Partner, Fusion Law, PLLC
Paul is the founding partner of Fusion Law, PLLC. He has extensive experience with state, federal, and global regulators building coalitions and implementing policies to promote innovation in financial services. He is responsible for designing and implementing the first state (Arizona) and federal (CFPB) FinTech sandboxes in the United States. He also designed the CFPB no-action letter and trial disclosure policies. He helped found the first global regulatory innovation coalition (Global Financial Innovation Network) and led the founding of the first U.S. regulatory innovation coalition (American Consumer Financial Innovation Network). He served on the Financial Stability Oversight Council subcommittee on digital assets. He also has drafted state-level laws on blockchain and utility tokens.
Paul also has significant enforcement and litigation experience. He led many multi-state consumer protection enforcement matters as Civil Litigation Division Chief at the Arizona Attorney General’s Office.
Prior to his government service, Paul practiced law in the areas of securities litigation and transactional work for approximately six years at two well-known law firms. He also clerked on the U.S. Court of Appeals for the Fourth Circuit.
Associate, Maynard Nexsen
Danielle is an Associate in Maynard Nexsen’s Cybersecurity & Privacy practice group. She utilizes her background in legislative and regulatory policy to advise companies in the rapidly evolving landscape of data privacy.
Before joining Maynard Nexsen, Danielle served as Senior Counsel for the U.S. House of Representatives Committee on Financial Services’s Subcommittee on Digital Assets, Financial Technology and Inclusion, where she advanced legislation to regulate cryptocurrencies. She also worked for a consulting firm providing regulatory strategy and compliance services to clients in the financial services industry. While in law school, Danielle worked in the office of Commissioner Hester Peirce at the Securities and Exchange Commission.
Prior to attending law school, Danielle served as tax policy advisor to Senator Patrick Toomey and tax legislative assistant for the U.S. House of Representatives Committee on Ways and Means. She also worked as a Tax Associate for a Big Four accounting firm.
Danielle holds a J.D., cum laude, from Georgetown University Law Center. She earned her B.S., summa cum laude, in Commerce and Business Administration from the University of Alabama, where she also earned her Master of Tax Accounting. Danielle is a Certified Public Accountant licensed in Virginia.
Partner, Oliver Wyman
Douglas Elliott is a Partner at Oliver Wyman in New York, where he focuses on financial regulation and associated public policy issues and their implications for the financial sector.
He analyzes a wide range of issues and has published papers on such diverse topics as “Financial Institutions in an Age of Populism,” “Data Rights in Finance,” and “Tackling Global Market Fragmentation in Banking.” He has also written extensively on the impacts of capital and liquidity requirements, including a 150-page literature review in 2016, which followed on an earlier study for the IMF. Recently he addressed the finance ministers and central bank governors of the 28 EU member states on the topic of “Rebooting Capital Markets Union.”
Prior to joining the firm, he was a Fellow in Economic Studies at The Brookings Institution, generally ranked as the world’s top think tank. He primarily analyzed financial institutions and markets and their regulation, along with extensive analysis of the Euro Crisis. He has twice been a Visiting Scholar at the International Monetary Fund. Mr. Elliott also worked as a consultant for the IMF, the World Bank, and the Asian Development Bank. Prior to Brookings, he was a financial institutions investment banker for two decades, principally at J.P. Morgan.
He has testified multiple times before both houses of Congress and participated in numerous speaking engagements, as well as appearing widely in the major media outlets. The New York Times has described his analyses as “refreshingly understandable” and “without a hint of dogma or advocacy.”
Mr. Elliott graduated from Harvard College magna cum laude with an A.B. in Sociology in 1981. In 1984, he graduated from Duke University with an M.A. in Computer Science.
Executive Director, Milken Institute Center for Financial Markets
Michael S. Piwowar is the executive director of the Milken Institute Center for Financial Markets. Dr. Piwowar served as a Commissioner at the U.S. Securities and Exchange Commission from August 15, 2013 to July 6, 2018. He was first appointed to the SEC by President Barack Obama and was designated Acting Chairman of the Commission by President Donald Trump from January 23, 2017 to May 4, 2017. He was previously the Republican chief economist for the U.S. Senate Committee on Banking, Housing, and Urban Affairs under Senators Mike Crapo (R-ID) and Richard Shelby (R-AL) and served as the lead Republican economist on the four SEC-related titles of the Dodd-Frank Act and the JOBS Act. During the financial crisis and its immediate aftermath, Dr. Piwowar served in a one-year fixed-term position at the White House as a senior economist at the President’s Council of Economic Advisers (CEA) in both the George W. Bush and Barack Obama Administrations. Before joining the White House, Dr. Piwowar worked as a Principal at the Securities Litigation and Consulting Group (SLCG). He received a B.A. in Foreign Service and International Politics from the Pennsylvania State University, an M.B.A. from Georgetown University, and a Ph.D. in Finance from the Pennsylvania State University.
Former Commissioner, The Commodity Futures Trading Commission
Dawn Stump is a senior leader and regulatory expert in domestic and international financial services. Her experience and thought leadership have tactically identified potential risks and initiated regulatory and systemic solutions to protect industries, infrastructures, and economies. Based on her global perspective and industry expertise, Dawn is able to raise critical financial services issues to the board level and/or the global stage as business environments fluctuate. She is widely respected for her leadership, bipartisanism, and consensus building among senior government officials, senior regulatory ministry officials, corporate, and academic leaders worldwide.
Recently, she completed her term as a Commissioner of the CFTC, the independent U.S. agency that regulates the $200+ Trillion derivatives market. As one of five Commissioners, she helped to shape the priorities of the agency while overseeing policy direction and internal planning. Dawn prioritized sector resilience in evolving global markets through robust regulatory strategies necessary during market volatility and changing economic environments. Within the agency, she also championed the importance of enterprise-wide risk management practices. Specifically, Dawn initiated new agency wide data protection procedures for the consistent handling of data intake and strengthening of responses to potential cyber intrusions.
Previously, as Senior Vice President of the Futures Industry Association and concurrently Executive Director of its Americas Advisory Board, Dawn advised its President and global Board of Directors on the impacts of public policy changes on the industry and association members. Earlier, she was Vice President of Government Affairs for NYSE Euronext where she developed regulatory compliance policies alongside her international counterparts to ensure adherence across jurisdictions. Her leadership was critical to the establishment of a new U.S. based derivative exchange/clearing house.
During her early career in public service, she served as majority and minority senior professional staff for the U.S. Senate Committee on Agriculture, Nutrition & Forestry, U.S. House of Representatives Committee on Agriculture, and initially on the staff of U.S. Senator Phil Gramm. She was actively involved in negotiating the reform of derivatives regulations contained in the Dodd-Frank Act and efforts to conduct oversight of commodity and financial derivatives, under the jurisdiction of the CFTC.
Dawn shares her professional expertise as a member of the 3-person Advisory Council to the Women In Derivative’s (WIND) Board of Directors and through committee service for the National Charity League. She earned a Bachelor of Science from Texas Tech University in Lubbock, Texas and is a past President of the Texas Tech Alumni Association’s Washington, DC Chapter. Dawn and her husband have two children and live in the greater Washington, DC area.
Executive Director, The Financial Technology and Cybersecurity Center
Thomas P. Vartanian is the Executive Director of the Financial Technology & Cybersecurity Center, an author, financial services advisor, expert witness, and board mentor. He is the former Executive Director of the Program on Financial Regulation & Technology at George Mason University’s Antonin Scalia Law School, where he was also a Professor of Law. Between 1983 and 2018, he chaired the Financial Institution’s practices at two international law firms, Dechert LLP and Fried Frank LLP, through four financial crises. Both as a regulator and private practitioner, he has represented parties in a majority of the 50 largest financial institution failures in American history.
Mr. Vartanian served in the Reagan Administration during the S&L crisis as General Counsel of the Federal Home Loan Bank Board and the FSLIC. Prior to that, he served in the Carter Administration in the Office of the Comptroller of the Currency as Special Assistant to the Chief Counsel. Since departing government service, he has advised many subsequent presidential administrations on financial institution issues.
Mr. Vartanian is a futurist and expert in financial technology who has been described by clients in Chambers as “one of the best financial services lawyers in America.” Mr. Vartanian was Chairman of the American Bar Association’s Cyberspace Law Committee between 1998 and 2002, where he chaired an international task force of lawyers from twenty countries which released a seminal report in London in 2000 on the novel issues created by doing business in Cyberspace. He is currently a member of the American Association of Bank Directors’ Task Force on Bank Director Personal Liability Mitigation.
Mr. Vartanian has authored more than four hundred articles and eight books, including his new book, 200 Years of American Financial Panics: Crashes, Recessions, Depressions, and the Technology That Will Change It All chronicling the country’s tumultuous financial history and the impact that technology will have on its future.
He is a frequent lecturer and media commentator on the financial services industry, having appeared on Bloomberg TV, CNN, Fox News, Newsmax, PBS and various local and national radio shows. He has also taught financial services and digital commerce law at Georgetown Law School, George Washington Law School, and Boston University School of Law, and has been a guest lecturer at Harvard Law School.
In 2008, Mr. Vartanian was named “Washingtonian of the Year” based on his use of music and sports to raise money for charities in the D.C. metropolitan area. As a musician, he appeared in the first production in the United States in 1970 of Joseph and the Amazing Technicolor Dreamcoat. His classic rock band, The Johnny Esquire Band, has helped raise approximately $5,000,000 for charities in the Washington D.C. area over the last twenty-five years. Mr. Vartanian also founded and plays for the Washington All Stars, a senior baseball team that has raised more than $500,000 for Special Olympics.
His next book, The Unhackable Internet, will be published in early 2023.
Partner, Fusion Law, PLLC
Paul is the founding partner of Fusion Law, PLLC. He has extensive experience with state, federal, and global regulators building coalitions and implementing policies to promote innovation in financial services. He is responsible for designing and implementing the first state (Arizona) and federal (CFPB) FinTech sandboxes in the United States. He also designed the CFPB no-action letter and trial disclosure policies. He helped found the first global regulatory innovation coalition (Global Financial Innovation Network) and led the founding of the first U.S. regulatory innovation coalition (American Consumer Financial Innovation Network). He served on the Financial Stability Oversight Council subcommittee on digital assets. He also has drafted state-level laws on blockchain and utility tokens.
Paul also has significant enforcement and litigation experience. He led many multi-state consumer protection enforcement matters as Civil Litigation Division Chief at the Arizona Attorney General’s Office.
Prior to his government service, Paul practiced law in the areas of securities litigation and transactional work for approximately six years at two well-known law firms. He also clerked on the U.S. Court of Appeals for the Fourth Circuit.
President & Chief Executive Officer, Bank Policy Institute
Greg Baer is the President and Chief Executive Officer at the Bank Policy Institute. Previously, he served as President of The Clearing House Association and Executive Vice President and General Counsel of The Clearing House Payments Company, the largest private sector payments operator in the United States.
Prior to joining The Clearing House, Mr. Baer was Managing Director and Head of Regulatory Policy at JPMorgan Chase. He previously served as General Counsel for Corporate and Regulatory Law at JPMorgan Chase, supervising the company’s legal work with respect to financial reporting, global regulatory affairs, intellectual property, private equity and corporate M&A, and data protection and privacy.
Mr. Baer previously served as Deputy General Counsel for Corporate Law at Bank of America, and as a partner and co-head of the financial institutions group at Wilmer, Cutler, Pickering, Hale & Dorr. From 1999 to 2001, Mr. Baer served as Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury, after serving as Deputy Assistant Secretary. Prior to working for the Treasury Department, Mr. Baer was managing senior counsel at the Board of Governors of the Federal Reserve System.
Mr. Baer received his J.D. cum laude from Harvard Law School in 1987, and served as managing editor of the Harvard Law Review. He received his A.B. with honors from the University of North Carolina at Chapel Hill in 1984.
Mr. Baer also serves as an adjunct professor at Georgetown University Law School, and is a member of the Economic Club of Washington. He currently serves on the board of Honors Carolina, and previously served on the boards of Enterprise Community Partners, the DC College Access Program, and the Appleseed Foundation. He is also the author of two books: The Great Mutual Fund Trap (Random House, 2002) and Life: The Odds (And How to Improve Them) (Penguin-Putnam, 2003).
Principal, Ely & Company, Inc.
Bert Ely has specialized in deposit insurance and banking structure issues since 1981. In 1986, he became an early predictor of the S&L crisis and a taxpayer bailout of the FSLIC. In 1991, he was the first person to correctly predict the non-crisis in commercial banking; in 1992, he predicted an eventual taxpayer bailout of the Japanese banking system.
Bert continuously monitors conditions in the banking and S&L industries, monetary policy, and the growing federalization of credit risk. He has helped to draft legislation to enact the cross-guarantee concept for privatizing banking regulation and its related deposit insurance and systemic risks. He has testified on numerous occasions before congressional committees on banking issues and he often speaks on these matters to bankers and others.
Bert first established his consulting practice in 1972. Before that, he was the chief financial officer of a public company, a consultant with Touche, Ross & Company, and an auditor with Ernst & Ernst. He received his MBA from the Harvard Business School in 1968 and his Bachelor's degree in economics in 1964 from Case Western Reserve University.
Senior Counsel, Willkie Farr & Gallagher LLP
J. Christopher “Chris” Giancarlo is senior counsel at Willkie Farr & Gallagher LLP, based in the firm’s New York office. Chris served as the thirteenth Chairman of the U.S. Commodity Futures Trading Commission (CFTC), where he oversaw regulation of the futures, options and swaps derivatives markets. Chris was also a successful entrepreneur helping GFI Group Inc. grow into a leading trading platform and technology vendor to global markets for OTC swaps and other derivatives and managing GFI’s successful private equity financing and IPO.
Chris is a renowned blockchain technology advocate and key contributor to the global discourse on cryptocurrencies and digital assets. During his tenure at the CFTC (2014-2019), Chris oversaw the first bitcoin futures products entering the marketplace and applied a “Do No Harm” regulatory approach towards blockchain technology.
Chris has testified often about financial and derivatives markets before the U.S. Congress and EU Parliament and is a frequent guest on broadcast radio and television, including BloombergTV, CNBC, Fox Business and the BBC, as well as podcasts such as “Unchained” and “CoinDesk.” Chris has written and spoken extensively on public policy, legal and other matters involving technology and the financial markets and has authored numerous white papers, articles and op-eds that have been published in The Wall Street Journal, Financial Times, Cato Journal, New York Law Journal, Les Echos and Coinbase.
Chris has over 45,000 followers on Twitter as @giancarloMKTS where he is known as “CryptoDad.”
Senior Fellow, Mises Institute
Alex J. Pollock is a Senior Fellow with the Mises Institute, providing thought and policy leadership on financial issues and the study of financial systems. His work includes cycles of booms and busts, financial crises with their political responses, housing finance, government-sponsored enterprises, risk and uncertainty, central banking, banking and financial regulation, corporate governance, retirement finance, student loans, and the politics of finance.
He previously served as the Principal Deputy Director of the Office of Financial Research in the U.S. Treasury Department 2019-2021. He was a Distinguished Senior Fellow with the R Street Institute 2015-2019 and 2021, and a resident fellow at the American Enterprise Institute, 2004-2015. Among the many aspects of his AEI work, he developed the One Page Mortgage Form to give borrowers in clear form the key information they need in order to know what they are committing themselves to. He was President and CEO of the Federal Home Loan Bank of Chicago from 1991 to 2004. There he invented the Mortgage Partnership Finance program, which successfully created front-end mortgage credit risk sharing beginning in 1997. His decades of banking experience include being a Visiting Scholar at the Federal Reserve Bank of St. Louis, 1991.
Pollock was a director of the CME Group 2004-2019 and of Ascendium Education Group 1989-2019. He is a director and past-chairman of the Great Books Foundation and a past president of the International Union for Housing Finance.
He is the co-author of Surprised Again! - The COVID Crisis and the New Market Bubble (2022), and the author of Finance and Philosophy—Why We’re Always Surprised (2018) and Boom and Bust: Financial Cycles and Human Prosperity (2011), as well as numerous articles and Congressional testimony.
Pollock is a graduate of Williams College, the University of Chicago, and Princeton University.
His work is available on alexjpollock.com.
President & Chief Executive Officer, Bank Policy Institute
Greg Baer is the President and Chief Executive Officer at the Bank Policy Institute. Previously, he served as President of The Clearing House Association and Executive Vice President and General Counsel of The Clearing House Payments Company, the largest private sector payments operator in the United States.
Prior to joining The Clearing House, Mr. Baer was Managing Director and Head of Regulatory Policy at JPMorgan Chase. He previously served as General Counsel for Corporate and Regulatory Law at JPMorgan Chase, supervising the company’s legal work with respect to financial reporting, global regulatory affairs, intellectual property, private equity and corporate M&A, and data protection and privacy.
Mr. Baer previously served as Deputy General Counsel for Corporate Law at Bank of America, and as a partner and co-head of the financial institutions group at Wilmer, Cutler, Pickering, Hale & Dorr. From 1999 to 2001, Mr. Baer served as Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury, after serving as Deputy Assistant Secretary. Prior to working for the Treasury Department, Mr. Baer was managing senior counsel at the Board of Governors of the Federal Reserve System.
Mr. Baer received his J.D. cum laude from Harvard Law School in 1987, and served as managing editor of the Harvard Law Review. He received his A.B. with honors from the University of North Carolina at Chapel Hill in 1984.
Mr. Baer also serves as an adjunct professor at Georgetown University Law School, and is a member of the Economic Club of Washington. He currently serves on the board of Honors Carolina, and previously served on the boards of Enterprise Community Partners, the DC College Access Program, and the Appleseed Foundation. He is also the author of two books: The Great Mutual Fund Trap (Random House, 2002) and Life: The Odds (And How to Improve Them) (Penguin-Putnam, 2003).
Principal, Ely & Company, Inc.
Bert Ely has specialized in deposit insurance and banking structure issues since 1981. In 1986, he became an early predictor of the S&L crisis and a taxpayer bailout of the FSLIC. In 1991, he was the first person to correctly predict the non-crisis in commercial banking; in 1992, he predicted an eventual taxpayer bailout of the Japanese banking system.
Bert continuously monitors conditions in the banking and S&L industries, monetary policy, and the growing federalization of credit risk. He has helped to draft legislation to enact the cross-guarantee concept for privatizing banking regulation and its related deposit insurance and systemic risks. He has testified on numerous occasions before congressional committees on banking issues and he often speaks on these matters to bankers and others.
Bert first established his consulting practice in 1972. Before that, he was the chief financial officer of a public company, a consultant with Touche, Ross & Company, and an auditor with Ernst & Ernst. He received his MBA from the Harvard Business School in 1968 and his Bachelor's degree in economics in 1964 from Case Western Reserve University.
Senior Counsel, Willkie Farr & Gallagher LLP
J. Christopher “Chris” Giancarlo is senior counsel at Willkie Farr & Gallagher LLP, based in the firm’s New York office. Chris served as the thirteenth Chairman of the U.S. Commodity Futures Trading Commission (CFTC), where he oversaw regulation of the futures, options and swaps derivatives markets. Chris was also a successful entrepreneur helping GFI Group Inc. grow into a leading trading platform and technology vendor to global markets for OTC swaps and other derivatives and managing GFI’s successful private equity financing and IPO.
Chris is a renowned blockchain technology advocate and key contributor to the global discourse on cryptocurrencies and digital assets. During his tenure at the CFTC (2014-2019), Chris oversaw the first bitcoin futures products entering the marketplace and applied a “Do No Harm” regulatory approach towards blockchain technology.
Chris has testified often about financial and derivatives markets before the U.S. Congress and EU Parliament and is a frequent guest on broadcast radio and television, including BloombergTV, CNBC, Fox Business and the BBC, as well as podcasts such as “Unchained” and “CoinDesk.” Chris has written and spoken extensively on public policy, legal and other matters involving technology and the financial markets and has authored numerous white papers, articles and op-eds that have been published in The Wall Street Journal, Financial Times, Cato Journal, New York Law Journal, Les Echos and Coinbase.
Chris has over 45,000 followers on Twitter as @giancarloMKTS where he is known as “CryptoDad.”
Senior Fellow, Mises Institute
Alex J. Pollock is a Senior Fellow with the Mises Institute, providing thought and policy leadership on financial issues and the study of financial systems. His work includes cycles of booms and busts, financial crises with their political responses, housing finance, government-sponsored enterprises, risk and uncertainty, central banking, banking and financial regulation, corporate governance, retirement finance, student loans, and the politics of finance.
He previously served as the Principal Deputy Director of the Office of Financial Research in the U.S. Treasury Department 2019-2021. He was a Distinguished Senior Fellow with the R Street Institute 2015-2019 and 2021, and a resident fellow at the American Enterprise Institute, 2004-2015. Among the many aspects of his AEI work, he developed the One Page Mortgage Form to give borrowers in clear form the key information they need in order to know what they are committing themselves to. He was President and CEO of the Federal Home Loan Bank of Chicago from 1991 to 2004. There he invented the Mortgage Partnership Finance program, which successfully created front-end mortgage credit risk sharing beginning in 1997. His decades of banking experience include being a Visiting Scholar at the Federal Reserve Bank of St. Louis, 1991.
Pollock was a director of the CME Group 2004-2019 and of Ascendium Education Group 1989-2019. He is a director and past-chairman of the Great Books Foundation and a past president of the International Union for Housing Finance.
He is the co-author of Surprised Again! - The COVID Crisis and the New Market Bubble (2022), and the author of Finance and Philosophy—Why We’re Always Surprised (2018) and Boom and Bust: Financial Cycles and Human Prosperity (2011), as well as numerous articles and Congressional testimony.
Pollock is a graduate of Williams College, the University of Chicago, and Princeton University.
His work is available on alexjpollock.com.
Partner, Cahill Gordon & Reindel LLP; Special Professor of Law, Maurice A. Dean School of Law, Hofstra University
Gary E. Kalbaugh is a nationally recognized leader in commodities, futures, and derivatives law.
Gary is a partner in the New York office of Cahill Gordon & Reindel LLP as well as a Special Professor of Law at the Maurice A. Deane School of Law at Hofstra University, where he teaches derivatives law and banking law.
A preeminent authority in the derivatives field, Gary is the author of the principal treatise Derivatives Law and Regulation (3rd ed. 2021) and serves as Editor-in-Chief of the Futures and Derivatives Law Report, the foremost industry publication. He is a past chair of the New York City Bar Association’s Committee on the Regulation of Futures and Derivatives and has over 15 years of experience as a professor teaching derivatives and banking law.
Gary is the leading derivatives lawyer in the digital assets space, and one of few to truly understand the technical side of emerging financial technology. He serves on the CFTC’s Future of Finance Subcommittee, reflecting his recognized leadership at the intersection of financial regulation and emerging technologies. A frequent speaker, writer, and commentator on derivatives, banking law, artificial intelligence, and digital assets regulation, he has served as conference co-chair for the American Bar Association’s “Artificial Intelligence and Derivatives Market” conference and regularly speaks at major industry conferences on cutting-edge issues in financial regulation and technology. Gary is sought after as a thought leader on the evolving landscape of digital asset regulation and the regulatory implications of AI in financial markets.
At ING, Gary served as Deputy General Counsel and Director, where he chaired swap dealer and security-based swap dealer regulatory committees and provided strategic leadership on U.S., European, and other regulations impacting the organization. He had global responsibility for U.S. derivatives regulatory issues and maintained strong relationships with regulators. Gary also co-developed ING legal’s global artificial intelligence training program and was responsible for U.S. regulatory issues relating to ING’s blockchain-based pilot programs and crypto initiatives.
Previously, Gary served as a lecturer-in-law at Columbia Law School and held senior roles at WestLB, where he was executive director, counsel, and chief U.S. data protection officer and chaired the global Dodd-Frank and underwriting committees. He began his career as an associate at a notable international firm.
Managing Partner, Kirby McInerney LLP
David E. Kovel is a managing partner at Kirby McInerney LLP focusing on commodities, antitrust, whistleblower, securities and corporate governance matters.
Mr. Kovel represented a whistleblower client who was awarded nearly $200 million by the whistleblower program of the Commodity Futures Trading Commission (“CFTC”). This landmark CFTC whistleblower award is the largest, publicly-announced single whistleblower award arising under the Dodd-Frank whistleblower reward programs (the CFTC and U.S. Securities and Exchange Commission (“SEC”)) as well as under other whistleblower programs including the IRS and the federal and state false claims acts.
Additionally, Mr. Kovel has been recognized as an expert on antitrust and commodities litigation and is a frequent commentator on these matters. He has an active appellate practice having argued significant commodities, antitrust and whistleblower matters before various appeals courts. Mr. Kovel also has an active pro bono practice.
Mr. Kovel is admitted to the New York State Bar, the Connecticut State Bar, the United States District Courts for the Southern, Eastern, and Western Districts of New York, the United States Court of Appeals for the First Circuit, Second Circuit, D.C. Circuit. He has been a member of the New York City Bar Association Committee on Futures and Derivatives Regulation, and is a former member of the New York City Bar Association Antitrust Committee. He graduated from Yale University (B.A.), Columbia University School of Law (J.D.) and Columbia University Graduate School of Business (M.B.A.).
Partner, Cahill Gordon & Reindel LLP; Special Professor of Law, Maurice A. Dean School of Law, Hofstra University
Gary E. Kalbaugh is a nationally recognized leader in commodities, futures, and derivatives law.
Gary is a partner in the New York office of Cahill Gordon & Reindel LLP as well as a Special Professor of Law at the Maurice A. Deane School of Law at Hofstra University, where he teaches derivatives law and banking law.
A preeminent authority in the derivatives field, Gary is the author of the principal treatise Derivatives Law and Regulation (3rd ed. 2021) and serves as Editor-in-Chief of the Futures and Derivatives Law Report, the foremost industry publication. He is a past chair of the New York City Bar Association’s Committee on the Regulation of Futures and Derivatives and has over 15 years of experience as a professor teaching derivatives and banking law.
Gary is the leading derivatives lawyer in the digital assets space, and one of few to truly understand the technical side of emerging financial technology. He serves on the CFTC’s Future of Finance Subcommittee, reflecting his recognized leadership at the intersection of financial regulation and emerging technologies. A frequent speaker, writer, and commentator on derivatives, banking law, artificial intelligence, and digital assets regulation, he has served as conference co-chair for the American Bar Association’s “Artificial Intelligence and Derivatives Market” conference and regularly speaks at major industry conferences on cutting-edge issues in financial regulation and technology. Gary is sought after as a thought leader on the evolving landscape of digital asset regulation and the regulatory implications of AI in financial markets.
At ING, Gary served as Deputy General Counsel and Director, where he chaired swap dealer and security-based swap dealer regulatory committees and provided strategic leadership on U.S., European, and other regulations impacting the organization. He had global responsibility for U.S. derivatives regulatory issues and maintained strong relationships with regulators. Gary also co-developed ING legal’s global artificial intelligence training program and was responsible for U.S. regulatory issues relating to ING’s blockchain-based pilot programs and crypto initiatives.
Previously, Gary served as a lecturer-in-law at Columbia Law School and held senior roles at WestLB, where he was executive director, counsel, and chief U.S. data protection officer and chaired the global Dodd-Frank and underwriting committees. He began his career as an associate at a notable international firm.
Managing Partner, Kirby McInerney LLP
David E. Kovel is a managing partner at Kirby McInerney LLP focusing on commodities, antitrust, whistleblower, securities and corporate governance matters.
Mr. Kovel represented a whistleblower client who was awarded nearly $200 million by the whistleblower program of the Commodity Futures Trading Commission (“CFTC”). This landmark CFTC whistleblower award is the largest, publicly-announced single whistleblower award arising under the Dodd-Frank whistleblower reward programs (the CFTC and U.S. Securities and Exchange Commission (“SEC”)) as well as under other whistleblower programs including the IRS and the federal and state false claims acts.
Additionally, Mr. Kovel has been recognized as an expert on antitrust and commodities litigation and is a frequent commentator on these matters. He has an active appellate practice having argued significant commodities, antitrust and whistleblower matters before various appeals courts. Mr. Kovel also has an active pro bono practice.
Mr. Kovel is admitted to the New York State Bar, the Connecticut State Bar, the United States District Courts for the Southern, Eastern, and Western Districts of New York, the United States Court of Appeals for the First Circuit, Second Circuit, D.C. Circuit. He has been a member of the New York City Bar Association Committee on Futures and Derivatives Regulation, and is a former member of the New York City Bar Association Antitrust Committee. He graduated from Yale University (B.A.), Columbia University School of Law (J.D.) and Columbia University Graduate School of Business (M.B.A.).
CEO, Catawba Digital Economic Zone
Joseph McKinney launched his career in electoral politics by participating in local, state and national political campaigns. In 2014, Joseph entered the blockchain space and was shortly thereafter introduced to key leaders in the Zone development sector.
In 2015, Joseph founded the Startup Societies Foundation, a nonprofit Zone policy think tank, the mother organization of the Institute for Competitive Governance. He also serves as CEO of Nuhanse Network and is currently writing his first book on innovative Zones.
Co-Director, IBM PolicyLab
Ryan Hagemann is a Technology Policy Executive at IBM. He was previously a senior policy fellow at the International Center for Law & Economics. Before joining the International Center for Law & Economics, he was a senior fellow at the Niskanen Center, where he also served as the senior director for policy and director of technology policy. His policy expertise focuses on regulatory governance of emerging technologies, as well as a broader research portfolio that includes genetic modification and regenerative medicine, bioengineering and healthcare IT, artificial intelligence, autonomous vehicles, commercial drones, the Internet of Things, and other issues at the intersection of technology, regulation, and the digital economy. His work on “soft law” governance systems, autonomous vehicles, and commercial drones has been featured in numerous academic journals, and his research and comments have been cited by The New York Times, MIT Technology Review, and The Atlantic, among other outlets. He has been published in The Wall Street Journal, Wired, National Review, The Washington Examiner, U.S. News & World Report, The Hill, and elsewhere.
Ryan graduated from Boston University with a B.A. in international relations, foreign policy, and security studies and holds a Master of Public Policy in science and technology policy from George Mason University.
Principal Attorney, Jossey PLLC
Paul H. Jossey is principal attorney at Jossey PLLC. He has practiced law for six years representing clients in both state and federal court in Florida, Georgia, Virginia, and Washington, DC.
His wide-ranging practice has included everything from simple contract disputes to First Amendment litigation to international terrorism. Paul has specialized in campaign finance and election law for the past three years. He has now expanded into business startup and capitalization focusing on the crowdfunding provisions of Title III of the JOBS Act of 2012, whose regulations went live on May 16, 2016.
In addition to managing his own firm, Paul is an Adjunct Fellow at the Center for Competitive Politics where he researches and writes commentary about campaign finance issues. His work has been published in the New York Post, The Hill, The Federalist, The Daily Caller among others.
Prior to starting his own firm, he worked for law firms in Washington, DC and Alexandria, Virginia. After graduating law school he litigated cases for a nonprofit in Atlanta, Georgia.
He is licensed to practice in Georgia, Virginia, and Washington, DC. He holds a Juris Doctor from Case Western Reserve University School of Law and a Bachelor of Science from the University of Southern Mississippi.
Research Fellow, Harvard Kennedy School
Timothy Massad is currently a Research Fellow at the Kennedy School of Government at Harvard University, an Adjunct Professor of Law at Georgetown Law School and a consultant on financial regulatory and fintech issues.
Mr. Massad served as Chairman of the U.S. Commodity Futures Trading Commission from 2014-2017. Under his leadership, the agency implemented the Dodd Frank reforms of the over-the-counter swaps market and harmonized many aspects of cross-border regulation, including reaching a landmark agreement with the European Union on clearinghouse oversight. The agency also declared virtual currencies to be commodities, introduced reforms to address automated trading and strengthened cybersecurity protections.
Previously, Mr. Massad served as the Assistant Secretary for Financial Stability of the U.S. Department of the Treasury. In that capacity, he oversaw the Troubled Asset Relief Program (TARP), the principal U.S. governmental response to the 2008 financial crisis. During his tenure, Treasury recovered more on all the crisis investments than was disbursed. Mr. Massad was with the Treasury from 2009 to 2014 and also served as a counselor to the Treasury Secretary.
Prior to his government service, Mr. Massad was a partner in the law firm of Cravath, Swaine & Moore, LLP. His practice included corporate finance, derivatives and advising boards of directors. He managed the firm’s Hong Kong office from 1998 to 2002 and represented governments and corporations on transactions throughout Asia. Mr. Massad was also one of a small group of lawyers who drafted the original ISDA standard agreements for swaps.
Senior Fellow and Director of Finance Policy, Competitive Enterprise Institute
John Berlau is a senior fellow and Director of Finance Policy at the Competitive Enterprise Institute. His work focuses on how public policy affects access to capital, entrepreneurship, and investments made by the public and business community alike. In recent years, he has studied the consequences of financial reform efforts passed by Congress like the Sarbanes-Oxley Act, the government’s response to the 2008 financial crisis including the Dodd-Frank Act, the placement of Fannie Mae and Freddie Mac into conservatorship, and the rise of cryptocurrency.
He is also the author of the book George Washington: Entrepreneur: How Our Founding Father’s Private Business Pursuits Changed America and the World. The book received rave reviews in the Wall Street Journal and other forums, and was endorsed by eminent historians and scholars such as Richard Brookhiser, Amity Shlaes, and Craig Shirley.
Berlau is a contributing writer for Forbes. His work has been published and cited in The Wall Street Journal, The New York Times, The Washington Post, Financial Times, Bloomberg News, The Atlantic, Politico, Daily Caller, Washington Examiner, Investor’s Business Daily, National Journal, National Review, American Spectator, Reason Magazine, and more. He is a frequent guest on radio and television programs, including CNBC’s “The Call,” “Power Lunch” and “Closing Bell,” Fox News’ “Fox & Friends” and “Your World with Neil Cavuto,” and Fox Business’ “Cavuto.”
He has testified on the impact of financial regulation before the House Committee on Financial Services and the House Committee on Energy and Commerce. A recognized expert on the phenomenon of crowdfunding, Berlau has spoken at prominent conferences such as South by Southwest Interactive in Austin, Money 20/20 in Las Vegas, the FinTech Global Expo in San Diego, the CFGE Crowdfund Banking and Lending Summit in San Francisco and the Crowdfund Intermediary Regulatory Advocates (CFIRA) Summit in Washington, D.C. He is also author of the widely cited paper “Declaration of Crowdfunding Independence: Finance of the People, by the People, and for the People.”
Berlau is an award-winning financial and political journalist. He served as Washington correspondent for Investor’s Business Daily and as a staff writer for Insight magazine, published by The Washington Times. In 2002, he received the Sandy Hume Memorial Award for Excellence in Political Journalism from Washington’s National Press Club. He was a media fellow at the Hoover Institution in 2003. He graduated from the University of Missouri-Columbia in 1994 with degrees in journalism and economics.
Executive Director, Coin Center
Jerry Brito is executive director of Coin Center, a non-profit research and advocacy center focused on the public policy issues facing cryptocurrency technologies such as Bitcoin.
Now, steel yourself for some serious signaling and credentialism:
Jerry lives in Annandale, Virginia, with his wife Kathleen, daughter Penny Lane, and their dog Jerkface.
Senior Adviser, Crito Capital
Dr. Oonagh McDonald, CBE is currently a senior adviser to Crito Capital, a private placement company based in New York.
A former British Member of Parliament, she became an international expert in financial regulation, after losing her seat in the General Election, 1987. She worked with the Asian Development Bank, advising regulatory authorities in a number of countries, including Sri Lanka and Indonesia. More recently, she has worked with USAID in Ukraine and Moldova. She has served as a non-executive director on the board of both financial services companies and regulatory authorities. In 1998, she was awarded the CBE (Commander of the British Empire), a national honor by the Queen for her work in financial regulation.
She is the author of numerous articles and seven books, of which the most recent are: “Holding bankers to account: A decade of market manipulation, regulatory failures and regulatory reforms” (Manchester University Press, 2019) and “Cryptocurrencies: Money, Trust and Regulation” (Agenda Publishing, 2021).
The Uniform Token Regulation Act: A Proposal for States to Lead on Regulatory Clarity for Digital Tokens
Paul N. Watkins, Danielle DuBose Cotter
Federalist Society Review, Volume 23
Digital assets have the potential to transform financial services. They alter the status quo by...
The Government’s Arms Around Cryptocurrency: Hug or Stranglehold?
Douglas Elliott, Michael Piwowar, Dawn Stump, Thomas P. Vartanian, Paul N. Watkins
As the cryptocurrency industry grows, state and federal governments are considering how that industry should...
Central Bank Digital Currency--Efficient Innovation or the End of the Private Banking System?
Greg Baer, Bert Ely, J. Christopher Giancarlo, Alex J. Pollock
Central Bank Digital Currencies (CBDC) are the subject of a global debate. In one version,...
Central Bank Digital Currency--Efficient Innovation or the End of the Private Banking System?
Greg Baer, Bert Ely, J. Christopher Giancarlo, Alex J. Pollock
Central Bank Digital Currencies (CBDC) are the subject of a global debate. In one version,...
How the Largest Whistleblower Award in History Came About
Gary Kalbaugh, David Kovel
On October 21, 2021, the Commodity Futures Trading Commission announced a nearly $200 million whistleblower...
How the Largest Whistleblower Award in History Came About
Gary Kalbaugh, David Kovel
On October 21, 2021, the Commodity Futures Trading Commission announced a nearly $200 million whistleblower...
Tech Roundup Episode 16 – The Catawba Digital Economic Zone
Joseph McKinney, Ryan Hagemann
Regulatory Transparency Project's Fourth Branch Podcast
In February 2022, the Catawba Nation of South Carolina voted to approve the first tribal...
Deep Dive Episode 218 – A Discussion on Stablecoins
Paul H. Jossey, Timothy G. Massad, John Berlau
Regulatory Transparency Project's Fourth Branch Podcast
Stablecoins are unique types of digital tokens that have emerged out of the cryptocurrency revolution...
FedSoc Study Break: Bitcoin / Cryptocurrency Regulation
30 Minutes. Your Questions. Their Answers.
The Federalist Society's Student Division & ASU Law Chapter present Bitcoin / Cryptocurrency Regulation Featuring: Alexandra...
Cryptocurrencies: Money, Trust and Regulation
Jerry Brito, Oonagh Ann McDonald
A Regulatory Transparency Project Webinar
Dr. Oonagh McDonald’s latest book “Cryptocurrencies: Money, Trust and Regulation” discusses the nature of money,...