On Wednesday, Federal Deposit Insurance Corp. Vice Chairman Thomas Hoenig will be at the Peterson Institute of International Economics in Washington Dc to discuss existing strategies for resolving large, interconnected financial companies. The former Kansas Fed president, who was a member of the Federal Open Market Committee from 1991 to 2011, has sharply criticized how regulators dealt with the financial crisis and banks' living wills. Dodd-Frank and global capital rules don't mandate the break-up of big banks, leaving regulators with the job of winding them down safely if they collapse. Hoenig prefers the Dodd-Frank plans which require complex financial firms to be resolved in bankruptcy court. "We're not going to break you up, but we want you to structure yourself so that your failure doesn't bring the economy down next time," Hoenig said last year. "If you can't get to that point with your current organization structure, then you should sell assets to get to that state."
19 January 2016
Week InAdvance
please join us...       
all times ET unless noted

Wednesday, Jan 20, 2016
CMBS Council Telecon
3 - 3:30 pm

Thursday, Jan 21, 2016
Cyber Security Council Telecon
2 - 3 pm
for details & call-in info...
Matthew Jones
Staff Director
mjones@association.institutionalINVESTORS.org
(202) 712-9050
save the date...       
all times ET unless noted

Thursday, Feb 11, 2016
Market Practices Council Telecom
11am - noon

Last Wednesday of Every Month
INVESTORS Membership Telecon
4:30 - 5 pm
Brief updates from all Council chairs.
All members welcome to listen in.
week in brief
Tuesday, Jan 19
Congressional Budget Office releases federal deficit, growth projections.

Wednesday, Jan 20
World Economic Forum 2016 Annual Meeting in Davos (to Jan 23).

Thursday, Jan 21
SEC's Investor Advisory Committee meets. White House hosts reception for Conference of Mayors.
Please see below for details on these and other events this week.

at the agencies
Tuesday, Jan 19
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Closed meeting to consider a bank supervisory matter.

Thursday, Jan 21
FEDERAL DEPOSIT INSURANCE CORPORATION
Open meeting and webcast on the FDIC's memorandum and resolution regarding their Notice of Proposed Rulemaking on Deposit Insurance Assessments for Small Banks.

Thursday, Jan 21
SECURITIES AND EXCHANGE COMMISSION
A public SEC Investor Advisory Committee quarterly meeting. Topics include fixed-income market structure and pre-trade transparency, NASDAQ listing standards, and an update on crowdfunding rules. The meeting will also include discussion of a draft letter from the Investor as Owner subcommittee concerning Financial Accounting Standards Board proposed amendments to the Statement of Financial Accounting Concepts and Notes to Financial Statements concerning disclosure materiality. 
  
 
on the hill
House in Recess
Senate in Session

Tuesday, Jan 19
SENATE ENERGY AND NATURAL RESOURCES
Full committee hearing on the near-term outlook for energy and commodity markets. Adam Sieminski, who heads the Energy Information Administration, and Bloomberg New Energy Finance's Ethan Zindler are among those scheduled to testify.

Thursday Jan 21
SENATE FINANCE
Full committee hearing on "CO-OPs: A Review of the Financial and Oversight Controls." Andy Slavitt, acting administrator of the Centers for Medicare & Medicaid Services, testifies.
across the globe
Tuesday, Jan 19
BASEL, Switzerland
International Association of Insurance Supervisors (IAIS) resolution related stakeholder meeting.

Wednesday, Jan 20
BASEL, Switzerland
International Association of Insurance Supervisors (IAIS) stakeholder meeting on systemically important insurers (G-SII) methodology and non-traditional Insurance and non-insurance (NTNI).

Wednesday, Jan 20 -
Saturday, Jan 23
DAVOS-KLOSTERS, Switzerland
46th annual meeting of the World Economic Forum. The theme of this year's annual meeting is Mastering the Fourth Industrial Revolution, advances in technologies such as artificial intelligence and robotics. Among the assembled politicians, chief executive officers, and financiers discussing economic issues and current affairs, guests at this year's forum include Fang Xinghai, vice chairman of the China Securities Regulatory Commission; Christine Lagarde, managing director of the International Monetary Fund; and Russia's central bank governor Elvira Nabiullina. The Obama administration will dispatch its most high-ranking delegation: Vice President Joe Biden is slated to be accompanied by John Kerry, Jacob Lew, and Ashton Carter - the secretaries of state, the Treasury, and defense, respectively

Thursday, Jan 21 - 
Friday, Jan 22
LONDON England (and via webcast)
PLI's 15th Annual Institute on Securities Regulation in Europe. Speakers include Keith Higgins of the SEC's Division of Corporation Finance, and Mark Steward, the FCA's new director of enforcement and market oversight and director of risk.

Saturday, Jan 23
DAVOS-KLOSTERS, Switzerland
Several World Trade Organization members are expected to gather at the sidelines of the World Economic Forum's annual meeting to discuss the body's negotiating agenda for 2016. It will be the first meeting of trade officials since the WTO's December ministerial meeting in Nairobi, Kenya.
other events
Wednesday, Jan 20
WASHINGTON DC
The Peterson Institute for International Economics (IIE) holds a discussion on "the policy implications of various strategies for addressing resolvability and resiliency of large, interconnected banking firms." FDIC VP Thomas Hoenig will speak.

Thursday, Jan 21 -
Saturday, Jan 23
NAPLES, Florida
American Bar Association's Derivatives and Futures Law Committee meeting. Commodity Futures Trading Commission Chairman Timothy Massad is scheduled to give a keynote address and a number of CFTC staff members will speak.

Sunday, Jan 24 -
Wednesday, Jan 27
NAPLES, Florida
ABA Insurance Risk Management Forum. Topics include the reality of third-party risk regulatory guidance, the new risks and constraints of social media and the implications of Bitcoin and virtual currencies.