How a Systemic Risk Agency Can Reshape Regulation
Goldschmid further discusses just who should be part of a systemic risk agency, and how it should be empanelled. This has been an interesting semester to say the least, notes the Dwight Professor of Law, which has been reflected in discussions he has had with Columbia Law students.
From 2002 through 2005, Goldschmid served as a Commissioner of the United States Securities and Exchange Commission, and in 1998-99, he was the SEC's General Counsel (chief legal officer); from January 1 to July 15, 2000, he was Special Senior Advisor to SEC Chairman Arthur Levitt.
In the following interview, Goldschmid goes on to describe the structure of a systemic risk agency, and recounts Columbia Law students’ questions, concerns and desire to get involved in the correction.