David K. Musto is the Ronald O. Perelman Professor in Finance and faculty director of the Stevens Center for Innovation in Finance at the Wharton School, where he has been on the faculty since 1995. He also served as Senior Financial Economist at the Securities Exchange Commission from 2005 to 2007. He has a BA from Yale University and a PhD from the University of Chicago, and between college and graduate school he worked for Roll and Ross Asset Management in Culver City, CA. Most of his work, both theoretical and empirical, is in the area of consumer financial services, mutual funds and consumer credit in particular. He has also published work on corporate and political voting, option pricing, short selling, and cross-border taxation.