Christopher James Brummer (born 1975)
Next year, Professor Chris Brummer will become the first Academic Fellow for the Securities & Exchange Commission’s Office of International Affairs.
Chris Brummer, whose scholarship focuses on securities regulation, will spend part of the 2008-09 academic year as an Academic Fellow with the Securities & Exchange Commission’s Office of International Affairs.
Professor Brummer will be the first SEC Fellow to work with the SEC’s Office of International Affairs (OIA), the arm of the SEC that addresses cross-border securities transactions. At the SEC, the OIA facilitates international regulatory and enforcement cooperation, the adoption of high regulatory standards worldwide and the development of technical assistance programs to strengthen the regulatory infrastructure in global securities markets.
“My research involves assessing how securities regulators coordinate with one another to formulate policy with regards to cross-border securities transactions,” he explains. “In the U.S., the OIA is the focal point of such activity. This is quite an exciting time to be a research fellow in this office, because no other issue is quite as important right now as the issue of globalization.”
Professor Brummer’s research will address issues such as the regulation of new financial products, many of which are created in the U.S. and then sold overseas, as well as how to allow foreign companies to sell securities to investors. “I’ll be analyzing the impact of SEC rules and actions on foreign market participants active in the United States, and advising the SEC regarding the effect of U.S. regulations on cross-border activities,” he says. “There are concerns and questions about how to regulate new markets. There’s obviously a need for cooperation on that front. In addition, as more companies choose to raise capital outside of the United States, there’s a big push to ensure the competitiveness of American financial institutions. My role will involve researching those kinds of issues and providing analytical support and advice to senior staff on issues of regulatory policy.”
Professor Brummer looks forward to the opportunity to gain a “deep, institutional understanding” of the inner workings of the Securities & Exchange Commission. “It’s a somewhat unique opportunity,” he says. “No scholar has had the opportunity to be embedded in the Office of International Affairs.”
Professor Brummer joined Vanderbilt’s law faculty in 2006, after practicing in the New York and London offices of Cravath Swaine & Moore. He teaches courses in Securities Regulation and International Business Transactions and is affiliated with both Vanderbilt’s Law & Business and International Legal Studies programs.
2008 - "Chris Brummer, Stock Exchanges and the New Markets for Securities Law, 75 U. Chi. L. Rev. 1435 (2008)."
Referenced here - https://www.sec.gov/comments/s7-02-10/s70210-128.pdf ( April 21, 2010 RE: Concept Release on Equity Market Structure File No. S7-02-10 ) / Also referenced here : https://www.sec.gov/comments/4-673/4673-9.pdf
2012 (Aug) paper with Milken Institute - "Crowdfunding: Promoting the Promise and Minimizing the Peril."
REFERENCED in this 2013 letter ( https://www.sec.gov/comments/jobs-title-iii/jobstitleiii-245.pdf ) and in this 2014 letter - ( https://www.sec.gov/comments/s7-09-13/s70913-228.pdf / 2014-02-03-sec-gov-s70913-228-city-first-enterprised-to-sec-crowdfunding.pdf )
2014 REPORT - "FinTech: Building a 21st-Century Regulator’s Toolkit"
By Chris Brummer and Daniel Gorfine
2017 (Sep 29) - video - "Part 3: Chris Brummer Directs Economic Conversation with Former CIA Deputy Director David Cohen"
Part 3: Chris Brummer Directs Economic Conversation with Former CIA Deputy Director David Cohen
41 views•Sep 29, 2017
2019 (April 08) - "Chris Brummer joins the Milken Institute as a Senior Fellow, brings expertise in international finance to Institute's Center for Financial Market Understanding in Washington, D.C."
(LOS ANGELES) — Chris Brummer, professor of law at Georgetown University Law Center, has joined the Milken Institute as a senior fellow. He will bring his expertise in international financial regulation, market microstructure, securities regulation, and international trade to the work of the Institute and its recently established Center for Financial Market Understanding in Washington, D.C.
The Center is charged with increasing policymakers' understanding of the operations of financial markets in the U.S. and worldwide, with a focus on the myriad impacts of policy decisions, both intended and not. Brummer's grasp of the connectedness of markets around the world will help the Milken Institute offer legislators, regulators, executives and journalists a greater insight into how markets function.
"Chris brings an entrepreneurial approach to his work — a trait that's perhaps unusual in law professors," said Bradley Belt, senior managing director and head of the Center for Financial Market Understanding. "His depth of knowledge about regulation in overseas markets and the increasingly connected global economy will enrich the resources we can offer to leaders in policy and business."
Brummer has taught at the University of Basel, and will serve as a visiting professor next year at the University of Heidelberg and the London School of Economics. Before coming to Georgetown, he was an assistant professor of law at Vanderbilt University Law School. He also practiced law in the New York and London offices of Cravath, Swaine & Moore, where his practice focused on high-yield debt offerings. In 2008, he was the Securities and Exchange Commission's first academic fellow, and worked in the Office of International Affairs.
"I'm delighted to have the opportunity to join the Milken Institute, particularly at this point in time, when one sees the need for a more focused, less ideological policy discussion on financial markets and their role in society," Brummer said. "No other institution brings to the table the energy and creative thinking required for tackling the emerging challenges of the modern financial marketplace."
Brummer's research has appeared in many of the country's most prestigious journals, including the California Law Review, the University of Chicago Law Review, the Georgetown Law Journal, the Southern California Law Review and the Vanderbilt Law Review. He periodically serves as an expert on NASDAQ hearings panels on de-listings.
Brummer lectures widely on finance and global governance at universities. His book, "Soft Law and the Global Financial System," will be published later this year by Cambridge University Press. He earned his J.D. from Columbia Law School, where he graduated with honors, and holds a Ph.D. in Germanic studies from the University of Chicago.
Also 2019-04-08 - "PRESS RELEASE : Milken Institute and Georgetown University launch congressional staff briefing series"
The interactive, informal session, "The Future of Wall Street After Dodd-Frank," covered market responses to the legislation and looked at how the markets have changed since Dodd-Frank was enacted. This is the first in a monthly series of Milken Institute-Georgetown University briefings for congressional staff on topical financial markets issues.
"The Milken Institute is pleased to partner with Georgetown in launching this briefing series," said Bradley Belt, senior managing director of the Milken Institute. "We believe it is critically important to bring a market-based perspective to the discussion of how the laws and regulations affect markets and whether the results intended by the sponsors will be achieved."
Opening today′s discussion were leading financial experts from Georgetown University and the Milken Institute, including Rohan Williamson, associate professor of finance and Stallkamp Faculty Research Fellow at the McDonough School of Business, along with Phillip Swagel, professor of international economic policy at the University of Maryland.
"We found this a terrific opportunity to engage with congressional staff members who want to gain a deeper understanding of the intended and unintended effects of financial legislation," said Chris Brummer, professor of law at Georgetown and a Milken Institute senior fellow. "Our discussion focused on market responses to the law and to other forces and events."
2020 (OCT 23) - "Cœuré, Cunliffe, Giancarlo and Skingsley discuss CBDCs with Chris Brummer at DC Fintech Week"
Cœuré, Cunliffe, Giancarlo and Skingsley discuss CBDCs with Chris Brummer at DC Fintech Week
197 views•Oct 23, 2020
2020 (Dec 2) - Biden Administration Expected to Aid FinTech Innovation
The president-elect has made economic equality a focus for the upcoming term, and many lawmakers and financial technology experts expect Biden will encourage personal ownership of digital identities and close loopholes.
CAITLIN REILLY, CQ-ROLL CALL | DECEMBER 2, 2020 | ANALYSIS
The new acting chair of the Securities and Exchange Commission (SEC) will be Commissioner Allison Herren Lee as designated by President Joe Biden, according to a press release.
“During my time as commissioner, I have focused on climate and sustainability, and those issues will continue to be a priority for me,” she said, according to the release.
Lee was sworn in as commissioner in 2019, and she has written, lectured and taught courses on the financial regulation and corporate law, the release stated. She has also been with the SEC for years in various roles, including counsel to Commissioner Kara Stein and as senior counsel in the Division of Enforcement’s Complex Financial Instruments Unit.
In addition, Federal Trade Commission (FTC) Commissioner Rebecca Kelly Slaughter will be acting chair of the agency as designated by Biden, according to a press release.
Slaughter, in her position as commissioner thus far, has advocated for greater FTC resources, promoting equity and inclusion efforts, the release stated. In addition, Slaughter has been “outspoken” about fighting systemic racism, growing threats to competition and the “broad abuse” of consumers’ data.
Also, Heath Tarbert, a former President Donald Trump nominee, has stepped down as Commodity Futures Trading Commission (CFTC) chair as of Thursday (Jan. 21), Reuters reported.
The leading candidate emerging to replace him is Georgetown University academic Chris Brummer, the report stated, with the White House expected to make a decision soon.
Democratic CFTC commissioner Rostin Behnam is set to serve as acting commissioner for the time being, Reuters reported. Tarbert is going to remain on the commission as he transitions to private life.
Biden took office Wednesday (Jan. 20) and set about signing executive orders, PYMNTS reported. Many of them focused on fighting the pandemic, including orders for mask mandates in federal buildings, establishing a coordinator of the COVID-19 response to lead vaccine rollouts, and establishing ways to safely reopen schools.
Did Melissa Hodgman and Chris Brummer work together at the SEC ?
We can find no evidence that they worked together directly, which is contrary to some claims found on the internet of alleged collusion. Only indirect, for example
Brent Fields + Melissa Hodgman working togehter ( https://www.sec.gov/litigation/admin/2019/34-84998.pdf ) , and Brummer worked with Brent Fields ( https://www.sec.gov/comments/sr-iex-2018-06/iex201806-3492198-162258.pdf / 2018-04-sec-gov-iex201806-3492198-162258 )
Name: Christopher James Brummer / Birth Date: Jul 1975 / Residence Date: 2009-2020 [...] Washington, District of Columbia, USA
Birth Place: Jefferson, Kentucky, USA / Mother's Name: Isabelle J Carpenter
grandmother - https://www.newspapers.com/image/490401563/?image=490401563&words=&article=26bfccc2-1e3e-4c92-af61-1928cc00f2bc&focus=0.01593361,0.10626845,0.50980514,0.4883313&xid=3355&_ga=2.188742381.491857885.1612326416-1494574405.1609728327&ancestry=true
father - Chauncey Brummer
The Institute has held several events regarding Opportunity zones created by the Tax Cuts and Jobs Act of 2017. In May 2018, Treasury Secretary Steven Mnuchin instructed his staff to accept a non-low-income tract in Storey County, Nevada as an Opportunity Zone shortly after attending an Institute event in Beverly Hills with Michael Milken. Milken was already an investor in the Nevada tract. In August 2018, Mnuchin attended an Institute conference on Opportunity Zones in the Hamptons with Milken and latter accepted a flight to Los Angeles with Milken on his private jet. Treasury later issued a regulatory guidance at the Institute's request that allows prior investors to benefit from newly designated Opportunity Zones.
NOTE - "chris brummer" + "opportunity zones" , no connections found on Google
In this segment, Patrick and I take a look at Opportunity Zones—a U.S. tax shelter investment vehicle authorized by the Tax Cuts and Jobs Act of 2017.
Opportunity Zones teams are prototyping technocracy’s “last mile” in the United States. As global capital returns to North America, opportunities in real estate abound. Entrepreneurs and investors can shift enormous unrealized capital gains out of tech companies and the stock market at a relative high and into real estate (and related digital integration in communities) at relative low prices.
Put aside your prism of national competition. Look at the world through the prism of digital control—the competition to own and access the satellites, telecommunications, information systems, software, and AI that implement “the databeast” is reaching a fever pitch. Or, as Patrick says, “data is the new oil,” and we are entering a new period of “digital despotism.”