Barney Frank to keynote ABS West

Architect of Dodd-Frank to leap into the lion’s den

Those in investments and finance mutter two names every time they speak of the current regulatory environment – Dodd-Frank – and the latter is stepping into the crossfire as the keynote speaker at this year’s ABS West in Las Vegas February 8-11.

The Structured Finance Industry Group and IMN are co-hosting their second, and the largest, capital markets conference in the world, ABS Vegas 2015. And Barney Frank is scheduled to keynote.

This is the second ABS West conference since the split of SFIG from the American Securitization Forum.

This year’s will be at the Aria Resort & Casino in Las Vegas. The three-and-a-half day program is developed by leaders within the structured finance industry representing the full spectrum of industry participants including investors, issuers, financial intermediaries, regulators, law firms, accounting firms, technology firms, rating agencies, servicers and trustees.

Frank’s speech is all the more relevant since this year Republicans in control of the House and Senate will be looking to reform much of what they call the overreach of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

“We look forward to Mr. Frank’s insights on the original intent of the bill, implementation to date, and whether more work needs to be done,” SFIG said in its announcement.

Frank served as United States Congressman from Massachusetts for over three decades, starting in 1981, when he won the seat formerly occupied by Father Robert Drinan. An outspoken legislator, Frank played a key role in some of the most impacting legislation of our country’s recent history.

As Chair of the House Financial Services Committee from 2007 to 2011, Frank helped craft the compromise bill to slow the tide of home mortgage foreclosures in the wake of the subprime mortgage crisis, as well as the subsequent $550 billion rescue plan, and the aforementioned Dodd-Frank Act—the sweeping set of regulatory reforms named partly after Frank and signed into law in July 2010, to prevent the recurrence of the financial crisis.

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