The Center for the Study of Financial Market Evolution (CSFME) is an independent, nonprofit organization whose mission is to improve transparency, reduce risks, support research, and promote sound regulation of financial markets. It does so by conducting data-driven analysis, providing investor education and outreach, and supporting regulatory reviews in otherwise opaque markets. It serves individual and institutional investors, banks, brokers, other financial market participants, academic institutions, and government regulatory agencies.

The CSFME Management Team

Ed Blount, Executive Director

Ed Blount, Executive Director

Mr. Blount, who founded the Center in 2006, has testified as a capital markets expert before all three branches of the U.S. federal government. Apart from his non-profit work, he has been a successful entrepreneur, writer and consultant for 30 years.  When, in 2007, Ed sold ASTEC Consulting Group to a Fortune 500 data systems vendor, the firm's research cooperatives and online risk/pricing systems were serving 500 institutional investors with counterparty exposures of US$3 trillion. Part of the sale proceeds were deposited in a foundation to fund the Center's activities.


Kevin Talty, Senior Compliance Liaison

Mr. Talty manages relationships with financial institutions who participate in the Center's global research studies. For over 25 years, Kevin was senior manager for cash management, safekeeping and custody, compliance and operational risk management in the State of Ohio's $200 billion government treasury department. In that role, he coordinated bank and custody contracting for over 100 state accounts, including those of the five state pension funds. Kevin also coordinated with the U.S. State Department and the National Association of State Auditors, Comptrollers and Treasurers to train local government fund managers from emerging market countries.


David Schwartz, Senior Policy Analyst

As the Center's lead analyst for regulatory policy, Mr. Schwartz tracks changes in global financial regulation and provides up-to-the-minute reports on key market developments. David is the former senior counsel for the Mutual Fund Directors Forum, a not-for-profit membership organization formed at the behest of the SEC to promote sound corporate governance principles for mutual fund independent directors. David is a certified public accountant and attorney, admitted to practice before the United States Supreme Court and the United States Tax Court.

Mary Catherine Thomas, Senior Editor, Administrative Director

Ms. Thomas has editorial authority for the Center's research publications, as well as responsibility for contracts, finance and staff administration. Cathy has extensive experience with non-profit procurement, research and development, and joined the Center after 10 years with the New York State Department of Education. Cathy has graduate degrees in Finance, Administration and English.