Association Meeting

  • Thursday, July 27, 2017
  • 11:30 AM - 1:00 PM
  • Vulcan Park - 1701 Valley View Dr, Birmingham, AL 35209


  • Association Member
  • Event Speaker
  • Visitor / Guest - First Time should only be used for the initial/first visit of a person to any Alabama AFP meeting
  • Visitor / Guest - Repeat is used for non-members who have attended one or more Alabama AFP meeting in the past

Registration is closed

Topic: Fed Balance Sheet Unwind Problem, the Dodd-Frank Act and Bank Stress Tests

Speaker: Rusty Yerkes, Assistant Professor of Finance, Samford University

Rusty Yerkes

Topic Description: Dr. Yerkes will discuss the challenges the Federal Reserve has in unwinding its $4.5 trillion balance sheet of mostly government debt it accumulated in the years after the 2008 financial crisis. This will be analyzed in light of the current political environment of rolling back Dodd-Frank Act reforms and announced changes to the bank stress tests.

Speaker Bio: 

Rusty Yerkes is an Assistant Professor of Finance at Samford University's Brock School of Business in the Department of Economics Finance and Quantitative Analysis.

Degrees and Certifications

  • University of Alabama, Ph.D., Finance
  • Auburn University at Montgomery, M.B.A., Finance
  • US Air Force Academy, B.S., Economics & Operations Research


  • Financial Markets & Institutions; Investments; Portfolio Management; Financial Planning; Corporate Financial Analysis; Financial Risk; Management/Derivatives; Treasury Management; Banking


  • "Municipal Disclosure Timeliness and the Cost of Debt." With Eli Sherrill. Forthcoming, The Financial Review.
  • "VC Contract Design: Development State, Bargaining Power and the Classification of Early-Cycle Companies." With D. Sonius and K. Westhues. Forthcoming: The Journal of Private Equity.
  • “How Do Municipal Bonds Behave without Tax-Exemption?” With Lauren Bates and Sara Helms McCarty. The Journal of Investing, 25 (4), Winter 2016, 1-13.
  • “The Effect of Call Options on Exit Strategies in Private Equity Shareholder Agreements.” With David Sonius and Uwe Kehrel. The Journal of Private Equity, 19 (1), Winter 2015, 41-52.
  • "Regulatory Trading Restrictions, Overvaluation and Insider Selling." The Journal of Trading, 7 (3), Summer 2012, 85-102.

Professional Certifications

  • Financial Risk Manager (FRM) 2015
  • Certified Treasury Professional (CTP) 2013
  • Certified Financial Planner (CFP) 2005
  • Chartered Financial Analyst (CFA) 2003