Sheila C. Bair, senior adviser at Pew Charitable Trusts, discusses the political heart for true financial reform. She examines what can be done to alleviate systemic risk and why financial reforms are important to a banking sector that supports a functional free market economy. Bair also discusses reforms that will affect the investment management sector in the United States and Europe.

Bair's presentation is preceded by the opening remarks for the CFA Institute 67th Annual Conference by CFA Institute President and CEO, John Rogers, CFA.

This is an archived recording of a live broadcast that took place on 5 May 2014.