In coordination with:
Introduction and Overview of Reform Efforts
Panel I: Market Failure and the Need for Regulation
This panel will discuss evidence of market failure in consumer credit markets, as the impetus for regulatory intervention in these markets. Research documenting evidence of market failure, specifically evidence of systemic consumer mistakes, will be presented and critiqued.
Moderator: Oren Bar-Gill, Professor of Law, NYU school of Law
Panel II: Who Should Regulate Consumer Credit Products?
This panel will discuss the strengths and weaknesses of the current regulatory scheme and ask whether and how this scheme should be reformed. The Obama Administration’s Consumer Financial Protection Agency proposal will be considered along with other alternatives.
Moderator: Michael V. Campbell, Counsel, Federal Reserve Bank of New York
Keynote Speaker: Elizabeth Warren, Leo Gottlieb Professor of Law, Harvard Law School
Panel III: How Should We Regulate Consumer Credit Products?
This panel will discuss the substance of current and proposed regulations and debate the optimal scope of the powers granted to the new Consumer Financial Protection Agency or other agency entrusted with the regulation of consumer credit products.
Moderator: Oren Bar-Gill , Professor of Law, NYU School of Law