Edmon Blount
Financial Regulation
Executive Director: Center for the Study of Financial Market Evolution
Advanced Professional Certificate (post-MBA), NYU
Areas of Interest: Macroprudential regulation, econometrics, international banking and cross-border finance.
[email protected]
202-531-7999
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New York University, Graduate School of Business
Advanced Professional Certificate (post-MBA)
Management of Financial InstitutionsPepperdine University, Graduate School of Business
Master of Business Administration in ManagementFordham University, College at Rose Hill
Bachelor of Arts in Economics and English
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- Macroprudential regulation
- Econometrics
- International banking
- Cross-border finance.
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Edmond Blount serves as an advisor to financial regulators and trade associations on capital markets issues, as well as a consultant to law firms on securities litigation matters. Blount has worked in the securities markets for 35 years, first with Citibank,Bankers Trust, ASTEC Consulting, Advanced Securities Consulting, and the Center for Study of Financial Market Evolution (CSFME).
He is now Executive Director of the Center for Study of Financial Market Evolution (CSFME), a non-profit research group he founded in 2006, and President of Advanced Securities Consulting, LLC. Both firms are based in Washington, D.C. When, in 2007, Ed sold ASTEC Consulting Group to a Fortune 500 data systems vendor, the firm's research cooperatives and online risk/pricing systems were serving 500 institutional investors with counterparty exposures of US $3 trillion. Part of the sale proceeds were deposited in a foundation to fund the Center's activities.
Blount’s paper on the collapse of Bear Stearns and Lehman Brothers, “Liability Dynamics: A New Framework for Counterparty Risk Management?”, was published in the March, 2009 issue of the Risk Management Association (RMA) Journal. In April, 2007, he presented "The Impact of Short Sales and Securities Lending on Capital Market Portfolios: 1990 through 2006," at the IMF-World Bank conference in Moscow, Russia. In 2006, Blount co-authored "Managing Liquidity Risks in Cash-based Lending Programs," in Securities Finance: Lending and Repurchase Agreements, edited by Frank Fabozzi and published by Wiley.
Since 1980, Ed Blount has been a writer and contributing editor of the ABA Banking Journal of the American Bankers Association. In many published articles, Blount has conducted in-depth interviews with senior officials of the SEC, Federal Reserve Board of Governors, Federal Reserve Bank of New York, Bank for International Settlements, Basel Committee on Banking Supervision, European Commission, European Central Bank and the Swiss Private Bankers Association.
In 1992, one of Blount’s prior firms was the first investment consultancy to benchmark securities lending programs, by forming a research cooperative that grew to more than 250 institutional investors, 30 bank agents and 50 broker-dealers. Blount introduced Lending Pit as the first pricing service for securities loans on the Internet in 2004. By 2007, when Blount sold the business to a Fortune 500 company, traders were receiving daily borrowing rates on over 90,000 securities.
A former U.S. Marine Captain, Blount has degrees from Fordham University, Pepperdine University and New York University. He is a member of the Executive Committee of Fordham’s President’s Council. A frequent speaker at industry conferences worldwide, Blount serves on the Advisory Board of the Mutual Fund Directors Forum and the Institutional Investor Task Force of Broadridge Financial Solutions, Inc. He was inducted into Asset International’s Securities Services Hall of Fame in June 2009.
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Blount, E. (2009). “Liability Dynamics: A New Analytic Framework for Counterparty Risk Management? If data on funding liquidity can he organized into a theory of liability dynamics, it can be used to evaluate counterparty risk”. RMA Journal 91 (6), 26.
Blount, E. (2008). “The Bear Market Posse, or Counterparty Risk Management during the Recent Turmoil”. RMA Journal, 91(1), 28.
Blount, E. (2006). “Managing Liquidity Risks in Cash-Based Lending Programs”. In Securities Finance: Lending and Repurchase Agreements, editor: Frank Fabozzi, publisher: John Wiley, New York.
Blount, Ed. (2004). "A European view of global banking standards". American Bankers Association. ABA Banking Journal 96 (4), 47.
Blount, E. (2003). "Keep Functional Regulation: How Financial Regulation Should-And Shouldn't-Evolve. Talking It through with SEC Chairman Cox" ABA Banking Journal 100 (10), 42.
Blount, E. (2003). "Will Basel II Affect the Competitive Landscape? The Proposed New Rules Are Only One Part of a Broad Picture, Says the New Head of the Basel Committee". ABA Banking Journal 95 (9), 59.
Blount, E. (2001). "Bankers & supervisors prepare for operating risk capital charges". American Bankers Association. ABA Banking Journal 93 (1), 32.
Blount, E. (1997). "Banking in the 3rd millennium". American Bankers Association. ABA Banking Journal 89 (6), 34.
Blount, E. (1994). "The big potential in public pension funds". American Bankers Association. ABA Banking Journal 86 (7), 54.
Capital Market
Blount, E. (2008). “Keep Functional Regulation: How Financial Regulation Should-And Shouldn't-Evolve. Talking It through with SEC Chairman Cox”. ABA Banking Journal, 100 (10), 42.
Blount, E. (2004). “A European View of Global Banking Standards”. ABA Banking Journal, 96 (4), 47-51.
Blount, E. (2004). “Six Years and Three "Pillars" Later, Basel II Rolls Out”. ABA Banking Journal, 96 (8), 7.
Blount, E. (2004). “Will a Financially Unified Europe Grab the Lead From the U.S?”. ABA Banking Journal. 96 (4), 47-51.
Blount, E. (2003). “Will Basel II Affect the Competitive Landscape? The Proposed New Rules Are Only One Part of a Broad Picture, Says the New Head of the Basel Committee”. ABA Banking Journal, 95 (9).
Working Papers
Blount, E. (2006). “Empty Voting: True or False? Center for the Study of Financial Market Evolution”. Securities & Exchange Commission. Working Paper.
Blount, E. (2004). “Growing Cash on Trees: Cash Reinvestment is back In The Spotlight Following Last Year's Well-Publicized Blow-Up”. International Securities Finance, Working Paper.