What’s it Going to Take to Fix Financial Services in the USA?

Online symposium using interactive Zoom. 

Wednesday, June 24th, from 1:00pm until 3:00pm, Eastern Time

Primarily for people in the USA, but others welcome too!

With much thanks to our event sponsors:

Other sponsorship opportunities available – please get in touch

Executive Summary; scroll down for the speakers and to make bookings

 

This symposium is all about galvanising support for the positive, progressive and purposeful finance reform that is so desperately needed.

If you believe there is scope for the financial services sector in the USA to serve society better, then this is an event for you. 

If you know about problems around market conduct that need fixing then, please do all you can to participate – we want to hear from you. 

Furthermore, if you have ideas about what can be done to make a positive difference, then it’s vital you get involved. We know there are many great ideas that can help drive the transformational change that is desperately needed; and we want to shine a big bright light on those ideas. 

There are many important questions that need to be discussed and our events are all about creating a forum where people can “tell it as it is” and be heard, not ignored.  

Do the financial regulators in the USA have sufficient powers to properly govern the sector?

  • If they do have sufficient powers, are those powers being used effectively?
  • If not, is regulatory capture a factor? – is Wall Street influencing Washington DC?
  • Are vested interests getting in the way of consumers getting good outcomes?
  • Are there positive innovations available that are being ignored, because they challenge vested interests and the status quo?
  • Are the public finding it easy to get the information they need to make well-informed decisions?
  • Are class actions having to fill the void created by ineffective regulatory enforcement?
  • Are the fiduciary standard and best interest rules working as intended?
  • Is the financial services sector in the USA serving society as it should?
  • Has the Friedmanite idea of “maximising profit in the short term” spoiled the culture in financial services?
  • What are the underlying forces driving poor market conduct?
  • Is the regulatory framework in the USA working as it should? – if not, what can be done?
  • Should there be a “Financial Consumers Bill of Rights?”

These are the types of questions and issues that impact the public’s perceptions of the financial services sector, which has been riddled with various types of malpractice, malfeasance, misconduct and mis-selling for many years.   

The reputational integrity of the sector has been badly damaged. That’s why the Transparency Task Force is initiating and facilitating a global conversation about what’s wrong in financial services; and what needs to be done to fix it. 

Furthermore, through those discussions we are creating a framework for finance reform that is designed to drive positive, progressive and purposeful change.

These are all important issues that need to be addressed. 

Please do all you can to join us for what promises to be an interesting, engaging and thought-provoking event.

There will be a range of stakeholders involved, including some of our Ambassadors and members of our Chapters

We’ll also be touching on a range of insights, ideas and initiatives that are referenced in our new book, entitled

“Why we must rebuild trustworthiness and confidence in financial services; and how we can do it.”

Please be sure to get involved and be part of the change.

Scroll down for further info, speaker details and to make bookings

Who should participate?

This online event will be of particular interest to individuals and organisations that authentically align with the idea that the financial services sector is important and that there is scope fr improvement in how it works.

You can expect to be ‘amongst’ progressively minded and collaboratively minded people.

On the basis that “progress begins with realism” we’ll be running the event as a forum to enable everybody to “say it as they see it.” We will be facilitating the kind of candid yet constructive discussion that is needed to help move matters forward.

We don’t think any one person or organisation has all the answers; and we also think that all answers are worth listening to, so if you’ve got a point of view that you’d like to share, and are keen to hear the views of others, this is definitely an event for you.

This symposium will cover important topics that will be of particular interest to:

  • Think Tanks and Civil Society Groups with an interest in the financial ecosystem
  • Economists
  • Industry Observers, Commentators; the Media in General
  • Policymakers
  • Regulators
  • Politicians interested in the financial services sector
  • Financial Conduct Professionals
  • Sustainaility experts 
  • Bankers and representatives of Banking organisations
  • Risk Management Professionals
  • Compliance Professionals
  • Pension Professionals
  • Financial Planners
  • Fiduciaries
  • Financial Services Trade Bodies and Professional Associations
  • Academics and researchers in governance, stewardship, ethics, conduct and compliance in the banking, investment and pensions space; and more

Format

Our symposium creates a first-class opportunity for a wide range of stakeholders to share their thoughts around what needs to be done to fix what’s wrong in financial services. 

We will be structuring the event in such a way that it will be as engaging and as interactive as we can possibly make it, using interactive Zoom. 

There will be a breakout session where attendees will be able to discuss particular topics amongst themselves and then report back on their findings, plus several presentations with Q&A sessions. 

There will also be an open discussion and debate session towards the end.

Here’s the programme and timings, so far*

1:00 p.m. Eastern Time

Welcome to the symposium, introductions and initial exploration of the main issues; plus “Why we must rebuild trustworthiness and confidence in financial services; and how we can do it” by 

Andy Agathangelou FTTF FRSA

Founder, Transparency Task Force; Governor, Pensions Policy Institute; former Founding Chair, Friends of Automatic Enrolment; former Founding Chair, Association of Member Nominated Trustees.

https://www.linkedin.com/in/andy-agathangelou-0295311

1:10 p.m. Eastern time

Presentation #2, for 15 minutes + 10 minutes Q&A with facilitated discussion, by

Jonny Ruck, Co-Founder & CEO at Scorpeo; former Executive Director and Head of Corporate Event Arbitrage at Nomura International

https://www.linkedin.com/in/jonathan-ruck-24641587/

and

Sander Eijkenduijn, Co-Founder and Chief Financial Officer at Scorpe; former Head of Delta One Structuring at Nomura; formerly with PriceWaterhouseCoopers

https://www.linkedin.com/in/sander-eijkenduijn-1108b0167/

Constructive Disruptor slides used are available to download below.

1:30 p.m. Eastern time

Presentation #1, for 10 minutes + 5 minutes Q&A with facilitated discussion, by

Greg LeRoy

Executive Director, Good Jobs First, publishers of Violation Tracker. Violation Tracker shows the malpractice, malfeasance, misconduct and mis-selling that has been taking place in the Banking Sector

https://www.linkedin.com/in/greg-leroy-76b8721b/

 

1:45 p.m. Eastern time

 Breakout & Report Back Session, on

“What’s it going to take to fix financial services in the USA?”

30 minutes in total – 20 minutes for discussion within the Breakout Group and 10 minutes for the Report Back session

Breakout Session Conference Meeting People Signs 3d Animation

2:15 p.m. Eastern time

Presentation #3, for 10 minutes + 5 minutes Q&A with facilitated discussion, by

Dan DiBartolomeo
Mr. diBartolomeo is President and founder of Northfield Information Services, Inc. Based in Boston since 1986, Northfield develops quantitative models of financial markets. He sits on boards of numerous industry organizations include IAQF and CQA, and is a director and past president of the Boston Economic Club. His publication record includes thirty books, book chapters and research journal articles. In January of 2018, he became editor of the Journal of Asset Management. In the ESG/SRI area, Dan has been a judge in the Moscowitz Prize competition since inception. In addition, Dan is a Visiting Professor at Brunel University and has been admitted as an expert witness in litigation matters regarding investment management practices and derivatives in both US federal and state courts. 
 

https://www.linkedin.com/in/dan-dibartolomeo-8007644/

2:30 p.m. Eastern time

Presentation #4, for 10 minutes + 5 minutes Q&A with facilitated discussion, by

Ben Vernazza CPA PFS TEP emeritus
Managing Director, Portfolio Diversification Institute; Co-Founder, Precision Fiduciary Analytics; Managing Member, the Overseas Oversight Group; former Owner, Financial Second Opinions
 
 
 

What is Prudent & Reasonable Portfolio Diversification slides are available to download below.

2:45 p.m. Eastern time

 

Open discussion & debate, 15 minutes

3:00 p.m. Eastern time

Final close

 

* The programme will continuously evolve so is subject to change

Please click below to book your place

Once your place is secured, you will be automatically Emailed the details you need to access the event through interactive Zoom – please be sure to enter your Email address correctly. 
 

For any queries please contact us.