September 9, 2004
Speaker Biographies
Frank M. Hatheway is vice president and chief economist of the NASDAQ Stock Market, Inc. He is responsible for a variety of projects to support the NASDAQ market and to improve its market structure. He joined NASDAQ as deputy chief economist in June 2001. Before joining NASDAQ, Mr. Hatheway was a professor of finance at Penn State University and a well-known researcher in market microstructure. He has authored academic articles in the Journal of Finance, Journal of Financial Intermediation, and other leading finance journals. From 1998 to1999, he was an economic fellow and senior research scholar with the U.S. Security and Exchange Commission's Office of Economic Analysis. He has also served on the Economic Advisory Board of NASD and the NASDAQ Stock Market. Previously he worked for General Electric and later spent five years running his own securities firm as a registered options trader on the floor of the Philadelphia Stock Exchange.
Peter J. Martyn began his career at NASDAQ in 1987. He is currently a vice president in NASDAQ Trading and Market Services, a unit that serves as the liaison between NASDAQ's customers and its business and technology areas. The unit focuses on developing services and products that satisfy and anticipate customer demand. Mr. Martyn was the manager for the delivery program surrounding SuperMontage, NASDAQ's sophisticated trading platform that was launched in 2002. Before working on SuperMontage, he was the product manager for the NASDAQ Execution Services, which included the products SOES, SelectNet, and CAES/ITS, and NWII Services, which included the NWII (the NASDAQ Workstation II), SDPs (Service Delivery Platforms), API (Application Program Interface), and the NASDAQ Network. Before joining the NASD, Mr. Martyn worked as a consultant for Cabot Consulting Group from 1983 to 1987 in their Financial Information Systems Division.
Peter J. Wallison joined AEI in 1999 as a resident fellow and as the codirector of AEI's program on financial market deregulation. As a partner of Gibson, Dunn & Crutcher LLP, he practiced banking, corporate, and financial law in the firm's Washington and New York offices. As the general counsel of the Treasury Department from 1981 to 1985, Mr. Wallison helped develop the Reagan administration's proposals for deregulating the financial services industry. From 1986 to 1987, Mr. Wallison was counsel to President Ronald Reagan. He is the author of Back from the Brink, a proposal for a system of private deposit insurance; coauthor of Nationalizing Mortgage Risk: The Growth of Fannie Mae and Freddie Mac and The GAAP Gap: Corporate Disclosure in the Age of the Internet; and the editor of Serving Two Masters Yet out of Control: Fannie Mae and Freddie Mac and Optional Federal Chartering of Insurance Companies, all of which have been published by the AEI Press. More recently, Mr. Wallison is the author of Ronald Reagan: The Power of Conviction and the Success of His Presidency (Westview Press, 2002).
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