Kathleen Weiss Hanley
Deputy Director and Deputy Chief Economist

Education Summary

  • Ph.D. Finance, University of Florida, 1988
  • B.S. Finance, Indiana University, 1983

Fields of Interest

  • Corporate finance
  • Investment banking and venture capital
  • Government policy and regulation
Deputy Director and Deputy Chief Economist
Division of Risk, Strategy and Financial Innovation
U.S. Securities and Exchange Commission
2011–present
Senior Economist
Division of Research and Statistics, Risk Analysis Section
Federal Reserve Board of Governors
2010–2011
Senior Financial Economist
Division of Risk, Strategy and Financial Innovation
U.S. Securities and Exchange Commission
2005–2010
Associate Professor of Finance (with tenure)
Robert H. Smith School of Business
University of Maryland
1995–1999
Assistant Professor of Finance
Robert H. Smith School of Business
University of Maryland
1994–1995
Assistant Professor of Finance
School of Business Administration
University of Michigan
1988–1994
Research Economist
Office of the Chief Economist
U.S. Securities and Exchange Commission
1987–1988
  • Kathleen Weiss Hanley and Gerard Hoberg, Litigation Risk, Strategic Disclosure and the Underpricing of Initial Public Offerings, 2012, Journal of Financial Economics 103, 235-254.
  • Kathleen Weiss Hanley and Gerard Hoberg, The Information Content of IPO Prospectuses, 2010, Review of Financial Studies 23, 2821-2864.
  • Amy Edwards and Kathleen Weiss Hanley, Short Selling in Initial Public Offerings, 2010, Journal of Financial Economics 98, 21-39.
  • Kathleen Weiss Hanley, Charles Lee and Paul Seguin, The Marketing of Closed-End Funds: Evidence From Transactions Data, 1996, Journal of Financial Intermediation 5, 127-159.
  • Kathleen Weiss Hanley and William Wilhelm, Evidence on the Strategic Allocation of Initial Public Offerings, 1995, Journal of Financial Economics 37, 239-257. Reprinted in The International Library of Critical Writings in Financial Economics: Vol. 4, Empirical Corporate Finance, Michael Brennan, Ed. (Edward Elgar, 2001).
  • Kathleen Weiss Hanley, The Underpricing of Initial Public Offerings and the Partial Adjustment Phenomenon, 1993, Journal of Financial Economics 34, 231-250.
  • Kathleen Weiss Hanley, Arun Kumar and Paul Seguin, Price Stabilization in the Market for New Issues, 1993, Journal of Financial Economics 34, 177-197.
  • Kathleen Weiss Hanley and Jay Ritter, Going Public, The New Palgrave Dictionary of Money and Finance, ed. J. Eatwell, M. Milgate and P. Newman, London: The Stockton Press, 1992, 248-255.
  • William Megginson and Kathleen Weiss, Venture Capitalist Certification in Initial Public Offerings, 1991, Journal of Finance 46, 879-903. Reprinted in Venture Capital, Mike Write, Lowell W. Busenitz and Harry J. Sapienza, Eds., (Edward Elgar, 2003).
  • Kathleen Weiss, The Post-Offering Price Performance of Closed-End Funds, 1989, Financial Management 18, 57-67. Securities and Exchange Commission Released Papers, July 21, 1989.
  • Stephen D. Smith, Deborah Gregory and Kathleen Weiss, A Note on Quantity versus Price Risk and the Theory of Financial Intermediation, 1987, Journal of Finance 42, 1377-1383.
  • Cecilia Caglio, Kathleen Weiss Hanley and Jennifer Marietta-Westberg, Going Public Abroad, RSFI Working Paper 2013-01.
  • Cindy Alexander and Kathleen Weiss Hanley, Regulatory Monitoring Under the Sarbanes-Oxley Act.

Conference Activities (After 2005)

Paper presentation, 2012 23rd Annual CFEA Conference
Discussant, 2012 FIRS Conference
Paper presentation, 2011 Multinational Finance Society Conference
Paper presentation, 2010 Seventh Annual Napa Conference on Financial Markets Research
Paper presentation, 2010 AFA Conference
Discussant, 2009 AFA Conference
Paper presentation, 2008 19th Annual Conference on Financial Economics and Accounting
Paper presentation ("Top Ten" session), breakfast speaker at the Women's Forum and panelist, 2008 FMA Conference
Paper presentation, 2008 WFA Conference
Paper presentation (by co-author), 2008 NBER Market Microstructure Conference
Paper presentations, discussant and session chair, 2008 European Financial Management Symposium on Initial Public Offerings
Program committee and paper presentation (by co-author), 2008 Washington Area Finance Association Conference
Discussant, 2008 American Economic Association Meeting
Paper presentations and discussant, 2007 FMA Conference
Discussant, 2007 AFA Conference
Panelist, 2006 FMA Conference
Paper presentation and panelist, 2006 American Accounting Association Conference
Panel chair, session chair and discussant, 2005 FMA Conference

University Presentations (After 2005)

University of Kentucky, 2012
University of Iowa, 2012
University of Tennessee, 2012
Georgetown University, 2012
University of Maryland, 2011
Queens University, 2011
George Mason University, 2011
George Washington University, 2010
Federal Reserve Board of Governors, 2010
University of Delaware, 2010
Rutgers University, 2009
Claremont McKenna College, 2009
University of Waterloo, 2009
University of Missouri, 2008
University of Notre Dame, 2008
Pennsylvania State University, 2007
Tulane University, 2007
University of Western Ontario, 2007
Washington University, 2007
Vanderbilt University, 2007
Carnegie Mellon University, 2007
American University, 2007
University of Miami, 2006
University of Virginia, 2006