Hal Scott

Dr. Heath Tarbert, a partner of the global law firm of Allen & Overy, has been appointed as a non-resident fellow of the Harvard Law School Program on International Financial Systems (PIFS).

Some recent faculty and clinical highlights—from research on anti-corruption efforts to conferences on financial regulation.

Professor Hal Scott, director of the Harvard Law School Program on International Financial Systems, recently gathered public and private sector financial leaders from Brazil and the U.S. to examine issues affecting the financial relationship between the two countries.

The Harvard Law School Program on International Financial Systems fosters the exchange of ideas on capital markets, financial regulation, and international financial systems through its portfolio of Symposia on Building the Financial System of the 21st Century. The symposia, started in 1998, bring together senior financial leaders, high-ranking government officials, and distinguished academics from the U.S. and their counterparts from China, Europe, Japan, and Brazil each year for intensive dialogue on issues affecting international capital markets. The 15th annual Japan-U.S. symposium was held this year in Karuizawa, Japan from Oct. 24 to 26. In a Q&A, HLS Professor Hal Scott, PIFS director, talks about the symposium’s history and impact.

In an Aug. 15 op-ed published in The New York Times Global Edition, Harvard Law School Professor Hal Scott weighs in on the European economic crisis and the need for international action in resolving it.

"The Alternative to Shareholder Class Actions," an op-ed by Harvard Law School Professor Hal Scott and Leslie N. Silverman, appeared in the Apr. 1 edition of The Wall Street Journal.

On Nov. 4-6, Harvard Law School’s Program on International Financial Systems (PIFS) co-hosted the 14th annual “Symposium on Building the Financial System of the 21st Century: An Agenda for Japan and the United States,” with the International House of Japan. The event, held this year in Cambridge, Mass., brought together more than 100 hundred senior executives and government officials from the financial industry, policymaking, law and academic arenas.

In a July 19 op-ed published in the Opinion section of the Financial Times, Harvard Law School Professor Hal Scott reflects on the past, present, and future of the Dodd-Frank Wall Street Reform and Consumer Protection Act on the anniversary of its passage into law.

Since the financial crisis hit, HLS Professor Hal Scott and the Committee on Capital Markets Regulation, an independent research organization which he directs, have been working double time making recommendations on financial regulatory reform through white papers, major reports and testimony before Congress.

On Thursday June 16, HLS Professor Hal Scott is testified before the US House of Representatives Committee on Financial Services in a hearing entitled “Financial Regulatory Reform: The International Context."

In an article published in the April 20 Opinion section of The Wall Street Journal, Harvard Law School Professor Hal S. Scott takes a look at the overregulation of private offerings by the Securities and Exchange Commission, following a recent statement by SEC Chair Mary Schapiro that the agency is investigating ways to reduce regulatory burdens on small-business capital formation. According to Scott, this should prompt a review of the regulation of offerings in both private and public markets.

Harvard Law School Professor Hal S. Scott, Director of the Committee on Capital Markets Regulation, testified before the House Agriculture Committee's Subcommittee on General Farm Commodities and Risk Management on Wednesday, April 13, 2011 at 10am. Scott warned that the Commodity Futures Trading Commission and the Securities and Exchange Commission need to make major changes in coordinating the development of new rules required under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The rules will be aimed at better regulating the derivatives market.