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John Liechty

Professor of Marketing and Statistics

Pennsylvania State University




409 BB

University Park, PA 16803

(814) 865-0621



Academic Background


I have two degrees from Brigham Young University, a first degree in Physics and a second degree in Statistics.  I received a Ph.D. in Mathematical Statistics from the Statistical Laboratory at the University of Cambridge.  My Ph.D. supervisor was Gareth Roberts.


I am currently part of the Marketing department in the Smeal College of Business at the Pennsylvania State University and I have a joint appointment with the department of Statistics.  In addition, I am affiliated with In4mation Insights   an analytic Marketing Research firm   and I have extensive experience consulting in the Finance Industry (e.g. Morgan Stanley and Goldman Sachs).




            Current CV      Bio


The Office of Financial Research in the U.S. Treasury


I was a founding member and a leading organizer of an effort that resulted in a provision in the Dodd-Frank Act of 2010 that creates a new Office in the U.S. Treasury, the Office of Financial Research, which has the mandate to provide better data and analytic tools to the regulatory community in order to safeguard the U.S. financial system


Part of the story of this legislative effort was reported in the Wall Street Journal and some of my views on the challenges of setting up this new Office are in summarized in a Bloomberg TV interview and a radio program on Marketplace (no longer available).


Slides for my talk on Systemic risk at an IT Innovation Summit, organized by the U.S. Treasury Department, University of Maryland and Tata Consulting Services. January 2010.


Written testimony for and CSPAN link for  Equipping Financial Regulators with the Tools Necessary to Monitor Systemic Risk  , U.S. Senate Subcommittee on Security and International Trade and Finance, February 12, 2010.