Financial Markets Conference: Financial Innovation and Crises - May 11–13, 2009

This thirteenth annual forum examined the challenges of measuring, managing, and regulating risk in the face of continual development of innovative financial instruments. In particular, the conference program drew on experiences of the recent credit market crisis, historical perspectives on innovation and regulation, and analysis of the future of financial intermediation to explore tools and policies for effective risk management—both within firms and at the systemic level.