Regulatory Outreach for Student Education

Engaging Students in the Debate Over Financial Services Reform

Today’s debate over regulatory reform is a watershed activity in the careers of financial industry professionals. Years ago, similar debates over mandated pre-funding of pension liabilities (ERISA) and the reunification of investment banking with commercial banking (Glass Steagall's repeal) changed the direction of financial market evolution. Opinions may differ on the merits of those changes, but no one disputes their significance.

Without question, college students and young professionals should be well-versed in the issues involved in today's debate. The Regulatory Outreach for Student Education (ROSE) program is the Center's way to give top students, tomorrow's business and finance leaders, opportunities to experience the financial regulatory process up-close.  The ROSE program is designed to put students in touch with the regulators, policy-makers, and industry leaders who are currently shaping the financial regulatory landscape.  We then challenge them to research and articulate their own positions on the most intriguing and interesting issues.  

ROSE Program Blog

Thursday, March 13, 2014

CSFME Encourages Fordham Students to Let Their Voices Be Heard

March 13 Web Meeting Invites Fordham Business Students to Submit Comments to the FSB


Author: David Schwartz J.D. CPA

In a web based meeting today, CSFME's Executive Director Ed Blount and Senior Policy Analyst David Schwartz met with a group of Fordham University's graduate and undergraduate business students to invite them to participate in the real world of regulatory policy.  The focus of this meeting was the Financial Stability Board's recent proposal regarding the "Assessment Methodologies for Identifying Non-Bank Non-Insurer Global SIFIs."  After a brief discussion of some of the goals of the FSB's proposal and some the most provocative issues raised by the consultative document, Messrs. Blount and Schwartz challenged the students to research and formulate their own positions on the consultative document with an eye on submitting formal comment letters to the FSB.   

This web-based meeting was part of CSFME's Regulatory Outreach for Student Education (ROSE) program designed to give college students studying business and economics the opportunity to meet financial policy makers and regulators, and experience some practical application of what they are learning in their classes.  This virtual meeting prefaces three upcoming real life excursions to the Federal Reserve Bank of New York on March 20, a meeting with officials from the Investment Company Institute at Fordham's Lincoln Center facility on March 24, and a round robin tour of regulators and policy makers in Washington, DC on April 16.  No doubt the FSB's proposed non-bank SIFI framework will be high on the list of topics covered at each of those events.   

CSFME recorded the March 13 virtual meeting, which can be viewed below. The powerpoint presentation used during the meeting is available via this link.   For more information about the ROSE program visit the Center's Outreach page.  Please contact us if your university would like to participate in the ROSE program or if your agency would like to host a meeting for students.  

CSFME ROSE Webinar. FSB Consultative Document. March 13, 2014

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