Director, Federal Housing Finance Agency
Mark Calabria is the Director of the Federal Housing Finance Agency.
He was formerly the chief economist for Vice President Mike Pence. Prior to that, he served as Director of Financial Regulation Studies at the Cato Institute. Before joining Cato in 2009, he spent six years as a member of the senior professional staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs. In that position, Calabria handled issues related to housing, mortgage finance, economics, banking and insurance for Ranking Member Richard Shelby (R-AL). Prior to his service on Capitol Hill, Calabria served as Deputy Assistant Secretary for Regulatory Affairs at the U.S. Department of Housing and Urban Development, and also held a variety of positions at Harvard University’s Joint Center for Housing Studies, the National Association of Home Builders and the National Association of Realtors. Calabria has also been a Research Associate with the U.S. Census Bureau’s Center for Economic Studies.
He has extensive experience evaluating the impacts of legislative and regulatory proposals on financial and real estate markets, with particular emphasis on how policy changes in Washington affect low and moderate income households.
He holds a doctorate in economics from George Mason University.
Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law, Yale Law School
Jonathan R. Macey is Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale University, and Professor in the Yale School of Management. From 1991 – 2004, Professor Macey was J. DuPratt White Professor of Law, Director of the John M. Olin Program in Law and Economics at Cornell Law School, and Professor of Law and Business at the Cornell University Johnson Graduate School of Business. Professor Macey earned his B.A. cum laude from Harvard in 1977, and his J.D. from Yale Law School in 1982, where he was Article and Book Review editor of The Yale Law Journal. In 1996, Professor Macey received a Ph.D. honoris causa from the Stockholm School of Economics. Following law school, Professor Macey was law clerk to Judge Henry J. Friendly on the U.S. Court of Appeals for the Second Circuit.
Professor Macey is the author of several books including the two-volume treatise, Macey on Corporation Laws, published in 1998 (Aspen Law & Business), and co-author of two leading casebooks, Corporations: Including Partnerships and Limited Liability Companies (2003 Thomson West), which is in its eighth edition, and Banking Law and Regulation (2002 Aspen Law & Business), which is now in its third edition. He also is the author of over 100 scholarly articles. His recent articles have appeared in the Banking Law Journal, the University of Chicago Law Review, the Stanford Law Review, The Yale Law Journal, the Cornell Law Review, the Journal of Law and Economics, and the Brookings Wharton Papers on Financial Institutions. He has published numerous editorials in such publications as The Wall Street Journal, Forbes, The Los Angeles Times, and The National Law Journal.
Professor Macey has taught at major universities throughout the world, including Bocconi University (Milan), the University of Tokyo; the University of Toronto; the University of Turin, the University of Amsterdam Department of Finance, and the Stockholm School of Economics, Department of Law. He also has been Professor of Law at the University of Chicago (1990) and Visiting Professor of Law at Harvard Law School (1999). Professor Macey is a Senior Research Fellow at the International Centre for Economic Research (ICER) in Turin, Italy. Professor Macey also serves on the Academic Advisory Board (Comitato Scientifico) of the Associazione Disiano Preite for the study of corporate law (per lo studio del diritto dell’impresa). In 1995, Professor Macey was awarded the Paul M. Bator prize for excellence in Teaching, Scholarship and Public Service by the Federalist Society for Law and Public Policy. In 1996, he received a Ph.D., honoris causa from the Stockholm School of Economics. And in 1998, he received the D.P. Jacobs prize for the most significant paper in volume 6 of the Journal of Financial Intermediation for his paper (co-authored with Maureen O’Hara), “The Law & Economics of Best Execution.”
In 1999 Professor Macey was made an honorary Fellow of the Society For Advanced Legal Studies. In 2000, Professor Macey became a member of the Legal Advisory Committee to the Board of Directors of the New York Stock Exchange. In 2001 Professor Macey was appointed a Bertil Daniellson Distinguished Visiting Professor in Banking and Finance at the Stockholm School of Economics. In 2002 Professor Macey was appointed to the Economic Advisory Board of the National Association of Securities Dealers (NASD). In 2004 Professor Macey was awarded a Teaching Award by the Yale Law Women in recognition of his “commitment to excellence in teaching, mentoring and inspiring.” In 2005 Professor Macey became a member of the Board of Editors of Thomson West Publishing Company.
Chief Executive Officer and Managing Director, Kalorama Partners LLC and Kalorama Legal Services PLLC
Harvey L. Pitt is the Founder, Chief Executive Officer and a Managing Director of the global business consulting firm, Kalorama Partners, LLC, and its law firm affiliate, Kalorama Legal Services, PLLC. Prior to founding the Kalorama firms in 2003, Mr. Pitt served as the twenty-sixth Chairman of the U. S. Securities and Exchange Commission. In that role, from 2001 until 2003, Mr. Pitt was responsible, among other things, for overseeing the SEC’s response to the market disruptions resulting from the terrorist attacks of 9/11, for creating the SEC’s “real time enforcement” program, and for leading the Commission’s unanimous adoption of dozens of rules in response to the corporate and accounting crises generated by the excesses of the 1990s.
For nearly a quarter of a century before becoming SEC Chairman, Mr. Pitt was a senior corporate partner of Fried, Frank LLP, an international law firm, and served as Co-Chair of the firm (1998-2001). He was a founding Trustee and first President of the SEC Historical Society. Former Chairman Pitt appears regularly as a commenter on major televised news programs, and is a frequent speaker on a wide variety of issues, including economics, regulation of capital and financial markets, corporate governance, business ethics, accounting, and legislative matters. Mr. Pitt has served as an Adjunct Faculty Member at the George Washington University Law School (Market Regulation, 1974-82), Georgetown University Law Center (Fraud and Fiduciary Duties, 1975-84), the University of Pennsylvania School of Law (Fraud and Fiduciary Duties, and Takeover Law, 1983-84) and The Yale Law School (Corporate Governance, 2007).
Former Chairman Pitt served previously on the Staff of the SEC (1968-78), including three years as Commission General Counsel (1975-78). Former Chairman Pitt received a J.D. degree from St. John’s University School of Law (1968), and his B.A. degree from the City University of New York (Brooklyn College) (1965). He was awarded an honorary LL.D. degree by St. John’s University (2002), and received the Brooklyn College President’s Medal of Distinction (2003). He co-authored a three volume comprehensive treatise on financial services regulation, entitled The Law of Financial Services (Aspen Law & Publishing, 1988), and has published numerous scholarly articles and monographs on a wide variety of economic, regulatory and legal subjects.
Mr. Pitt is currently a Director and Audit Committee member of Premier Alliance Group, Inc., a public professional services company focused on business, energy and technology advisory and consulting services. He is also a Director as well as the Chairman of the Audit and Compensation Committees of GWU Medical Faculty Associates, Inc., an IRC §501(c)(3) notfor-profit corporation that provides comprehensive medical care to residents of the greater Washington, D.C. metropolitan area. He also serves on the Board of Directors and Audit Committee of the offshore funds of Paulson & Co., and its affiliates. In addition to his fiduciary board positions, Mr. Pitt is a member of the Global Advisory Forum of CQS, a global multi strategy asset management firm, and a member of the Regulatory and Compliance Advisory Council of Millennium Management LLC. Mr. Pitt is also a member of the Advisory Council of the Public Company Accounting Oversight Board, a not-for-profit corporation created by the Sarbanes-Oxley Act, to oversee and regulate the audits of public companies and securities industry brokers and dealers. Mr. Pitt also serves as a Senior Advisor to Teneo Holdings LLC, a global consulting firm that offers a wide variety of strategic planning services to public and private companies, as well as local governments. Former Chairman Pitt previously served as a member of the National Cathedral School Board of Trustees (2006-09), where he was, variously, Board Vice-Chair, Co-Chair of the Board’s Governance Committee and Chair of the Audit and Compensation Committees.r. Pitt also previously served as a Director of Approva Corporation (2004-07), a closelyheld company that provided compliance software for major public companies, and was a member of Approva’s Audit and Strategic Planning Committees. In 2011, Mr. Pitt was inducted into the National Association of Corporate Directors-Directorship 100 Hall of Fame, which acknowledges corporate governance professionals for their lifetime accomplishments and their positive influence on corporate governance. In 2011, Mr. Pitt received the William O. Douglas Award, conferred annually by the Association of Securities and Exchange Commission Alumni, Inc. on an SEC alumnus who has contributed to the development of the federal securities laws or served the financial and SEC community with distinction.
Director of Policy and Special Counsel, AFL-CIO
Damon A. Silvers is the Director of Policy and Special Counsel for the AFL-CIO. He joined the AFL-CIO as Associate General Counsel in 1997.
Mr. Silvers serves on a pro bono basis as a Special Assistant Attorney General for the state of New York. Mr. Silvers is also a member of the Investor Advisory Committee of the Securities and Exchange Commission, the Treasury Department’s Financial Research Advisory Committee, the Public Company Accounting Oversight Board’s Standing Advisory Group and its Investor Advisory Group.
Mr. Silvers served as the Deputy Chair of the Congressional Oversight Panel for TARP from 2008 to 2011. Between 2006 and 2008, Mr. Silvers served as the Chair of the Competition Subcommittee of the United States Treasury Department Advisory Committee on the Auditing Profession and as a member of the United States Treasury Department Investor’s Practice Committee of the President’s Working Group on Financial Markets.
Prior to working for the AFL-CIO, Mr. Silvers worked for the Harvard Union of Clerical and Technical Workers, the Amalgamated Clothing and Textile Workers, and as a law clerk at the Delaware Court of Chancery for Chancellor William T. Allen and Vice-Chancellor Bernard Balick.
Director, Federal Housing Finance Agency
Mark Calabria is the Director of the Federal Housing Finance Agency.
He was formerly the chief economist for Vice President Mike Pence. Prior to that, he served as Director of Financial Regulation Studies at the Cato Institute. Before joining Cato in 2009, he spent six years as a member of the senior professional staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs. In that position, Calabria handled issues related to housing, mortgage finance, economics, banking and insurance for Ranking Member Richard Shelby (R-AL). Prior to his service on Capitol Hill, Calabria served as Deputy Assistant Secretary for Regulatory Affairs at the U.S. Department of Housing and Urban Development, and also held a variety of positions at Harvard University’s Joint Center for Housing Studies, the National Association of Home Builders and the National Association of Realtors. Calabria has also been a Research Associate with the U.S. Census Bureau’s Center for Economic Studies.
He has extensive experience evaluating the impacts of legislative and regulatory proposals on financial and real estate markets, with particular emphasis on how policy changes in Washington affect low and moderate income households.
He holds a doctorate in economics from George Mason University.
Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law, Yale Law School
Jonathan R. Macey is Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale University, and Professor in the Yale School of Management. From 1991 – 2004, Professor Macey was J. DuPratt White Professor of Law, Director of the John M. Olin Program in Law and Economics at Cornell Law School, and Professor of Law and Business at the Cornell University Johnson Graduate School of Business. Professor Macey earned his B.A. cum laude from Harvard in 1977, and his J.D. from Yale Law School in 1982, where he was Article and Book Review editor of The Yale Law Journal. In 1996, Professor Macey received a Ph.D. honoris causa from the Stockholm School of Economics. Following law school, Professor Macey was law clerk to Judge Henry J. Friendly on the U.S. Court of Appeals for the Second Circuit.
Professor Macey is the author of several books including the two-volume treatise, Macey on Corporation Laws, published in 1998 (Aspen Law & Business), and co-author of two leading casebooks, Corporations: Including Partnerships and Limited Liability Companies (2003 Thomson West), which is in its eighth edition, and Banking Law and Regulation (2002 Aspen Law & Business), which is now in its third edition. He also is the author of over 100 scholarly articles. His recent articles have appeared in the Banking Law Journal, the University of Chicago Law Review, the Stanford Law Review, The Yale Law Journal, the Cornell Law Review, the Journal of Law and Economics, and the Brookings Wharton Papers on Financial Institutions. He has published numerous editorials in such publications as The Wall Street Journal, Forbes, The Los Angeles Times, and The National Law Journal.
Professor Macey has taught at major universities throughout the world, including Bocconi University (Milan), the University of Tokyo; the University of Toronto; the University of Turin, the University of Amsterdam Department of Finance, and the Stockholm School of Economics, Department of Law. He also has been Professor of Law at the University of Chicago (1990) and Visiting Professor of Law at Harvard Law School (1999). Professor Macey is a Senior Research Fellow at the International Centre for Economic Research (ICER) in Turin, Italy. Professor Macey also serves on the Academic Advisory Board (Comitato Scientifico) of the Associazione Disiano Preite for the study of corporate law (per lo studio del diritto dell’impresa). In 1995, Professor Macey was awarded the Paul M. Bator prize for excellence in Teaching, Scholarship and Public Service by the Federalist Society for Law and Public Policy. In 1996, he received a Ph.D., honoris causa from the Stockholm School of Economics. And in 1998, he received the D.P. Jacobs prize for the most significant paper in volume 6 of the Journal of Financial Intermediation for his paper (co-authored with Maureen O’Hara), “The Law & Economics of Best Execution.”
In 1999 Professor Macey was made an honorary Fellow of the Society For Advanced Legal Studies. In 2000, Professor Macey became a member of the Legal Advisory Committee to the Board of Directors of the New York Stock Exchange. In 2001 Professor Macey was appointed a Bertil Daniellson Distinguished Visiting Professor in Banking and Finance at the Stockholm School of Economics. In 2002 Professor Macey was appointed to the Economic Advisory Board of the National Association of Securities Dealers (NASD). In 2004 Professor Macey was awarded a Teaching Award by the Yale Law Women in recognition of his “commitment to excellence in teaching, mentoring and inspiring.” In 2005 Professor Macey became a member of the Board of Editors of Thomson West Publishing Company.
Chief Executive Officer and Managing Director, Kalorama Partners LLC and Kalorama Legal Services PLLC
Harvey L. Pitt is the Founder, Chief Executive Officer and a Managing Director of the global business consulting firm, Kalorama Partners, LLC, and its law firm affiliate, Kalorama Legal Services, PLLC. Prior to founding the Kalorama firms in 2003, Mr. Pitt served as the twenty-sixth Chairman of the U. S. Securities and Exchange Commission. In that role, from 2001 until 2003, Mr. Pitt was responsible, among other things, for overseeing the SEC’s response to the market disruptions resulting from the terrorist attacks of 9/11, for creating the SEC’s “real time enforcement” program, and for leading the Commission’s unanimous adoption of dozens of rules in response to the corporate and accounting crises generated by the excesses of the 1990s.
For nearly a quarter of a century before becoming SEC Chairman, Mr. Pitt was a senior corporate partner of Fried, Frank LLP, an international law firm, and served as Co-Chair of the firm (1998-2001). He was a founding Trustee and first President of the SEC Historical Society. Former Chairman Pitt appears regularly as a commenter on major televised news programs, and is a frequent speaker on a wide variety of issues, including economics, regulation of capital and financial markets, corporate governance, business ethics, accounting, and legislative matters. Mr. Pitt has served as an Adjunct Faculty Member at the George Washington University Law School (Market Regulation, 1974-82), Georgetown University Law Center (Fraud and Fiduciary Duties, 1975-84), the University of Pennsylvania School of Law (Fraud and Fiduciary Duties, and Takeover Law, 1983-84) and The Yale Law School (Corporate Governance, 2007).
Former Chairman Pitt served previously on the Staff of the SEC (1968-78), including three years as Commission General Counsel (1975-78). Former Chairman Pitt received a J.D. degree from St. John’s University School of Law (1968), and his B.A. degree from the City University of New York (Brooklyn College) (1965). He was awarded an honorary LL.D. degree by St. John’s University (2002), and received the Brooklyn College President’s Medal of Distinction (2003). He co-authored a three volume comprehensive treatise on financial services regulation, entitled The Law of Financial Services (Aspen Law & Publishing, 1988), and has published numerous scholarly articles and monographs on a wide variety of economic, regulatory and legal subjects.
Mr. Pitt is currently a Director and Audit Committee member of Premier Alliance Group, Inc., a public professional services company focused on business, energy and technology advisory and consulting services. He is also a Director as well as the Chairman of the Audit and Compensation Committees of GWU Medical Faculty Associates, Inc., an IRC §501(c)(3) notfor-profit corporation that provides comprehensive medical care to residents of the greater Washington, D.C. metropolitan area. He also serves on the Board of Directors and Audit Committee of the offshore funds of Paulson & Co., and its affiliates. In addition to his fiduciary board positions, Mr. Pitt is a member of the Global Advisory Forum of CQS, a global multi strategy asset management firm, and a member of the Regulatory and Compliance Advisory Council of Millennium Management LLC. Mr. Pitt is also a member of the Advisory Council of the Public Company Accounting Oversight Board, a not-for-profit corporation created by the Sarbanes-Oxley Act, to oversee and regulate the audits of public companies and securities industry brokers and dealers. Mr. Pitt also serves as a Senior Advisor to Teneo Holdings LLC, a global consulting firm that offers a wide variety of strategic planning services to public and private companies, as well as local governments. Former Chairman Pitt previously served as a member of the National Cathedral School Board of Trustees (2006-09), where he was, variously, Board Vice-Chair, Co-Chair of the Board’s Governance Committee and Chair of the Audit and Compensation Committees.r. Pitt also previously served as a Director of Approva Corporation (2004-07), a closelyheld company that provided compliance software for major public companies, and was a member of Approva’s Audit and Strategic Planning Committees. In 2011, Mr. Pitt was inducted into the National Association of Corporate Directors-Directorship 100 Hall of Fame, which acknowledges corporate governance professionals for their lifetime accomplishments and their positive influence on corporate governance. In 2011, Mr. Pitt received the William O. Douglas Award, conferred annually by the Association of Securities and Exchange Commission Alumni, Inc. on an SEC alumnus who has contributed to the development of the federal securities laws or served the financial and SEC community with distinction.
Director of Policy and Special Counsel, AFL-CIO
Damon A. Silvers is the Director of Policy and Special Counsel for the AFL-CIO. He joined the AFL-CIO as Associate General Counsel in 1997.
Mr. Silvers serves on a pro bono basis as a Special Assistant Attorney General for the state of New York. Mr. Silvers is also a member of the Investor Advisory Committee of the Securities and Exchange Commission, the Treasury Department’s Financial Research Advisory Committee, the Public Company Accounting Oversight Board’s Standing Advisory Group and its Investor Advisory Group.
Mr. Silvers served as the Deputy Chair of the Congressional Oversight Panel for TARP from 2008 to 2011. Between 2006 and 2008, Mr. Silvers served as the Chair of the Competition Subcommittee of the United States Treasury Department Advisory Committee on the Auditing Profession and as a member of the United States Treasury Department Investor’s Practice Committee of the President’s Working Group on Financial Markets.
Prior to working for the AFL-CIO, Mr. Silvers worked for the Harvard Union of Clerical and Technical Workers, the Amalgamated Clothing and Textile Workers, and as a law clerk at the Delaware Court of Chancery for Chancellor William T. Allen and Vice-Chancellor Bernard Balick.
Stuyvesant P. Comfort Professor of Law; Director, Center for Financial Institutions; and Co-Director, Center for Civil Justice, New York University School of Law
Geoffrey Miller is an author or editor of a dozen books and more than 200 articles in the fields of financial institutions, contract law, corporate and securities law, constitutional law, civil procedure, legal history, jurisprudence, and ancient law. He has taught a wide range of subjects including law and economics, corporations, compliance and risk management, property, regulation of financial institutions, land development, securities law, the legal profession, and legal theory. Miller received his BA magna cum laude from Princeton in 1973 and his JD from Columbia in 1978, where he was a Stone Scholar and editor-in-chief of the Columbia Law Review. He clerked for Judge Carl McGowan of the US Court of Appeals for the District of Columbia Circuit and Justice Byron White of the US Supreme Court. After two years as an attorney adviser at the Office of Legal Counsel of the US Department of Justice and one year with a Washington, DC, law firm, he joined the faculty of the University of Chicago Law School in 1983 and NYU School of Law in 1995.
Miller has been a visiting professor or visiting scholar at Columbia University, Harvard University, University of Minnesota, University of Basel (Switzerland), University of Genoa (Italy), Collegio Carlo Alberto (Italy), Study Center Gerzensee (Switzerland), Vanderbilt University, University of St. Gallen (Switzerland), University of Frankfurt (Germany), University of Sydney (Australia), University of Auckland (New Zealand), and the Bank of Japan. Miller is a founder of the Society for Empirical Legal Studies, a scholarly organization devoted to promoting statistical and other empirical techniques in the study of legal institutions. He is founder and director of NYU School of Law’s Center for Financial Institutions, co-director of the Center for Civil Justice, co-founder of and Senior Academic Fellow at NYU's Program on Corporate Compliance and Enforcement, co-convener of the Global Economic Policy Forum, a member of the board of directors of State Farm Bank, and a fellow in the American Academy of Arts and Sciences.
Chief Executive Officer and Managing Director, Kalorama Partners LLC and Kalorama Legal Services PLLC
Harvey L. Pitt is the Founder, Chief Executive Officer and a Managing Director of the global business consulting firm, Kalorama Partners, LLC, and its law firm affiliate, Kalorama Legal Services, PLLC. Prior to founding the Kalorama firms in 2003, Mr. Pitt served as the twenty-sixth Chairman of the U. S. Securities and Exchange Commission. In that role, from 2001 until 2003, Mr. Pitt was responsible, among other things, for overseeing the SEC’s response to the market disruptions resulting from the terrorist attacks of 9/11, for creating the SEC’s “real time enforcement” program, and for leading the Commission’s unanimous adoption of dozens of rules in response to the corporate and accounting crises generated by the excesses of the 1990s.
For nearly a quarter of a century before becoming SEC Chairman, Mr. Pitt was a senior corporate partner of Fried, Frank LLP, an international law firm, and served as Co-Chair of the firm (1998-2001). He was a founding Trustee and first President of the SEC Historical Society. Former Chairman Pitt appears regularly as a commenter on major televised news programs, and is a frequent speaker on a wide variety of issues, including economics, regulation of capital and financial markets, corporate governance, business ethics, accounting, and legislative matters. Mr. Pitt has served as an Adjunct Faculty Member at the George Washington University Law School (Market Regulation, 1974-82), Georgetown University Law Center (Fraud and Fiduciary Duties, 1975-84), the University of Pennsylvania School of Law (Fraud and Fiduciary Duties, and Takeover Law, 1983-84) and The Yale Law School (Corporate Governance, 2007).
Former Chairman Pitt served previously on the Staff of the SEC (1968-78), including three years as Commission General Counsel (1975-78). Former Chairman Pitt received a J.D. degree from St. John’s University School of Law (1968), and his B.A. degree from the City University of New York (Brooklyn College) (1965). He was awarded an honorary LL.D. degree by St. John’s University (2002), and received the Brooklyn College President’s Medal of Distinction (2003). He co-authored a three volume comprehensive treatise on financial services regulation, entitled The Law of Financial Services (Aspen Law & Publishing, 1988), and has published numerous scholarly articles and monographs on a wide variety of economic, regulatory and legal subjects.
Mr. Pitt is currently a Director and Audit Committee member of Premier Alliance Group, Inc., a public professional services company focused on business, energy and technology advisory and consulting services. He is also a Director as well as the Chairman of the Audit and Compensation Committees of GWU Medical Faculty Associates, Inc., an IRC §501(c)(3) notfor-profit corporation that provides comprehensive medical care to residents of the greater Washington, D.C. metropolitan area. He also serves on the Board of Directors and Audit Committee of the offshore funds of Paulson & Co., and its affiliates. In addition to his fiduciary board positions, Mr. Pitt is a member of the Global Advisory Forum of CQS, a global multi strategy asset management firm, and a member of the Regulatory and Compliance Advisory Council of Millennium Management LLC. Mr. Pitt is also a member of the Advisory Council of the Public Company Accounting Oversight Board, a not-for-profit corporation created by the Sarbanes-Oxley Act, to oversee and regulate the audits of public companies and securities industry brokers and dealers. Mr. Pitt also serves as a Senior Advisor to Teneo Holdings LLC, a global consulting firm that offers a wide variety of strategic planning services to public and private companies, as well as local governments. Former Chairman Pitt previously served as a member of the National Cathedral School Board of Trustees (2006-09), where he was, variously, Board Vice-Chair, Co-Chair of the Board’s Governance Committee and Chair of the Audit and Compensation Committees.r. Pitt also previously served as a Director of Approva Corporation (2004-07), a closelyheld company that provided compliance software for major public companies, and was a member of Approva’s Audit and Strategic Planning Committees. In 2011, Mr. Pitt was inducted into the National Association of Corporate Directors-Directorship 100 Hall of Fame, which acknowledges corporate governance professionals for their lifetime accomplishments and their positive influence on corporate governance. In 2011, Mr. Pitt received the William O. Douglas Award, conferred annually by the Association of Securities and Exchange Commission Alumni, Inc. on an SEC alumnus who has contributed to the development of the federal securities laws or served the financial and SEC community with distinction.
Judge, United States Court of Appeals, D.C. Circuit
Judge Randolph was confirmed by the Senate and appointed to the United States Court of Appeals for the District of Columbia Circuit by President George H. W. Bush in July 1990.
Judge Randolph received his B.S. degree in 1966 from Drexel University, majoring in economics and basic engineering. At Drexel, he was president of the debate society, vice president of the Student Senate, and a member of the varsity wrestling squad. In 1969, he received his J.D. from the University of Pennsylvania, summa cum laude. Judge Randolph ranked first in his law school class all three years and was managing editor of the Law Review.
After graduation, Judge Randolph served as a law clerk to Judge Henry J. Friendly of the United States Court of Appeals for the Second Circuit in New York.
Admitted to the California Bar in 1970 (and to the District of Columbia bar in 1973), Judge Randolph worked as Assistant to the Solicitor General, U.S. Department of Justice, in Washington, D.C., 1970-1973.
After two years in private practice, Judge Randolph was named Deputy Solicitor General of the United States, a position he held from 1975-1977.
In 1979, Judge Randolph was appointed Special Counsel to the Committee on Standards of Official Conduct (the Ethics Committee) of the United States House of Representatives, remaining in this position until 1980.
In the 1980s, Judge Randolph held a number of positions while in private practice, including Special Assistant Attorney General for the states of New Mexico (1985 90), Utah (1986-1990) and Montana (1983-1990). He also served as a Member of the Advisory Panel of the Federal Courts Study Committee.
From 1971-1990, Judge Randolph argued 23 times in the United States Supreme Court, winning 20 of his cases.
As an Adjunct Professor of Law at Georgetown University Law Center from 1974-1978 he taught courses in civil procedure and injunctions. In 1992 he taught a course in constitutional law. He is a Distinguished Adjunct Professor of Law at George Mason School of Law and for the past ten years has been teaching First Amendment law. He also serves on the Judicial Advisory Board of the George Mason University Law and Economics Center.
From 1993 through 1995 Judge Randolph was a member of the Committee on Codes of Conduct of the Judicial Conference of the United States, and from 1995 to 1998 served as the Committee's chairman. He also served as the judicial liaison to the American Bar Association’s Administrative Law Section.
Judge Randolph is a member of the Board of Visitors at Drexel University Law School and was named to the “Drexel One Hundred” as a leading alumnus. In 2002 he was presented the James Wilson Award by the University of Pennsylvania Law School. In November 2005 he delivered the Fifth Annual Barbara K. Olson Memorial Lecture at the Annual Lawyers Convention of the Federalist Society. He has published numerous articles, the most recent of which is in the June 2006 issue of the Harvard Journal of Law and Public Policy.
Judge Randolph is married to the Honorable Eileen J. O’Connor, formerly Assistant Attorney General, Tax Division, U.S. Department of Justice. His son John Trevor Randolph is an investment banker in New York. His daughter Cynthia Lee Randolph is an artist living in San Francisco.
Chief Executive Officer, Foliofn
Director, Federal Housing Finance Agency
Mark Calabria is the Director of the Federal Housing Finance Agency.
He was formerly the chief economist for Vice President Mike Pence. Prior to that, he served as Director of Financial Regulation Studies at the Cato Institute. Before joining Cato in 2009, he spent six years as a member of the senior professional staff of the U.S. Senate Committee on Banking, Housing and Urban Affairs. In that position, Calabria handled issues related to housing, mortgage finance, economics, banking and insurance for Ranking Member Richard Shelby (R-AL). Prior to his service on Capitol Hill, Calabria served as Deputy Assistant Secretary for Regulatory Affairs at the U.S. Department of Housing and Urban Development, and also held a variety of positions at Harvard University’s Joint Center for Housing Studies, the National Association of Home Builders and the National Association of Realtors. Calabria has also been a Research Associate with the U.S. Census Bureau’s Center for Economic Studies.
He has extensive experience evaluating the impacts of legislative and regulatory proposals on financial and real estate markets, with particular emphasis on how policy changes in Washington affect low and moderate income households.
He holds a doctorate in economics from George Mason University.
Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law, Yale Law School
Jonathan R. Macey is Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law at Yale University, and Professor in the Yale School of Management. From 1991 – 2004, Professor Macey was J. DuPratt White Professor of Law, Director of the John M. Olin Program in Law and Economics at Cornell Law School, and Professor of Law and Business at the Cornell University Johnson Graduate School of Business. Professor Macey earned his B.A. cum laude from Harvard in 1977, and his J.D. from Yale Law School in 1982, where he was Article and Book Review editor of The Yale Law Journal. In 1996, Professor Macey received a Ph.D. honoris causa from the Stockholm School of Economics. Following law school, Professor Macey was law clerk to Judge Henry J. Friendly on the U.S. Court of Appeals for the Second Circuit.
Professor Macey is the author of several books including the two-volume treatise, Macey on Corporation Laws, published in 1998 (Aspen Law & Business), and co-author of two leading casebooks, Corporations: Including Partnerships and Limited Liability Companies (2003 Thomson West), which is in its eighth edition, and Banking Law and Regulation (2002 Aspen Law & Business), which is now in its third edition. He also is the author of over 100 scholarly articles. His recent articles have appeared in the Banking Law Journal, the University of Chicago Law Review, the Stanford Law Review, The Yale Law Journal, the Cornell Law Review, the Journal of Law and Economics, and the Brookings Wharton Papers on Financial Institutions. He has published numerous editorials in such publications as The Wall Street Journal, Forbes, The Los Angeles Times, and The National Law Journal.
Professor Macey has taught at major universities throughout the world, including Bocconi University (Milan), the University of Tokyo; the University of Toronto; the University of Turin, the University of Amsterdam Department of Finance, and the Stockholm School of Economics, Department of Law. He also has been Professor of Law at the University of Chicago (1990) and Visiting Professor of Law at Harvard Law School (1999). Professor Macey is a Senior Research Fellow at the International Centre for Economic Research (ICER) in Turin, Italy. Professor Macey also serves on the Academic Advisory Board (Comitato Scientifico) of the Associazione Disiano Preite for the study of corporate law (per lo studio del diritto dell’impresa). In 1995, Professor Macey was awarded the Paul M. Bator prize for excellence in Teaching, Scholarship and Public Service by the Federalist Society for Law and Public Policy. In 1996, he received a Ph.D., honoris causa from the Stockholm School of Economics. And in 1998, he received the D.P. Jacobs prize for the most significant paper in volume 6 of the Journal of Financial Intermediation for his paper (co-authored with Maureen O’Hara), “The Law & Economics of Best Execution.”
In 1999 Professor Macey was made an honorary Fellow of the Society For Advanced Legal Studies. In 2000, Professor Macey became a member of the Legal Advisory Committee to the Board of Directors of the New York Stock Exchange. In 2001 Professor Macey was appointed a Bertil Daniellson Distinguished Visiting Professor in Banking and Finance at the Stockholm School of Economics. In 2002 Professor Macey was appointed to the Economic Advisory Board of the National Association of Securities Dealers (NASD). In 2004 Professor Macey was awarded a Teaching Award by the Yale Law Women in recognition of his “commitment to excellence in teaching, mentoring and inspiring.” In 2005 Professor Macey became a member of the Board of Editors of Thomson West Publishing Company.
Chief Executive Officer and Managing Director, Kalorama Partners LLC and Kalorama Legal Services PLLC
Harvey L. Pitt is the Founder, Chief Executive Officer and a Managing Director of the global business consulting firm, Kalorama Partners, LLC, and its law firm affiliate, Kalorama Legal Services, PLLC. Prior to founding the Kalorama firms in 2003, Mr. Pitt served as the twenty-sixth Chairman of the U. S. Securities and Exchange Commission. In that role, from 2001 until 2003, Mr. Pitt was responsible, among other things, for overseeing the SEC’s response to the market disruptions resulting from the terrorist attacks of 9/11, for creating the SEC’s “real time enforcement” program, and for leading the Commission’s unanimous adoption of dozens of rules in response to the corporate and accounting crises generated by the excesses of the 1990s.
For nearly a quarter of a century before becoming SEC Chairman, Mr. Pitt was a senior corporate partner of Fried, Frank LLP, an international law firm, and served as Co-Chair of the firm (1998-2001). He was a founding Trustee and first President of the SEC Historical Society. Former Chairman Pitt appears regularly as a commenter on major televised news programs, and is a frequent speaker on a wide variety of issues, including economics, regulation of capital and financial markets, corporate governance, business ethics, accounting, and legislative matters. Mr. Pitt has served as an Adjunct Faculty Member at the George Washington University Law School (Market Regulation, 1974-82), Georgetown University Law Center (Fraud and Fiduciary Duties, 1975-84), the University of Pennsylvania School of Law (Fraud and Fiduciary Duties, and Takeover Law, 1983-84) and The Yale Law School (Corporate Governance, 2007).
Former Chairman Pitt served previously on the Staff of the SEC (1968-78), including three years as Commission General Counsel (1975-78). Former Chairman Pitt received a J.D. degree from St. John’s University School of Law (1968), and his B.A. degree from the City University of New York (Brooklyn College) (1965). He was awarded an honorary LL.D. degree by St. John’s University (2002), and received the Brooklyn College President’s Medal of Distinction (2003). He co-authored a three volume comprehensive treatise on financial services regulation, entitled The Law of Financial Services (Aspen Law & Publishing, 1988), and has published numerous scholarly articles and monographs on a wide variety of economic, regulatory and legal subjects.
Mr. Pitt is currently a Director and Audit Committee member of Premier Alliance Group, Inc., a public professional services company focused on business, energy and technology advisory and consulting services. He is also a Director as well as the Chairman of the Audit and Compensation Committees of GWU Medical Faculty Associates, Inc., an IRC §501(c)(3) notfor-profit corporation that provides comprehensive medical care to residents of the greater Washington, D.C. metropolitan area. He also serves on the Board of Directors and Audit Committee of the offshore funds of Paulson & Co., and its affiliates. In addition to his fiduciary board positions, Mr. Pitt is a member of the Global Advisory Forum of CQS, a global multi strategy asset management firm, and a member of the Regulatory and Compliance Advisory Council of Millennium Management LLC. Mr. Pitt is also a member of the Advisory Council of the Public Company Accounting Oversight Board, a not-for-profit corporation created by the Sarbanes-Oxley Act, to oversee and regulate the audits of public companies and securities industry brokers and dealers. Mr. Pitt also serves as a Senior Advisor to Teneo Holdings LLC, a global consulting firm that offers a wide variety of strategic planning services to public and private companies, as well as local governments. Former Chairman Pitt previously served as a member of the National Cathedral School Board of Trustees (2006-09), where he was, variously, Board Vice-Chair, Co-Chair of the Board’s Governance Committee and Chair of the Audit and Compensation Committees.r. Pitt also previously served as a Director of Approva Corporation (2004-07), a closelyheld company that provided compliance software for major public companies, and was a member of Approva’s Audit and Strategic Planning Committees. In 2011, Mr. Pitt was inducted into the National Association of Corporate Directors-Directorship 100 Hall of Fame, which acknowledges corporate governance professionals for their lifetime accomplishments and their positive influence on corporate governance. In 2011, Mr. Pitt received the William O. Douglas Award, conferred annually by the Association of Securities and Exchange Commission Alumni, Inc. on an SEC alumnus who has contributed to the development of the federal securities laws or served the financial and SEC community with distinction.
Director of Policy and Special Counsel, AFL-CIO
Damon A. Silvers is the Director of Policy and Special Counsel for the AFL-CIO. He joined the AFL-CIO as Associate General Counsel in 1997.
Mr. Silvers serves on a pro bono basis as a Special Assistant Attorney General for the state of New York. Mr. Silvers is also a member of the Investor Advisory Committee of the Securities and Exchange Commission, the Treasury Department’s Financial Research Advisory Committee, the Public Company Accounting Oversight Board’s Standing Advisory Group and its Investor Advisory Group.
Mr. Silvers served as the Deputy Chair of the Congressional Oversight Panel for TARP from 2008 to 2011. Between 2006 and 2008, Mr. Silvers served as the Chair of the Competition Subcommittee of the United States Treasury Department Advisory Committee on the Auditing Profession and as a member of the United States Treasury Department Investor’s Practice Committee of the President’s Working Group on Financial Markets.
Prior to working for the AFL-CIO, Mr. Silvers worked for the Harvard Union of Clerical and Technical Workers, the Amalgamated Clothing and Textile Workers, and as a law clerk at the Delaware Court of Chancery for Chancellor William T. Allen and Vice-Chancellor Bernard Balick.
Stuyvesant P. Comfort Professor of Law; Director, Center for Financial Institutions; and Co-Director, Center for Civil Justice, New York University School of Law
Geoffrey Miller is an author or editor of a dozen books and more than 200 articles in the fields of financial institutions, contract law, corporate and securities law, constitutional law, civil procedure, legal history, jurisprudence, and ancient law. He has taught a wide range of subjects including law and economics, corporations, compliance and risk management, property, regulation of financial institutions, land development, securities law, the legal profession, and legal theory. Miller received his BA magna cum laude from Princeton in 1973 and his JD from Columbia in 1978, where he was a Stone Scholar and editor-in-chief of the Columbia Law Review. He clerked for Judge Carl McGowan of the US Court of Appeals for the District of Columbia Circuit and Justice Byron White of the US Supreme Court. After two years as an attorney adviser at the Office of Legal Counsel of the US Department of Justice and one year with a Washington, DC, law firm, he joined the faculty of the University of Chicago Law School in 1983 and NYU School of Law in 1995.
Miller has been a visiting professor or visiting scholar at Columbia University, Harvard University, University of Minnesota, University of Basel (Switzerland), University of Genoa (Italy), Collegio Carlo Alberto (Italy), Study Center Gerzensee (Switzerland), Vanderbilt University, University of St. Gallen (Switzerland), University of Frankfurt (Germany), University of Sydney (Australia), University of Auckland (New Zealand), and the Bank of Japan. Miller is a founder of the Society for Empirical Legal Studies, a scholarly organization devoted to promoting statistical and other empirical techniques in the study of legal institutions. He is founder and director of NYU School of Law’s Center for Financial Institutions, co-director of the Center for Civil Justice, co-founder of and Senior Academic Fellow at NYU's Program on Corporate Compliance and Enforcement, co-convener of the Global Economic Policy Forum, a member of the board of directors of State Farm Bank, and a fellow in the American Academy of Arts and Sciences.
Chief Executive Officer and Managing Director, Kalorama Partners LLC and Kalorama Legal Services PLLC
Harvey L. Pitt is the Founder, Chief Executive Officer and a Managing Director of the global business consulting firm, Kalorama Partners, LLC, and its law firm affiliate, Kalorama Legal Services, PLLC. Prior to founding the Kalorama firms in 2003, Mr. Pitt served as the twenty-sixth Chairman of the U. S. Securities and Exchange Commission. In that role, from 2001 until 2003, Mr. Pitt was responsible, among other things, for overseeing the SEC’s response to the market disruptions resulting from the terrorist attacks of 9/11, for creating the SEC’s “real time enforcement” program, and for leading the Commission’s unanimous adoption of dozens of rules in response to the corporate and accounting crises generated by the excesses of the 1990s.
For nearly a quarter of a century before becoming SEC Chairman, Mr. Pitt was a senior corporate partner of Fried, Frank LLP, an international law firm, and served as Co-Chair of the firm (1998-2001). He was a founding Trustee and first President of the SEC Historical Society. Former Chairman Pitt appears regularly as a commenter on major televised news programs, and is a frequent speaker on a wide variety of issues, including economics, regulation of capital and financial markets, corporate governance, business ethics, accounting, and legislative matters. Mr. Pitt has served as an Adjunct Faculty Member at the George Washington University Law School (Market Regulation, 1974-82), Georgetown University Law Center (Fraud and Fiduciary Duties, 1975-84), the University of Pennsylvania School of Law (Fraud and Fiduciary Duties, and Takeover Law, 1983-84) and The Yale Law School (Corporate Governance, 2007).
Former Chairman Pitt served previously on the Staff of the SEC (1968-78), including three years as Commission General Counsel (1975-78). Former Chairman Pitt received a J.D. degree from St. John’s University School of Law (1968), and his B.A. degree from the City University of New York (Brooklyn College) (1965). He was awarded an honorary LL.D. degree by St. John’s University (2002), and received the Brooklyn College President’s Medal of Distinction (2003). He co-authored a three volume comprehensive treatise on financial services regulation, entitled The Law of Financial Services (Aspen Law & Publishing, 1988), and has published numerous scholarly articles and monographs on a wide variety of economic, regulatory and legal subjects.
Mr. Pitt is currently a Director and Audit Committee member of Premier Alliance Group, Inc., a public professional services company focused on business, energy and technology advisory and consulting services. He is also a Director as well as the Chairman of the Audit and Compensation Committees of GWU Medical Faculty Associates, Inc., an IRC §501(c)(3) notfor-profit corporation that provides comprehensive medical care to residents of the greater Washington, D.C. metropolitan area. He also serves on the Board of Directors and Audit Committee of the offshore funds of Paulson & Co., and its affiliates. In addition to his fiduciary board positions, Mr. Pitt is a member of the Global Advisory Forum of CQS, a global multi strategy asset management firm, and a member of the Regulatory and Compliance Advisory Council of Millennium Management LLC. Mr. Pitt is also a member of the Advisory Council of the Public Company Accounting Oversight Board, a not-for-profit corporation created by the Sarbanes-Oxley Act, to oversee and regulate the audits of public companies and securities industry brokers and dealers. Mr. Pitt also serves as a Senior Advisor to Teneo Holdings LLC, a global consulting firm that offers a wide variety of strategic planning services to public and private companies, as well as local governments. Former Chairman Pitt previously served as a member of the National Cathedral School Board of Trustees (2006-09), where he was, variously, Board Vice-Chair, Co-Chair of the Board’s Governance Committee and Chair of the Audit and Compensation Committees.r. Pitt also previously served as a Director of Approva Corporation (2004-07), a closelyheld company that provided compliance software for major public companies, and was a member of Approva’s Audit and Strategic Planning Committees. In 2011, Mr. Pitt was inducted into the National Association of Corporate Directors-Directorship 100 Hall of Fame, which acknowledges corporate governance professionals for their lifetime accomplishments and their positive influence on corporate governance. In 2011, Mr. Pitt received the William O. Douglas Award, conferred annually by the Association of Securities and Exchange Commission Alumni, Inc. on an SEC alumnus who has contributed to the development of the federal securities laws or served the financial and SEC community with distinction.
Judge, United States Court of Appeals, D.C. Circuit
Judge Randolph was confirmed by the Senate and appointed to the United States Court of Appeals for the District of Columbia Circuit by President George H. W. Bush in July 1990.
Judge Randolph received his B.S. degree in 1966 from Drexel University, majoring in economics and basic engineering. At Drexel, he was president of the debate society, vice president of the Student Senate, and a member of the varsity wrestling squad. In 1969, he received his J.D. from the University of Pennsylvania, summa cum laude. Judge Randolph ranked first in his law school class all three years and was managing editor of the Law Review.
After graduation, Judge Randolph served as a law clerk to Judge Henry J. Friendly of the United States Court of Appeals for the Second Circuit in New York.
Admitted to the California Bar in 1970 (and to the District of Columbia bar in 1973), Judge Randolph worked as Assistant to the Solicitor General, U.S. Department of Justice, in Washington, D.C., 1970-1973.
After two years in private practice, Judge Randolph was named Deputy Solicitor General of the United States, a position he held from 1975-1977.
In 1979, Judge Randolph was appointed Special Counsel to the Committee on Standards of Official Conduct (the Ethics Committee) of the United States House of Representatives, remaining in this position until 1980.
In the 1980s, Judge Randolph held a number of positions while in private practice, including Special Assistant Attorney General for the states of New Mexico (1985 90), Utah (1986-1990) and Montana (1983-1990). He also served as a Member of the Advisory Panel of the Federal Courts Study Committee.
From 1971-1990, Judge Randolph argued 23 times in the United States Supreme Court, winning 20 of his cases.
As an Adjunct Professor of Law at Georgetown University Law Center from 1974-1978 he taught courses in civil procedure and injunctions. In 1992 he taught a course in constitutional law. He is a Distinguished Adjunct Professor of Law at George Mason School of Law and for the past ten years has been teaching First Amendment law. He also serves on the Judicial Advisory Board of the George Mason University Law and Economics Center.
From 1993 through 1995 Judge Randolph was a member of the Committee on Codes of Conduct of the Judicial Conference of the United States, and from 1995 to 1998 served as the Committee's chairman. He also served as the judicial liaison to the American Bar Association’s Administrative Law Section.
Judge Randolph is a member of the Board of Visitors at Drexel University Law School and was named to the “Drexel One Hundred” as a leading alumnus. In 2002 he was presented the James Wilson Award by the University of Pennsylvania Law School. In November 2005 he delivered the Fifth Annual Barbara K. Olson Memorial Lecture at the Annual Lawyers Convention of the Federalist Society. He has published numerous articles, the most recent of which is in the June 2006 issue of the Harvard Journal of Law and Public Policy.
Judge Randolph is married to the Honorable Eileen J. O’Connor, formerly Assistant Attorney General, Tax Division, U.S. Department of Justice. His son John Trevor Randolph is an investment banker in New York. His daughter Cynthia Lee Randolph is an artist living in San Francisco.
Death of Corporate Reputation: How Integrity Has Been Destroyed on Wall Street
Mark Calabria, Jonathan R. Macey, Harvey L. Pitt, Damon A. Silvers
Trust and reputation are central to the operation of capital markets. But in our generation,...
Death of Corporate Reputation: How Integrity Has Been Destroyed on Wall Street
Mark Calabria, Jonathan R. Macey, Harvey L. Pitt, Damon A. Silvers
Trust and reputation are central to the operation of capital markets. But in our generation,...
Death of Corporate Reputation: How Integrity Has Been Destroyed on Wall Street
Federalist Society Faculty Division and The Cato Institute
Washington, DCShowcase Panel IV: Control of the Bureaucracy
Geoffrey P. Miller, Harvey L. Pitt, A. Raymond Randolph, Steven M.H Wallman
One problem cited in the financial crisis was the failure of regulatory agencies to do...
Showcase Panel IV: Control of the Bureaucracy
2009 National Lawyers Convention
Washington, DC