Roger Silvers

Roger Silvers is a former senior economist at the Securities and Exchange Commission, Assistant Professor of Accounting at the Eccles School of Business at the University of Utah, and serves as an economic consultant to hedge funds, short sellers, stock exchanges, and securities regulators around the world.

His research focuses on the enforcement of securities laws and international cooperation between regulators. His studies have been recognized by several awards (FESE de La Vega prize; Best paper CEPR/Imperial/Plato conference; Best paper International Accounting Section; Outstanding International Accounting Dissertation award) and accepted to many highly selective conferences. This includes the ​World Bank’s Annual Conference on Development Economics, Erasmus Liquidity Conference, Harvard Law School’s Program on International Financial Systems, LBS Accounting Symposium, and Utah Winter Accounting Conference.

​He has been invited to share his findings at various regulatory and practitioner events by US regulators (the Securities and Exchange Commission and the Commodities and Futures Trading Commission), foreign regulators (in Israel, Singapore, and the Netherlands), and influential international think tanks (the World Bank, Federation of European Stock Exchanges, World Federation of Exchanges, and the International Organization for Securities Commissions (IOSCO)). He is frequently solicited to provide consultation (for regulators, stock exchanges, short-selling firms, and hedge funds), commentary for articles in the popular press (e.g., by Bob Pisani of CNBC and writers at Barron’s), public comment letters (to the SEC and Financial Stability Board), blog posts (e.g., the Harvard Law School Forum on Corporate Governance), and opinion editorials (in Barron’s). Finally, his work has been influential in the parliaments of several countries seeking to join IOSCO’s Multilateral Memorandum of Understanding. Picture

Refereed publications (1) “The valuation impact of SEC enforcement actions on non-target foreign firms” (solo authored) Journal of Accounting Research (2) “Cross-border cooperation between securities regulators” (solo authored) Journal of Accounting & Economics (3) “Regulatory cooperation and foreign portfolio investment” (with M. Lang, M. Maffett, and J. Omartian) Journal of Financial Economics (4) “Does regulatory cooperation help integrate equity markets?” (solo authored) ​Journal of Financial Economics (5) “The effects of cross-border cooperation on disclosure enforcement and earnings attributes" (solo authored) ​ Journal of Accounting and Public Policy