How Can the SEC Address Systemic Risk?
Unedited rush transcript [pdf]
Kara M. Stein, Commissioner of the US Securities and Exchange Commission (SEC), discussed possible ways to address vulnerabilities in the financial system on June 12, 2014, at the Peterson Institute.
Stein was appointed by President Barack Obama to the SEC and was sworn in on August 9, 2013. She joined the SEC after serving as Legal Counsel and Senior Policy Advisor for securities and banking matters to Senator Jack Reed. From 2009 to 2013, she was Staff Director of the Securities, Insurance, and Investment Subcommittee of the Senate Committee on Banking, Housing, and Urban Affairs. Before working on Capitol Hill, she was an associate at the law firm of Wilmer, Cutler & Pickering, an advocacy fellow with the Georgetown University Law Center, and an assistant professor with the University of Dayton School of Law. Commissioner Stein received her BA from Yale College and JD from Yale Law School.