BIO:
Professor Frank Partnoy is one of the world’s leading experts on the complexities of modern finance and financial market regulation. He created some of the ancestor deals to the recent credit crisis while working in Morgan Stanley’s derivatives group, and has spent the past decade as a law professor teaching corporate law and finance at the University of San Diego, and as an expert writing and speaking about markets to Congress, regulators, academics, and investors. He has written two popular trade press books on markets, F.I.A.S.C.O. and Infectious Greed, and is co-author of a leading corporate law casebook. He has written dozens of opinion pieces for The New York Times and The Financial Times, and more than two dozen scholarly articles published in academic journals including The Journal of Finance.
INTERESTS:
The primary reason I am interested is that you have assembled a smart, thoughtful, and balanced group of people, who are approaching the question of optimal regulatory response from the perspective of investors, rather than other entrenched interests. I am particularly interested in how regulators approach problems related to financial innovation, structured finance, and complex products, including over-the-counter derivatives. I have been active in discussions with Congress and regulators about the role of the credit rating agencies and regulation that depends on ratings, and am interested in those issues as well. My other topics of interest would include hedge funds (particularly hedge fund activism), corporate voting, and the role of litigation in financial markets. I am particularly interested in ensuring that we have a robust ex post approach to resolving dispute among parties to complex transactions, and I am skeptical of ex ante and self-regulatory approaches to problems in financial innovation.
