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UT Law examines capital markets, regulation, and the economy, November 11, 2011

What:  The Massey Prize Symposium will bring nationally renowned experts on capital markets, securities markets, and economics to the University of Texas School of Law. The event is free and open to the public.

Who: Speakers include Diana Henriques, New York Times senior financial writer and author of The Wizard of Lies: Bernie Madoff and the Death of Trust, who will give the keynote on “Mixed Signals: Madoff, the Meltdown, and the Media”; Charles Plott, professor of economics and political science at the California Institute of Technology, who will discuss how to understand the way capital markets actually function in a talk titled “Economics Experiments and Securities Markets”; and Robert Litan, recipient of the $50,000 Massey Prize for Research in Law, Innovation and Capital Markets, who will speak on “The Political Economy of Dodd-Frank: A Look Ahead.” 

There will also be a roundtable discussion moderated by Tom Gilligan, dean and Centennial Chair in Business Education Leadership at the McCombs School of Business, titled “Regulation of Financial Markets.” Henriques, Litan, and Plott will be joined by Paul Atkins, a former Securities and Exchange commissioner, and Edward S. Knight, executive vice president, general counsel, and chief regulatory officer of NASDAQ.

When:  Friday, November 11, 10:30 a.m.–4:30 p.m.

Where: The University of Texas School of Law, 727 E. Dean Keeton St., Austin. Morning events will be held in the Francis Auditorium (Townes Hall, 2.114); afternoon events will be held in the Eidman Courtroom (Connally Center, 2.306).

Background: The symposium honors the work of Robert E. Litan, the inaugural recipient of the $50,000 Massey Prize for Research in Law, Innovation and Capital Markets. Litan is vice president for research and policy at the Ewing Marion Kauffman Foundation, a senior fellow in economic studies at the Brookings Institution, and coauthor of Good Capitalism, Bad Capitalism, and the Economics of Growth and Prosperity.

The Massey Prize was established in 2009 at the University of Texas School of Law through a generous gift from John H. Massey and his wife, Elizabeth. The prize is awarded biennially to the author of the scholarly book, article, or body of work that has made a significant contribution to the understanding of law, innovation, and capital markets. This international prize recognizes the importance of sound public policy and the rule of law in their impact on the capital markets, and therefore on the sustainability of a nation’s long-term potential for growth, economic development, and accompanying high standards of living.

More information can be found on the Massey Prize webpage.

Contact: Kirston Fortune, University of Texas School of Law, at kfortune@law.utexas.edu, or 512-471-7330.

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