Following the financial crisis, much attention has been paid to the stability and structure of the financial services industry. Thomas Hoenig has been outspoken and provocative in his view regarding how restructuring the industry will improve financial stability, reduce barriers to entry, and increase industry competitiveness. The FDIC has recently been given added responsibility for resolving large, complex financial institutions. It is also a key participant on the Financial Stability Oversight Council. Director Hoenig will share his vision of the financial industry and the role of securities firms.