Attorneys Jeffery Smith and Jeffrey Quayle will survey the issues that prompted the 2008 financial crisis, examine the fallout and provide an update on the current state of regulation under the Dodd–Frank Wall Street Reform and Consumer Protection Actin the Heuerman Lecture at The University of Toledo College of Law.

The lecture, “The Financial Crisis – A Retrospective and Update,” will take place at 11:45 a.m., Thursday, Feb. 23, in Room 1013 of the Law Center. It is free and open to the public.

Signed into law by President Obama in July 2010, the Dodd-Frank Act mandated new financial regulations to improve accountability and transparency in the country’s financial systems. More than a year and a half later, many of the Act’s rulemaking requirements have yet to be implemented – and with Republican front-runners Mitt Romney and Newt Gingrich calling to repeal the Act, further delay is possible.

Smith and Quayle’s “Retrospective and Update” will address the 2008 financial crisis and the fallout for the financial services industry and the consumer, as well as provide an update on the current state of regulation under Dodd-Frank.

Jeffery Smith has more than 30 years of experience in financial institution regulatory and corporate matters. He is a partner at Vorys, Sater, Seymour and Pease LLP in the corporate and finance group and a Toledo Law alumnus. Smith is the former co-chair of the Ohio State Bar Association’s financial institutions subcommittee and the co-author of a handbook for bank directors.

Jeffrey Quayle is senior vice president and general counsel to the Ohio Bankers League. He provides legal advice and guidance to the Ohio banking industry and represents the industry in federal and state legislative and regulatory initiatives. Quayle also serves as the executive director of the Ohio Bankers Benefits Trust, an entity that provides health benefits to community bankers in Ohio. He is a graduate of Miami University and The Ohio State University Moritz College of Law.

“This is a timely and important presentation, and a fitting one for the College of Law to host,” UT College of Law Dean Daniel J. Steinbock said. “Just last May, Toledo Law Professor Geoffrey Rapp testified in Congress on proposals to amend the whistleblower provisions of the Dodd-Frank Act – provisions he had advocated for in past scholarly publications. The future of the Act also is likely to figure in this year’s presidential election.”

The lecture is made possible by the Heuerman Fund for the Study of Investment Law and Regulations established by Richard and Lois Heuerman to benefit The University of Toledo College of Law.

For more information contact Rachel Phipps, assistant to the dean for communications in the UT College of Law, at 419.530.2628 or rachel.phipps@utoledo.edu.

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