Hal S. Scott is the Nomura Professor and Director of the Program on International Financial Systems (PIFS) at Harvard Law School, where he has taught since 1975. He teaches courses on Capital Markets Regulation, International Finance, and Securities Regulation. He has a B.A. from Princeton University (Woodrow Wilson School, 1965), an M.A. from Stanford University in Political Science (1967), and a J.D. from the University of Chicago Law School (1972). In 1974-1975, before joining Harvard, he clerked for Justice Byron White. The Program on International Financial Systems, founded in 1986, engages in a variety of research projects. Its book, Capital Adequacy Beyond Basel (Oxford University Press 2004), examines capital adequacy rules for banks, insurance companies and securities firms. The Program also organizes the annual invitation-only U.S.-Japan, U.S.-Europe, U.S.-China and U.S.-Brazil Symposia on Building the Financial System of the 21st Century, attended by financial system leaders in the concerned countries. In addition, the Program directs a concentration in International Finance for LLM students at Harvard Law School. Professor Scott’s books include the law school textbook International Finance: Transactions, Policy and Regulation (18th ed. Foundation Press 2011); and The Global Financial Crisis (Foundation Press 2009). Professor Scott is the Director of the Committee on Capital Markets Regulation, which in May 2009 released a comprehensive report entitled The Global Financial Crisis: A Plan for Regulatory Reform. He is also Co-Chair of the Council on Global Financial Regulation that was formed in 2010. He is an independent director of Lazard, Ltd., a past President of the International Academy of Consumer and Commercial Law and a past Governor of the American Stock Exchange (2002-2005).
Sharon Baker Morin has been Deputy Director of the Committee since the fall of 2009.
Ms. Morin retired as an Executive Vice President of State Street Corporation in 2009. Prior to her retirement she was Chairman of State Street Trust & Banking Co., Ltd. based in Tokyo, responsible for the overall strategy and governance of the State Street Trust and Banking business in Japan. While in Japan, she served as a Governor of the American Chamber of Commerce in Japan.
Previously at State Street, Ms. Morin was its first chief compliance officer, responsible for the design, implementation and oversight of policies, guidelines and programs to ensure compliance with applicable laws and regulations where State Street conducted business worldwide.
Ms. Morin joined State Street in January 1993 as a managing attorney in the Legal Division and, prior to assuming the role of chief compliance officer in March 2005, was an Associate General Counsel managing the legal teams that supported the Investor Services businesses globally.
Prior to joining State Street, Ms. Morin was an attorney in private practice in Boston and Tokyo for over 15 years where she specialized in business law with emphasis on mergers and acquisitions and securities law matters.
Ms. Morin received her Bachelor of Arts degree with highest distinction and her Master of Arts degree from The University of Iowa. She received her Juris Doctor degree, cum laude, from Harvard Law School and is a member of Phi Beta Kappa.
Prior to joining the Committee in January 2013, Mr. DeWitt served for three years as an associate in the Hong Kong and Tokyo offices of Davis Polk & Wardwell, advising both issuers and underwriters on a variety of debt and equity capital markets transactions. Following his law school graduation in 2008, Mr. DeWitt served for one year as law clerk to the Hon. Laurence H. Silberman of the United States Court of Appeals for the District of Columbia Circuit. While a law student, Mr. DeWitt assisted the Committee with the preparation of its 2006 Interim Report as a research assistant to Prof. Hal Scott and Prof. Allen Ferrell.
Mr. DeWitt is a graduate of Yale College (B.A., 2003, summa cum laude, “Humanities” and “International Studies”); King’s College, University of Cambridge (M.Phil, 2006, “Oriental Studies”); and Harvard Law School (J.D., cum laude, 2008). Mr. DeWitt is a former recipient of the Alpheus Henry Snow Prize, the highest honor conferred upon a graduating senior by Yale College, and a Gates Cambridge Scholarship. He is conversant in eight languages at various degrees of fluency.
Jacqueline C. McCabe
Senior Research Advisor
Jacqueline McCabe is the Senior Research Advisor to the Committee. Prior to her current role, Ms. McCabe served as Executive Director for Research of the Committee from 2011 – 2012. While serving as Executive Director, she testified before a House sub-committee on the lack of cost-benefit analysis in Dodd-Frank rulemaking.
Before joining the Committee, Ms. McCabe served for seven years as a Vice President and Assistant and Associate General Counsel at Goldman Sachs & Co. At Goldman Sachs, Ms. McCabe worked within the investment management division (“GSAM”) where she was responsible for GSAM’s private investment funds and managed accounts with institutional clients.
Prior to that, Ms. McCabe was an associate at Skadden, Arps, Slate, Meagher and Flom in their Investment Management Group.
Ms. McCabe graduated from Princeton University with an A.B. in History and from Harvard Law School.
Laura M. Desmond
Prior to joining the Committee in March 2013 as the Associate Director, Laura Desmond worked at a number of Boston and Washington DC-based nonprofits, focusing on issues ranging from human rights to education to entrepreneurship. Mrs. Desmond began her career in Washington DC at Freedom House’s Center for Religious Freedom where she focused on human rights research and advocacy work, which carried over to her position as Chief Operating Officer of the American Anti-Slavery Group in Boston. She then joined The Bridgespan Group, a nonprofit consulting firm, before becoming the Director of the Massachusetts Automobile Dealers Charitable Foundation. Most recently she worked for Earthwatch Institute and MassChallenge while pursuing her Masters degree.
Mrs. Desmond is a graduate of Smith College (BA, French Literature and Language) and Northeastern University (Master of Science, Nonprofit Management). A dual national of France, Mrs. Desmond is a past member of the Junior League of Boston and the holds numerous volunteer leadership positions with Smith College.
Sharon Levesque has worked for the Committee since the fall of 2009. Prior to joining the Committee, Ms. Levesque was the Executive VP of Finance at Baja Broadband. Previously, she was a Principal at Tofias, P.C., consulting within the CPA firm’s Business Solutions group.
Ms. Levesque has more than twenty-five years of accounting/finance experience in public accounting and corporate CFO/controllership. She has held senior management positions for cable television and broadband companies in Massachusetts and North Carolina. She began her accounting career in 1980 with KPMG (formerly Peat, Marwick, Mitchell.) She has also served on the Board of Directors for several southeastern Massachusetts non-profits, oftentimes also serving as Treasurer.
Ms. Levesque is a 1979 graduate of Providence College, where she earned her Bachelor of Science degree in Business Management: Accounting, graduating magna cum laude. She earned her CPA in 1982. Throughout her career, she has also earned various other certifications and licenses, including CFP, CLU and NASD Series 7.
Jacob (“J”) M. Weinstein is a Senior Advisor to the Committee and was its Interim Deputy Director. He previously served as Deputy Director of the Program on International Financial Systems at Harvard Law School.
Before joining Harvard, J was a capital markets and corporate governance advisor in emerging markets throughout the world. His assignments ranged from assisting in the development of the Financial and Capital Markets Commission of Latvia to advising the Chief Executive Officer of the Capital Markets Development Authority of Fiji on attracting equity listings to the South Pacific Stock Exchange.
At the beginning of his career, J was an attorney on the staff of the Superintendent of Banks of the State of New York, Muriel Siebert. After three years at the Banking Department, J practiced law in the private sector. He was associated with the law firm of Willkie Farr & Gallagher.
During the buoyant equity markets of the 1980’s, J joined the Investment Banking Department of PaineWebber. He specialized in underwriting the shares of mutual savings banks converting to public companies.
Following his career at PaineWebber, J joined the New York-based mergers & acquisitions operation of The Industrial Bank of Japan (IBJ)–The Bridgeford Group. In the early 1990’s, J lived in Tokyo and was the liaison between the managing directors of IBJ and the professionals of The Bridgeford Group.
Paul S. Giordano is a Senior Advisor to the Committee. He currently serves as Executive Vice President, General Counsel & Secretary of Ironshore Insurance group. Since 2005, Mr. Giordano has been a Director of Primus Guaranty, Ltd.
Mr. Giordano served as President, Chief Executive Officer and Deputy Chairman of Syncora Holdings Ltd. (formerly known as Security Capital Assurance Ltd.) (NYSE:SCA) from March 2006 until August 2008. Mr. Giordano served as Chief Executive for Financial Products and Services and Executive Vice President of XL Capital Ltd. (NYSE:XL), a provider of insurance and reinsurance coverages and financial products and services, from 2004 until 2006. Mr. Giordano was Executive Vice President, General Counsel and Secretary of XL Capital Ltd. from 1999 to 2004 and served as a director and officer of a number of XL Capital Ltd affiliates.
From 1997 to 1999, he served as Senior Vice President, General Counsel and Secretary of XL Capital Ltd. Mr. Giordano was in private practice at the law firms of Clifford Chance from 1993 to 1996 and Cleary, Gottlieb, Steen & Hamilton from 1990 to 1993.
Mr. Giordano is a Rhodes Scholar who holds degrees from Harvard Law School (1990, JD cum laude), Oxford University (1987, BA in Jurisprudence with Honors) and the University of Missouri (1985, BA summa cum laude).
John Gulliver graduated from Harvard Law School in 2010. At Harvard, his coursework focused on financial regulation, he worked for the Harvard Predatory Lending Clinic, and he was a member of the Harvard Association for Law and Business. Following graduation, Mr. Gulliver was employed in the private sector with ACA Compliance Group where he supported a team of former regulators responsible for registering private funds with the SEC, FINRA and FSA as well as maintaining registered funds’ compliance programs. Mr. Gulliver has also served as a research assistant to Professor Andrew W. Lo, the Harris & Harris Group Professor of Finance at the MIT Sloan School of Management, and as a research associate for the Committee.
Brian Johnson has worked with the Committee since May 2012 as a Research Fellow. Mr. Johnson is currently a PhD Candidate in Financial Economics at UC Berkeley, where he focuses on the intersection of law and finance with a particular emphasis on financial regulation. Prior to his doctoral studies, Mr. Johnson was a trader at Jane Street Capital, LLC and an associate at Latham & Watkins, LLP in their corporate practice.
Mr. Johnson received a B.A. in Economics from Yale College, a J.D. from Harvard Law School, and a M.S. in Finance from UC Berkeley’s Haas School of Business.