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Fisher, Macey join Bipartisan Policy Center’s Financial Regulatory Reform Initiative

Peter Fisher

Peter Fisher

Peter Fisher, the former undersecretary for domestic finance at the U.S. Treasury, and Jonathan Macey, a professor of corporate law, finance and securities at Yale University, are set to join the Bipartisan Policy Center’s Financial Regulatory Reform Initiative.

Fisher and Macey will join a bipartisan group of policy advocates, academics and former regulators, including Martin Baily, the former chairman of the Council of Economic Advisers under President Bill Clinton, Phillip Swagel, the former assistant secretary for economic policy at the Treasury, and Aaron Klein, the former deputy assistant secretary for economic policy at the Treasury.

The Financial Regulatory Reform Initiative, which was launched in October, seeks to assist legislators, the president and regulators in the development, modification and implementation of financial supervisory policy and regulation.

The group will consider five areas of financial reform, including failure resolution, systemic risk, regulatory structure, capital markets and the Volcker Rule, and consumer financial protection.

Fisher, now the head of BlackRock’s Fixed Income Portfolio Management Group and a member of BlackRock’s Global Operating Committee, will join John Dugan and Chuck Muckenfuss in the working group for systemic risk. The group’s goal is to “examine the systemic risk provisions in the Dodd-Frank Act against a state public policy objective.”

Macey will join Annette Nazareth, John Coffee and Jim Cox in the working group for capital markets and the Volcker Rule. The group’s goal is to “examine how the new regulatory regime established under the Dodd-Frank Act impacts capital markets” and “review the Volcker Rule and its impact.”

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