Scott Bauguess

Deputy Director
Deputy Chief Economist

Office of the Deputy Director

Education Summary

  • Ph.D. Finance, Arizona State University, 2004
  • M.B.A., Arizona State University, 1998
  • M.S. Electrical Engineering, Arizona State University, 1995
  • B.S. Electrical Engineering, University of Illinois, 1992

Fields of Interest

  • Financial Stability
  • Data Analytics
  • Information and Market Efficiency
  • Corporate Governance
  • Deputy Director and Deputy Chief Economist
    Division of Economic and Risk Analysis
    U.S. Securities and Exchange Commission
    2013–present
  • Assistant Director
    Division of Economic and Risk Analysis
    U.S. Securities and Exchange Commission
    2011–2013
  • Lecturer
    Advanced Corporate Financial Management
    George Washington University
    2009–2016
  • Senior Financial Economist
    Division of Economic and Risk Analysis
    U.S. Securities and Exchange Commission
    2009–2011
  • Visiting Scholar
    Division of Economic and Risk Analysis
    U.S. Securities and Exchange Commission
    2007–2009
  • Assistant Professor of Finance
    Rawls College of Business
    Texas Tech University
    2004–2009
  • Electrical Engineer
    Semiconductor Product Sector (now Freescale)
    Motorola
    1992–1998
  • Cindy Alexander, Scott Bauguess, Gennaro Bernile, Yoon-Ho Alex Lee, and Jennifer Marietta-Westberg, 2013, Economic Effects of SOX Section 404 Compliance: A Corporate Insider Perspective, Journal of Accounting and Economics, 56: 267-290.
  • Scott Bauguess, Vladimir Ivanov, 2012, Capital Raising in the U.S.: The Significance of Unregistered Offerings Using the Regulation D Exemption, 2012, SSRN Electronic Journal
  • Scott Bauguess, Marie Sushka and Myron Slovin, 2012, Recapitalization as a Restructuring Mechanism at Closely Held Firms, Journal of Banking and Finance 36, 1244-1253.
  • Ralph Walkling, Scott Bauguess, Jim Dunigan, Damien Park, Patrick McGurn, and Don Chew, 2010, Risk Management, Corporate Governance, and the Search for Long-term Investors, Journal of Applied Corporate Finance 22, 58-74.
  • Scott Bauguess, Sara Moeller, Frederik Schlingemann, and Chad Zutter, 2009, Ownership Structure and Target Returns, Journal of Corporate Finance 15, 48-65.
  • Scott Bauguess and Mike Stegemoller, 2008, Protective Governance Structure and the Value of Acquisition Activity, Journal of Corporate Finance 14, 550-566.
  • Scott Bauguess, Jack Cooney, and Kathleen Weis Hanley, Investor Demand for Information in Newly Issued Securities.
  • Gennaro Bernile and Scott Bauguess, Do Merger Related Synergies Exist?
  • Scott Bauguess, Liquidity, Ownership, and the Monitoring Life Cycle of the Firm.


SPEAKING ENGAGEMENTS

  • Keynote Speaker, 2017 Conference on Exchange Traded Funds – Stability and Growth, Central Bank of Ireland
  • Panelist, 2017 Sandpiper Partners event, "Information Governance, Privacy, Cyber Security and Data Analytics Briefing"
  • Keynote Speaker, 2017 OpRisk North America, "The Role of Big Data, Machine Learning and AI in Assessing Risks: A Regulatory Perspective"
  • Keynote Speaker, 2017 Buy-Side Risk USA, "Market Fragility and Interconnectedness in the Asset Management Industry"
  • Keynote Speaker, 2016 American Accounting Association Midwest Region, "Has Big Data Made Us Lazy?"
  • Keynote Speaker, 2016 Buy-Side Risk USA, “IA-BD Risk Assessment at the SEC”
  • Panelist, 2016 Data Coalition's Financial Data Summit, "Data Users Panel"
  • Panelist, 2016 Society for Benefit-Cost Analysis, "Recent examples of benefit-cost analysis in consumer financial regulation"
  • Talk, 2016 SEC Advisory Committee on Small and Emerging Companies, “Private Securities Offerings post-JOBS Act”
  • Keynote Speaker, 2015 NRS Annual Spring Investment Adviser and Broker-Dealer Compliance Conference
  • Keynote Speaker, 2015 OpRisk North America, “Market Risk Assessment”
  • Keynote Speaker, 2015 SIFMA Compliance and Legal Society Annual Seminar, "SEC Analytics Program: Embracing the New Regulatory Framework - What the Industry Needs to Know"
  • Panelist, 2015 Sandpiper Partners event, "DC: Information and Cyber Governance, Data Analytics and Privacy Briefing"
  • Panelist, 2015 Data Transparency Coalition
  • Talk, 2014 Department of Treasury Town Hall on Data Transparency, “The SEC’s Use of XBRL”
  • Talk, 2013 Director's Roundtable, Regulatory and Compliance Summit
  • Panelist, 2013 Sandpiper Partners event, “SEC and DOJ Hot Topics”


CONFERENCE ACTIVITIES

  • Panelist, 2017 Government Enforcement Institute, University of Texas School of Law, "Data Analytics and What Your Company's Numbers are Telling the Government"
  • Panelist, 2017 Harvard Roundtable on Shareholder Engagement
  • Panelist, 2017 AICPA and SIFMA NMS National Conference on the Securities Industry, "Artificial Intelligence and Machine Learning"
  • Panelist, 2017 SIFMA Compliance and Legal Society Annual Seminar, "Regulators' Use of Data Analytics"
  • Panelist, 2016 Harvard Roundtable on Corporate Governance
  • Panelist, 2016 AICPA National Conference on Current SEC and PCAOB Developments, "Data Analytics"
  • Panelist, 2016 CARE Conference, University of Notre Dame, "Models for Predicting/Detecting Fraud"
  • Panelist, 2016 SIFMA Compliance and Legal Society Annual Seminar, "The Rise of Big Data and Data Analytics"
  • Panelist, 2015 ABA Annual Securities Fraud Conference, “Automated Detection in Securities Enforcement”
  • Talk, 2015 "The Hope and Limitations of Machine Learning in Market Risk Assessment", Columbia University
  • Lead Discussant, 2015 Milken Institute: Roundtable on Systemic Risk and Macroeconomic Policy in the US
  • Discussant, 2015 Harvard University Roundtable on Shareholder Engagement
  • Paper Presentation, 2014 Society for Benefit-Cost Analysis
  • Panelist, 2014 SEC Speaks
  • Panelist, 2014 FMA Conference, "SEC Hot Topics"
  • Paper Presentation (by co-author), 2014 AFA Conference
  • Panelist, 2013 SEC Speaks
  • Panelist, 2012 FMA Conference
  • Discussant, 2012 Conference on “Markets and Ownership: Rethinking the SEC's Beneficial Ownership Rules”, Columbia University
  • Panelist, 2012 SEC Speaks
  • Panelist, 2011 FMA Conference
  • Talk, 2011 SOX Internal Controls Update Conference
  • Panelist, 2011 Midwest Finance Association Conference, “Systemic Risk and the Dodd-Frank Act”
  • Panelist, 2010 NYU Stern Volatility Institute, “Systemic Risk Issues Presented by Clearing Swaps”
  • Paper presentation, 2010 MARC Conference
  • Panelist, 2010 Director's Dialogue, Center for Corporate Governance
  • Paper presentation, 2009 FIRS Conference
  • Discussant, 2009 MARC Conference
  • Panelist, 2008 FMA Conference
  • Discussant, 2008 Lonestar Conference
  • Paper presentation, 2007 Lonestar Conference
  • Discussant, 2006 Lonestar Conference

UNIVERSITY PRESENTATIONS

  • University of Portland, 2011
  • American University, 2008
  • Temple University, 2008
  • University of Utah, 2007

Previous SEC Positions: