my colleague megan hughes is going to moderate this. she is a fellow correspondent at bloomberg television. ken feinberg, the managing partner of feinberg rosen, also the special master for the treasury department, you know his responsibilities as well for the 9/11 fund and also for bp so thanks to kenneth feinberg. harvey pitt, former chairman of the securities and exchange commission, the ceo here in washington, and we are also pleased to have jill summers a commissioner with the commodity futures trading commission leading the commission's investigation into mf global among other things. megan. >> thank you so much, peter. thanks for being here. so our panel is the future of banking. we have a diverse panel. we're going to hit on a lot of topics. i want to start out by getting all of your takes on that very question, what are banks going to look like five or ten years from now? we've got so many unknowns with dodd frank, so many rules yet to be written. where do you see this going? jill, i'll start with you. >> so from the cftc's per

my colleague megan hughes is going to moderate this discussion.we are joined by the founder and managing partner. you know his responsibilities as well for the 9/11 fund. our thanks to ken. he is the ceo here in washington and we are also pleased to have the commissioner with the trading commission who has been leading the investigation into amex global among other things. -- mf global among other things. >> obviously we have a diverse panel. i want to start by getting all of your takes on that question, what our banks going to look like five or 10 years from now? we have so many unknowns. we have so many rules yet to be written. where do see this going? >> we have issued over 60 proposals regarding title seven implementation. we have finalized 30 of those rules and many of those rules are complex and complicated than they do not just affect banks. they affect a lot of companies that trade in commodities and energy. from our perspective, this is much more comprehensive and that changes that will happen to the derivatives that we regulate is much m