APR 9: Fintech Opportunity and Regulation

Fireside Chat with Richard Berner and Gary Gensler

Richard Berner of New York University’s Stern School of Management and Gary Gensler of MIT’s Sloan School of Management discuss fintech regulation in a “fireside chat.” Lunch will be provided.

Richard Berner is Executive-in-Residence at the Center for Global Economy and Business at the NYU Stern School of Business, and Adjunct Professor in the Department of Economics. He teaches a graduate course in Financial Stability and Risk Management. Berner served as the first Director of the Office of Financial Research (OFR) from 2013 until 2017, and was Counselor to the Secretary of the Treasury from April 2011 to 2013. Berner was a Managing Director, Co-Head of Global Economics and Chief U.S. Economist at Morgan Stanley, and Executive Vice President and Chief Economist at Mellon Bank, and a member of Mellon’s Senior Management Committee. Before joining Salomon Brothers, Morgan Guaranty Trust and Wharton Econometrics, Berner served on the research staff of the Federal Reserve in Washington. He is an Advisor to FinRegLab, a member of the Milken Fintech initiative, an Adviser to MacroPolicy Perspectives, and an Adviser to HData, Inc. He earned his bachelor’s degree in Economics from Harvard and his Ph.D. in Economics from the University of Pennsylvania.

Gary Gensler is Senior Lecturer & Professor of the Practice as of 7/1/19, MIT Sloan School of Management; Senior Advisor to the Director, MIT Media Lab; Co-Director, Fintech@CSAIL; and Chairman of the Maryland Financial Consumer Protection Commission. He formerly was Chairman of the U.S. Commodity Futures Trading Commission, leading the Obama Administration’s reform of the $400 trillion swaps market. During the Clinton Administration, he was Under Secretary of the Treasury for Domestic Finance, and Assistant Secretary of the Treasury. He was CFO for Hillary Clinton’s 2016 presidential campaign. Previously, Gensler was a partner at Goldman Sachs, including leading fixed income and currency trading in Asia and serving as co-head of Finance. He earned his MBA and BSE from the Wharton School, University of Pennsylvania. He is a recipient of the 2014 Tamar Frankel Fiduciary Prize.