Dr. Christopher Culp discusses how regulations pursuant to the Dodd-Frank Act have impacted U.S. derivatives activity. Specifically, he focuses on issues related to the Commodity Futures Trading Commission’s mandatory clearing regulations. For example, have such regulations made central counterparties into new “too-big-to-fail” institutions?
Dr. Culp is a Research Fellow at the Johns Hopkins Institute for Applied Economics, an Adjunct Professor at the Swiss Finance Institute, a senior affiliate with Compass Lexecon, and managing director of Financial Economics Consulting, Inc. He was an Adjunct Professor of Finance at the Booth School of Business at the University of Chicago from 1998 to 2013, where he taught MBA-level courses on derivatives and structured finance/insurance. He received a Ph.D. in financial economics from the University of Chicago’s Booth School of Business in 1997 under the supervision of Economics Nobel laureate Merton Miller.
Dr. Culp has written six books and numerous articles on derivatives, structured finance, and risk management. His seventh book, Credit Default Swaps: Mechanics and Empirical Evidence on Benefits, Costs, and Inter-Market Relations (co-authored with Andria van der Merwe and Bettina Stärkle) will be published later this year by Palgrave Macmillan.
Culp has provided consulting services to a variety of clients in his areas of specialization. He has also given expert testimony in major U.S. complex financial litigation matters involving issues including the Lehman Brothers bankruptcy, AIG’s securities lending program, and the causes of the credit crisis. Most recently, he testified on behalf of Rabobank in the sprawling LIBOR-Based Financial Instruments Antitrust Litigation matter in the U.S. District Court for the Southern District of New York. Dr. Culp’s testimony was favorably cited numerous times in Judge Naomi Reice Buchwald’s February 28, 2018, order denying plaintiffs class certification for a proposed class of Eurodollar futures and options traders on the Chicago Mercantile Exchange.
When: Thursday, April 5, 2018
Where: Union League Club
Questions? Please contact Amanda France at [email protected] or 202.331.2764