Charles M. Elson is the Edgar S. Woolard Jr. Professor of Corporate Governance and the director of the John L. Weinberg Center for Corporate Governance at the University of Delaware. He formerly served as a professor of law at Stetson University College of Law in St. Petersburg, Florida, from 1990 until 2001. His fields of expertise include corporations, securities regulation, and corporate governance. Before joining the Stetson faculty, he practiced for several years with the New York law firm of Sullivan & Cromwell, where he specialized in corporate finance and mergers and acquisitions law.

D. Bruce Johnsen is a professor of law at George Mason University, a leading center for law and economics scholarship. Mr. Johnsen’s scholarship focuses on the law and economics of property rights, which allows him to address topics as diverse as antitrust and antitrust federalism, native American institutions, corporate finance and financial institutions, and business ethics. Mr. Johnsen has held positions at the Department of Management at Texas A&M University, the Office of Economic Analysis at the U.S. Securities & Exchange Commission, and the Department of Legal Studies at the Wharton School of the University of Pennsylvania.

Jonathan F. Pedersen joined Kirkland & Ellis’ New York office as a capital markets partner in January 2003. Mr. Pedersen has represented a wide variety of underwriters and issuers in a broad range of corporate finance transactions, including sovereign debt issues, complex multinational initial public offerings, government privatizations, high-yield debt offerings, and Euro and Rule 144A offerings. He is particularly experienced in Asian and other international matters. He also has significant experience with mergers and acquisitions.

Peter J. Wallison joined the American Enterprise Institute in 1999 as a resident fellow and as the codirector of AEI’s program on financial market deregulation. As a partner of Gibson, Dunn & Crutcher LLP, he practiced banking, corporate, and financial law in the firm’s Washington and New York offices from 1987 until 1999. As the general counsel of the Treasury Department from 1981 to 1985, Mr. Wallison helped develop the Reagan administration’s proposals for deregulating the financial services industry. During 1986 and 1987, Mr. Wallison was the counsel to President Ronald Reagan. He is the coauthor of Nationalizing Mortgage Risk: The Growth of Fannie Mae and Freddie Mac and The GAAP Gap: Corporate Disclosure in the Age of the Internet.

Financial Regulation: Marquette and Markets or Federal Uniformity?

Todd J. Zywicki is the director of the Office of Policy Planning at the Federal Trade Commission. He is on leave from George Mason University School of Law, where he is professor of law. He teaches in the areas of bankruptcy, contracts, law and economics, and commercial law. Mr. Zywicki clerked for Judge Jerry E. Smith of the U.S. Court of Appeals for the Fifth Circuit and worked as an associate at Alston & Bird in Atlanta, Georgia, where he practiced bankruptcy and commercial law.

Phil Lehman is a senior attorney in the Consumer Protection Division of the North Carolina Department of Justice. Mr. Lehman has been with the attorney general’s Office for fifteen years and has specialized in cases and legislation relating to consumer credit. He was extensively involved in the drafting and negotiating of North Carolina’s landmark predatory mortgage lending law. He also represented North Carolina in two recent major investigations and settlements involving alleged unfair lending practices by national subprime lenders.

Wright H. Andrews Jr. is a senior partner at Butera & Andrews, specializing in federal and state legislative and government relations matters. He served two terms as president of the American League of Lobbyists, the leading national trade organization of professional federal lobbyists, during 1994 and 1995. Mr. Andrews has chaired four national conferences aimed at understanding and addressing abusive mortgage lending practices.

Michael S. Greve is the John G. Searle Scholar at the American Enterprise Institute where he directs the AEI Federalism Project and the AEI Liability Project. His research and writing cover American federalism and its legal, political, and economic dimensions. Mr. Greve cofounded and from 1989 to February 2000 directed the Center for Individual Rights (CIR), a public interest law firm. CIR served as counsel in many precedent-setting constitutional cases, including United States v. Morrison (2000) and Rosenberger v. University of Virginia (1995). He currently serves on the Board of Directors of the Competitive Enterprise Institute.