Graduate and degree in Law, University of Kansas, US. 1981-88, Research Director, Deputy Counsel and Counsel to Senate Leader Robert Dole; 1991-95, Commissioner and Acting Chairman, Commodity Futures Trading Commission; 1995-2000, Senior Vice-President, Government Relations, New York Stock Exchange; 2001-02, Assistant Secretary, Financial Institutions, US Treasury Department; since 2002, Dean's Professor of Financial Regulatory Policy, Isenberg School of Management, University of Massachusetts-Amherst; concurrently, since 2006, current position. Member of the Board, Federal Deposit Insurance Corporation. Member of several professional and non-profit organizations. Author. Recipient of honours and awards.