly.

Proponents of mandatory climate risk disclosures believe the proposal will provide investors the relevant information to make prudent financial decisions and will provide consistent and clear reporting obligations for issuers. The proposal has received criticism, however, as to whether specific emissions-related disclosure falls under the purview of the SEC’s jurisdiction. In addition, some suggest that it is unclear whether the benefits of the rule may be outweighed by the costs of disclosure and compliance.

Our distinguished panel of experts shared their insights:

Jay Clayton, Senior Policy Advisor and Of Counsel at Sullivan & Cromwell LLP, Non-Executive Chair and Lead Independent Director of Apollo Global Management, Lehigh University Appointed Trustee, Former Chair, Securities and Exchange Commission

Dan Hanson, Managing Director, Senior Portfolio Manager, Neuberger Berman

Jon Karpoff, Washington Mutual Endowed Chair in Innovation, Professor of Finance and Business Economics, University of Washington, Foster School of Business

Elizabeth Seeger, Managing Director, Sustainable Investing, KKR

Moderator Kathleen Weiss Hanley, Bolton-Perella Chair in Finance, Director of the Center for Financial Services, Lehigh University College of Business, Former Deputy Chief Economist, Securities and Exchange Commission

Watch the Zoom recording

MARCH 21, 2022
ROUNDTABLE DISCUSSION WITH JUDY SAMUELSON
RAUCH BUSINESS CENTER

The CFS hosted a roundtable discussion with the Aspen Institute's Judy Samuelson and Lehigh Business student leaders. The event was part of the College of Business' Year of Learning, which is is an annual college-wide initiative that focuses the students and faculty on a particular area of interest through classroom activities and campus events. This year’s theme is The Corporation & Society—taking a look at the evolving role of corporations in our world. This topic builds upon a statement put out by the Business Roundtable that challenges the primacy of maximizing shareholder value in defining the role of the corporation. Rather, the role of the corporation is to work for the betterment of all its stakeholders, employees, customers, society in addition to the shareholders.

NOVEMBER 12, 2021
3rd ANNUAL QUANT/FINANCIAL ENGINEERING CONFERENCE
VIRTUAL EVENT

Experts discussed, debated, and learned about Financial Engineering. Topics included Algorithmic Trading, Smart Contracts, and Sport Analytics Arbitrage, among others.

The conference was presented by the Center for Financial Services, and hosted by the Masters in Financial Engineering department in Lehigh's College of Business and Lehigh's Institute for Data, Intelligent Systems, and Computation.

NOVEMBER 12, 2021
5th ANNUAL FINANCE RESEARCH SYMPOSIUM
VIRTUAL EVENT

The Fifth Annual "Philly Five" Regional Finance Conference was hosted by the Fox School of Business at Temple University. The annual research symposium was co-sponsored by Drexel University, Lehigh University, Temple University, University of Delaware, and Villanova University. 

SEPTEMBER 13, 2021
BLOCKCHAIN EXPLAINED
PODCAST

In this episode of Lehigh University’s College of Business IlLUminate podcastKathleen Weiss Hanley and Hank Korth discuss what you need to know about blockchain. Prof. Hanley holds the Bolton Perella Endowed Chair in finance. She is also director of the Center for Financial Services and co-director of the fintech minor. Prof. Korth is a professor of computer science and engineering who also heads the new Center for Financial Services Blockchain Lab and is a member of Lehigh Scalable Software Systems Research Group.

They spoke with Jack Croft, host of the ilLUminate podcast. Listen to the podcast or read the transcript here.

JULY 17 - 19, 2021
ANNUAL FINANCIAL ECONOMISTS ROUNTABLE MEETING
IN SHEPHERDSTOWN, WEST VIRGINIA

The Financial Economist Roundtable (FER) is a group of senior financial economists who have made significant contributions to the finance literature and seek to apply their knowledge to current policy debates. FER focuses on microeconomic issues in investments, corporate finance, as well as financial institutions and markets, both in the U.S. and internationally. It aims to create a forum for intellectual interaction that promotes in-depth analyses of current policy issues in order to raise the level of public and private policy debate and improve the quality of policy decisions.

Read FER's 2021 Statement on "SEC Should Mandate ESG Disclosure Limited to Matters that Directly Affect the Firm’s Cash Flows.”

MAY 13 - 14, 2021
8th ANNUAL CONFERENCE ON FINANCIAL MARKET REGULATION
VIRTUAL EVENT

The Conference on Financial Market Regulation (CFMR 2021) was held on May 13 - 14, 2021. It was the second time in the conference's eight-year run that it was presented virtually.

The SEC, CFS at Lehigh University, CFP at the Robert H. Smith School of Business, and CFA Institute were pleased to jointly host the 8th Annual CFMR. The goal of the conference is to bring together participants from academia, industry, government, and the SEC for an exchange of views on topics of relevance to the Commission.

Opening remarks during the two day conference were provided by SEC Chair Gary Gensler and SEC Chief Economist Jessica Wachter. The keynote address was given by SEC Commissioner Caroline Crenshaw.                     

The authors and discussants presented thought-provoking topics including the effect of hidden liquidity, design of a central counter-party, prime time for prime funds, pricing of new corporate debt issues, anatomy of trading algorithms, to name a few. There was a special session on climate change that discussed climate regulatory risks and corporate bonds as well as the signaling through carbon disclosures.

APRIL 14, 2021
IS THE TIMING RIPE TO GO PUBLIC?
VIRTUAL EVENT

In 2020 amid the coronavirus pandemic, there were a record number of initial public offerings.  Airbnb, DoorDash, Palentir Technologies, and Snowflake decided to hit the market along with 490 additional IPOs. In fact in 2020 the volume of IPOs more than doubled from 2019, and the IPO market raised $174 billion – an astounding 150% increase from the previous year.  
 
The dramatic boost in IPO activity is, in part, driven by Special Purpose Acquisition Companies (SPACs), sometimes called blank check companies. In 2020, SPACs accounted for half of all IPOs.
 
Our distinguished panel of experts shared their insights on the IPO market and had a lively discussion about the role of SPACs with an emphasis on the real estate market.

Moderator: Kathleen Weiss Hanley, Bolton-Perella Chair in the Department of Finance, Director of the Center for Financial Services, Lehigh University 

Panelists: Paul Galiano Senior Managing Director, Co-Head of US Acquisitions, Dispositions, Capital Markets, Joint-Venture Transactions, Tishman Speyer , Gil Ottensoser, Managing Director, Head of SPAC Investment Banking, BTIG, David Panton, Managing Partner, SPAC Operations Group, Navigation Capital Partners, Jay Ritter, Joseph B. Cordell Eminent Scholar in the Department of Finance, University of Florida, and Matt Wolpert, Portfolio Manager, Managing Director, Almanac Realty Investors, Neuberger Berman

This event was jointly hosted by the Center for Financial Services and the Goodman Center for Real Estate

View the recorded webinar.

2020

DECEMBER 1, 2020
THE NEW REALITY FOR THE FINANCIAL SERVICES INDUSTRY
VIRTUAL EVENT

The Lehigh CFS Advisory Council in cooperation with the Lehigh Wall Street Council presented a post-election panel discussion on the impact of the pandemic on the financial services.

Experts from the financial services field shared insights about today’s operating environment. Discussions included topics such as the acceleration of digital transformations, the creation of non-traditional partnerships, the importance and relevance of embedding social responsibility into business models, how companies have improved agility and risk management, and the development of new customer value propositions.

Moderator: Daniel Pietrzak, Partner/Co-Head of Private Credit, KKR, Member, Lehigh CFS Advisory Council

Panelists: Doug Borkowski, Managing Director, Global Equities, Bank of America Merrill Lynch, Member, Lehigh CFS Advisory Council, Robert Cortright, Founder & CEO, DriveWealth Holdings, Inc., Katie Kolchin, CFA, Director of Research, SIFMA, Member, Lehigh Wall Street Council Executive Committee, and Mickey Levy, Chief Economist for Americas and Asia at Berenberg Capital Markets, LLC, Member, Shadow Open Market Committee

Closing remarks: Kathleen Weiss Hanley, Bolton-Perella Chair in Finance, Director of the Center for Financial Services, Lehigh University, Member, Financial Economists Roundtable (FER) Steering Committee

SEPTEMBER 16 - NOVEMBER 11, 2020
14th ANNUAL FINANCIAL SERVICES FORUM
VIRTUAL WEEKLY SESSIONS

Each Wednesday from September 16 - November 11 at 5:15 pm, Zoom breakout sessions were held on various areas within financial services. These sessions were brought to you by the Lehigh Wall Street Council in cooperation with the Lehigh CFS Advisory Council. The goal of the forum is to provide Lehigh students with a unique opportunity to learn firsthand from alumni about different career paths and job search techniques within the financial services sector. 

SEPTEMBER 25, 2020
2nd ANNUAL QUANT/FINANCIAL ENGINEERING CONFERENCE
VIRTUAL EVENT

The CFS presented the 2nd annual Quant/Financial Engineering Conference – a live, virtual event – that was brought to you by Lehigh's Financial Engineering Masters program. Topics discussed included decentralized finance and central bank digital currencies, API for financial institutions, data forensics, quantum computing, stationarity, synthetic data and stress testing, Ethereum/smart contracts, and multi factor modeling.                           

SEPTEMBER 17-18, 2020
7th ANNUAL CONFERENCE ON FINANCIAL MARKET REGULATION
VIRTUAL EVENT

The Conference on Financial Market Regulation (CFMR 2020) was held on September 17 - 18, 2020. It was the first time in the conference's seven-year run that it was presented virtually.

The SEC, CFS at Lehigh University, CFP at the Robert H. Smith School of Business, and CFA Institute were pleased to jointly host the 7th Annual CFMR. The goal of the conference is to bring together participants from academia, industry, government, and the SEC for an exchange of views on topics of relevance to the Commission.

The authors and discussants presented interesting and insightful topics including discretionary NAVs, periodic disclosures of asset-backed securities, ETF shorting and shareholder voting, zero returns in fixed income funds, and violations of price-time priority, to name a few.

The CFMR keynote address was given by Commissioner Elad Roisman. In addition, there was a SEC panel that featured SEC division directors who discussed hot topics in their respective areas; the panel was moderated by S.P. Kothari (SEC, Division of Economic and Risk Analysis) and panelists included Dalia Blass (SEC, Division of Investment Management), William Hinman (SEC, Division of Corporation Finance), and Brett Redfearn (SEC, Division of Trading and Markets).

MAY 7, 2020
MOUNTAIN TALK: FINANCIAL MANAGEMENT DURING MARKET TURMOIL
VIRTUAL EVENT

A short webinar that discussed how the COVID-19 pandemic has many people concerned about the current and future states of their financial investments. Seth Finkel ’80, managing director, Neuberger Berman, and current Lehigh CFS Advisory Council member, talked about some of the biggest concerns facing individuals and their wealth management, how he was approaching this challenge with his clients, and what you might want to consider in your own financial planning. Watch the recording.

Finkel has been rated among the top financial advisors by various financial media. In 2020, he was ranked 22nd in the country on the Barron’s Top 100 Financial Advisors list and 6th in New York State on the Barron’s 2020 Top 1,200 Financial Advisors State by State list. Additionally, in 2019 Seth was ranked #7 in America on Barron's Top 100 Independent Financial Advisors.

Finkel's financial advisor profile was featured in Barron's on May 15: "An Investor's Survival Guide to Extreme Volatility."

APRIL 27, 2020
KITCHEN TABLE TALK: HOW I LEARNED TO STOP WORRYING AND IGNORE THE MARKET
VIRTUAL EVENT

Lehigh Business' Vistex Institute for Executive Learning & Research developed a series of short talks to help business and individuals cope during the COVID-19 pandemic. In this episode, Prof. Kathleen Weiss Hanley, Bolton-Perella Chair in Finance and CFS Director, gives you a sense of why markets are so volatile during this unprecedented coronavirus health crisis. Watch the video.

2019

NOVEMBER 18, 2019
ESG INVESTING PANEL
AT REFINITIV

Lehigh’s CFS hosted its annual New York City conference in November at Refinitiv. The expert panel discussed Environmental, Social, and Governance (ESG) investing and shared their insights and knowledge on topics such as ESG’s rapid growth, ESG data analysis and scoring, sustainable funds’ performance over ordinary ones, arbitrage opportunities for non-ESG investors, and the future of ESG funds.

Keynote Henry McVey, Head of Global Macro & Asset Allocation & CIO at KKR, shared his macro insights with the engaged audience.

CFS Advisory Council member John Melvin ‘91, Managing Director & Chief Investment Officer at HIMCO, moderated the discussion among panelists:

  • Ingrid Dyott, Managing Director, Senior Portfolio Manager at Neuberger Berman
  • Laura Kunkemueller, ESG Officer at Mellon
  • Noelle-Claire LeCann, Managing Principal at AlphaSource Advisors 
  • Henry Shilling, Director of Research at Sustainable Research and Analysis 

Please enjoy a photo gallery of the November 18 event. 

The conference was brought to you by the CFS in cooperation with the CFS Advisory CouncilKKRLehigh Wall Street Council, and Refinitiv.

OCTOBER 18, 2019
4th ANNUAL FINANCE RESEARCH SYMPOSIUM
AT LEBOW SCHOOL OF BUSINESS AT DREXEL UNIVERSITY

The Fourth Annual "Philly Five" Regional Finance Conference was held at the LeBow School of Business at Drexel University. The annual research symposium was co-sponsored by Drexel University, Lehigh University, Temple University, University of Delaware, and Villanova University. It was a day of networking and research discussion that featured five completed research papers presented seminar style and a few presentations of "early ideas" with preliminary findings.

JULY 13 - 15, 2019
ANNUAL FINANCIAL ECONOMISTS ROUNTABLE MEETING
IN BOULDER, COLORADO

The Financial Economist Roundtable (FER) is a group of senior financial economists who have made significant contributions to the finance literature and seek to apply their knowledge to current policy debates. FER focuses on microeconomic issues in investments, corporate finance, as well as financial institutions and markets, both in the U.S. and internationally. It aims to create a forum for intellectual interaction that promotes in-depth analyses of current policy issues in order to raise the level of public and private policy debate and improve the quality of policy decisions.

Read FER's 2019 Statement on "Evidence-Based Regulation and the Limits of Pilot Studies."

MAY 9-10, 2019
6th ANNUAL CONFERENCE ON FINANCIAL MARKET REGULATION
AT THE SECURITIES AND EXCHANGE COMMISSION

On Thursday, May 9, and Friday, May 10, 2019, the SEC, CFS at Lehigh University, CFP at the Robert H. Smith School of Business, and CFA Institute jointly hosted the Sixth Annual Conference on Financial Market Regulation (CFMR 2019) at the SEC Headquarters in Washington, DC.

The CFMR brought together participants from academia, industry, government, and the SEC for an exchange of views on topics of relevance to the Commission.

The authors and discussants presented thought-provoking topics including product differentiation as a predictor of fraud, short selling and adverse selection, tweets to motivate investors, order routing to high frequency traders and ATSs, effects of a shock to angel finance, corporate disclosure, post-crisis liquidity regulation, risk retention rules, fiduciary duty and financial advice, and alternative pricing rules.

The CFMR keynote address was given by Commissioner Hester Peirce. In addition, there was a SEC panel on economic analysis in enforcement cases.

To view presented papers, check out the Sixth CFMR eJournal, which is available to all SSRN subscribers at no charge. 

MARCH 27, 2019
CFS SPRING SPEAKER 
AT LEHIGH UNIVERSITY'S RAUCH BUSINESS CENTER

Talk given by Daniel Pietrzak '97, Member/Co-Head of Private Credit, KKR

"The Evolution of Private Equity"

  • The continued evolution of private equity and major trends shaping the future of the industry
  • KKR's history and how its private equity roots have created the foundation for new businesses
  • How KKR is accelerating growth within the Credit space and what are the significant opportunities

This event was co-sponsored by the Finance Club and the Investment Management Club.

2018

DECEMBER 4, 2018
BLOCKCHAIN TECHNOLOGIES PANEL
AT REFINITIV

Lehigh’s CFS hosted its third annual New York City conference in December at Refinitiv (formerly the Financial and Risk business of Thomson Reuters). The panel discussion focused on one of the biggest trends in the Fintech space – Blockchain Technologies. The expert panel provided thoughtful comments and an insider’s view into the exciting, fast-paced sector of finance and technology.

CFS Advisory Council member Julian Sluyters '82, Advisor at GECKO Governance, moderated the discussion among panelists:

  • Dan DiSano, CEO, AxisPoint
  • Eileen Lowry, global program director, IBM Blockchain Garage
  • Mike Orcutt, associate editor, MIT Technology Review
  • Kevin Worth '91, CEO, CoinDesk

The conference was brought to you by the CFS in cooperation with the CFS Advisory CouncilLehigh Wall Street Council, and Refinitiv.

OCTOBER 26, 2018
3rd ANNUAL FINANCE RESEARCH SYMPOSIUM
AT TEMPLE UNIVERSITY'S FOX SCHOOL OF BUSINESS

The Third Annual "Philly Five" Regional Finance Conference was held at Temple University’s Fox School of Business. The annual research symposium was co-sponsored by Drexel University, Lehigh University, Temple University, University of Delaware and Villanova University. The conference featured five completed research papers presented seminar style and a few presentations of "early ideas" with preliminary findings.

JULY 14 - 16, 2018
ANNUAL FINANCIAL ECONOMISTS ROUNTABLE MEETING
IN TORONTO, CANADA

The Financial Economist Roundtable (FER) is a group of senior financial economists who have made significant contributions to the finance literature and seek to apply their knowledge to current policy debates. FER focuses on microeconomic issues in investments, corporate finance, as well as financial institutions and markets, both in the U.S. and internationally. It aims to create a forum for intellectual interaction that promotes in-depth analyses of current policy issues in order to raise the level of public and private policy debate and improve the quality of policy decisions.

Read FER's 2018 Statement on "Crypto Assets Require Better Regulation."

MAY 10-11, 2018
5th ANNUAL CONFERENCE ON FINANCIAL MARKET REGULATION
AT THE SECURITIES AND EXCHANGE COMMISSION

On Thursday, May 10, and Friday, May 11, 2018, the SEC, CFS at Lehigh University, CFP at the Robert H. Smith School of Business, and CFA Institute jointly hosted the Fifth Annual Conference on Financial Market Regulation (CFMR 2018) at the SEC Headquarters in Washington, DC.

The CFMR brought together participants from academia, industry, government, and the SEC for an exchange of views on topics of relevance to the Commission.

The authors and discussants presented interesting and insightful topics including crowdfunding, hedge fund liquidity management, ETFs, fragmented markets, SEC's comment letter process, investment advisor misconduct, and portfolio pumping, to name a few.

The CFMR keynote address was given by Commissioner Robert Jackson. In addition, there was a SEC panel moderated by Commissioner Michael Piwowar who discussed areas of academic research that could contribute to fulfilling the SEC's mission.

To view presented papers, check out the Fifth CFMR eJournal, which is available to all SSRN subscribers at no charge.

2017

DECEMBER 5, 2017
CHALLENGES FACING ASSET MANAGEMENT PANEL
AT THOMSON REUTERS

Lehigh’s CFS hosted its second annual New York City conference in December that brought together a panel of experts to explore the robust topic of “Challenges Facing Asset Management.” The panel discussed various areas in asset management such active vs. passive investing, ETFs, the increasing role of technology, and MiFID II.

Bob Doll ’76, chief equity strategist and senior portfolio manager at Nuveen Asset Management, moderated the discussion among panelists:

  • Charles Kantor, managing director and senior portfolio manager, Neuberger Berman
  • Dorothy Lariviere, director, BlackRock
  • Pedro Matos, academic director, Mayo Center, The University of Virginia
  • Niraj Patel '21P, CIO, Lending Platforms, IBM
  • Rebecca Patterson, managing director and CIO, Bessemer Trust
  • Christof Stahel, assistant director, Division of Economic and Risk Analysis, Securities and Exchange Commission

The conference was co-sponsored by Thomson Reuters, Lehigh Wall Street Council, and the Lehigh CFS Advisory Council.

OCTOBER 27, 2017
2nd ANNUAL FINANCE REGIONAL RESEARCH SYMPOSIUM
AT VILLANOVA UNIVERSITY'S BARTLEY HALL

The Second Annual "Philly Five" Regional Finance Conference was co-sponsored by Drexel University, Lehigh University, Temple University, University of Delaware and Villanova University. The conference featured five completed research papers presented seminar style and three mini presentations of "early ideas" with preliminary findings.

MAY 4-5, 2017
4th ANNUAL CONFERENCE ON FINANCIAL MARKET REGULATION
AT THE SECURITIES AND EXCHANGE COMMISSION

The SEC, CFS at Lehigh University, CFP at the Robert H. Smith School of Business, and CFA Institute jointly hosted the Fourth Annual Conference on Financial Market Regulation (CFMR 2017). The conference brought together participants from academia, industry and the SEC for an exchange of views on topics of relevance to the Commission. 

To view presented papers, check out the Fourth CFMR eJournal, which is available to all SSRN subscribers at no charge.

MARCH 21, 2017
VISITING LECTURER
AT LEHIGH UNIVERSITY'S BAKER HALL IN ZOELLNER ARTS CENTER

Talk given by Brad Katsuyama, IEX CEO

While working as an equities trader at the Royal Bank of Canada, Brad Katsuyama noticed that when he tried to buy stocks for his clients, the offers vanished from his computer screen before he could complete the transaction, as if someone was watching him, and the stock prices went up.

In his quest to find out why, Katsuyama, the subject of Michael Lewis’ best seller "Flash Boys: A Wall Street Revolt," discovered that high-frequency traders using computer algorithms can take advantage of their speed and proximity to stock exchanges to front run his trades. His concern that the market was ripping off investors compelled him to quit his high-paying job and start his own stock exchange, IEX. Despite strong opposition from incumbent exchanges, IEX won approval from the Securities and Exchange Commission in June 2016.

This event was co-hosted by the Lehigh’s Visiting Lecturers Committee, Zoellner Arts Center and the CFS.

Read more about this event.

FEBRUARY 16, 2017
UNINTENDED CONSEQUENCES OF FINANCIAL SERVICES PANEL
AT THOMSON REUTERS

Lehigh’s CFS hosted its first conference in New York in February that brought together financial experts to explore the timely topic of “Unintended Consequences of Financial Services Reform.” The conference was co-sponsored by Thomson Reuters, The Lehigh Wall Street Council, and the Lehigh CFS Advisory Council.

Seth Finkel ’80, managing director of Neuberger Berman Wealth Management and a member of the CFS Advisory Board, moderated the discussion among panelists:

  • Mark Flannery, Bank of America Eminent Scholar Chair in Finance, University of Florida
  • Hester Peirce, senior research fellow, Mercatus Center of George Mason University
  • Jay Baris, partner Morrison & Foerster
  • Mark Winer, senior advisor to The Oakleaf Group

2016

NOVEMBER 18, 2016
1st ANNUAL REGIONAL FINANCE RESEARCH SYMPOSIUM
AT DREXEL UNIVERSITY’S LEBOW COLLEGE

The research symposium was co-sponsored by Drexel University, Lehigh University, Temple University and the University of Delaware. The conference featured four completed research papers presented seminar style and six mini presentations of “early ideas” with preliminary findings. It was a day of networking and research discussion.

MAY 12 – 13, 2016
3rd ANNUAL CONFERENCE ON FINANCIAL MARKET REGULATION
AT THE SECURITIES AND EXCHANGE COMMISSION

The SEC, CFS at Lehigh University, CFP at the Robert H. Smith School of Business, and CFA Institute jointly hosted the Third Annual Conference on Financial Market Regulation (CFMR 2016). The goal of the conference was to bring together participants from academia, industry and the SEC for an exchange of views on topics of relevance to the Commission.

WE LOOK FORWARD TO SEEING YOU AT ONE OF OUR UPCOMING EVENTS!