Contact Info

University of Maryland Francis King Carey School of Law
500 West Baltimore Street
Baltimore, MD 21201

mgreenberger
@law.umaryland.edu
(410) 706-3846

Media Contact:
George Lettis
glettis@law.
umaryland.edu
410-706-3985

Michael Greenberger

Law School Professor, University of Maryland Francis King Carey School of Law.

Michael Greenberger is professor at the University of Maryland Francis King Carey School of Law, where he teaches a course entitled “Futures, Options and Derivatives.”

Professor Greenberger has served as the Technical Advisor to the United Nations Commission of Experts on Reforms of the International Monetary and Financial System; and as a member of the International Energy Forum’s Independent Expert Group providing recommendations to the IEF’s 12th Ministerial Meeting.

In 1997, Professor Greenberger left private law practice to become the Director of the Division of Trading and Markets at the Commodity Futures Trading Commission (CFTC) and through 1999, he served under CFTC Chair Brooksley Born. He also served on the Steering Committee of the President’s Working Group on Financial Markets, and as a member of the International Organization of Securities Commissions’ Hedge Fund Task Force.

Professor Greenberger has worked with Americans for Financial Reform, a coalition of over 250 nonprofit organizations on the passage and implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; he has also consulted with the Commodity Markets Oversight Coalition, an alliance of business end-users, advocating for the timely and rigorous implementation of Dodd-Frank-mandated financial reform.

Prior to the passage of Dodd-Frank, Professor Greenberger testified numerous times before the House and Senate committees about that legislation. Following the passage of Dodd-Frank, Professor Greenberger was asked to testify before House and Senate oversight committees on the implementation of Dodd-Frank and to present at three different roundtables sponsored by CFTC and SEC staffs. He has filed over 20 comment letters on proposals by regulators implementing Dodd-Frank, many of which have been cited by the Commission in its final Dodd-Frank rules. He has also authored several chapters and scholarly articles about Dodd-Frank.

Professor Greenberger has conducted over 150 media interviews to discuss financial regulation, including appearances on CNN, ABC’s “World News Tonight,” the CBS Evening News, the NBC Nightly News, CNBC, MSNBC, The Jim Lehrer News Hour, NPR, PBS’s “Frontline,” and “Newshour”, BBC Radio, and C-SPAN. Professor Greenberger’s recent testimony and related media can be found at http://www.michaelgreenberger.com/. He has also been featured in films such as Inside Job (Academy Award for Best Documentary Feature in 2011), The Warning (NPR Peabody Award), and American Casino.

Issues: Bank Bail Out, Bank Bonuses, Banking and Finance, Entrepreneurialism, Financial Markets, Housing Market Collapse, Ratings Agencies, Securitization, Small Business, The Federal Reserve, Too Big To Fail, Wealth Creation

Experience:

• Professor, University of Maryland School of Law
• Maryland Governor’s Emergency Management Advisory Council
• Member, International Energy Forum Independent Expert Group on Energy Price Volatility
• Principal Deputy Associate Attorney General, U.S. Department of Justice, 1999-2001
• Director, Division of Trading & Markets, Commodity Futures Trading Commission, 1997-1999

Education:

J.D., University of Pennsylvania, 1970
A.B., Lafayette College, 1967

Books:

Overwhelming a Financial Regulatory Black Hole with Legislative Sunlight: Dodd-Frank’s Attack on Systemic Economic Destabilization Caused by an Unregulated Multi-Trillion Dollar Derivatives Market, 6 Journal of Business & Technology Law 127 (2011).

Out of the Black Hole: Regulatory Reform of the Over-the-Counter Derivatives Market, in Make Markets Be Markets 99 (2010).

The Posse Comitatus Act and Disaster Response, in Homeland Security and Emergency Management: A Legal Guide for State and Local Governments (Ernest Abbott & Otto Hetzel eds., 2010) (with Arianne Spaccarelli).

Governance and Biosecurity: Strengthening Security and Oversight of the Nation’s Biological Agent Laboratories, 13 DePaul Journal of Health Care Law 77 (2011) (with Talley Kovacks & Marita Mike).

Additional Issues: Regulation of Derivative Markets; Derivatives, Credit Derivatives, Credit Default Swaps, Synthetic CDO’s, Wall Street Commodity Speculation, Energy, Food Prices, MF Global, Mortgage Foreclosure Settlement