Regulation of Financial Institutions
Course Information
- Course Number
- L6391
- Curriculum Level
- Upperclass
- Areas of Study
- Administrative Law and Public Policy, Corporate Law, Business, and Finance
- Type
- Lecture
Section 001 Information
Instructor
Kathryn Judge
Harvey J. Goldschmid Professor of Law; Vice Dean for Intellectual Life
Section Description
This course provides a broad introduction to the regulation of financial institutions in the United States. The course addresses the history of the banking industry in the United States, the basic rationales for regulating banks, the restrictions imposed upon banks and other financial institutions, the causes and consequences of bank failures, and the rise of the shadow banking system. The course pays significant attention to the causes of the 2007-2009 financial crisis and the reforms adopted in its wake. The course pays particular attention to the Basel III Accords, the changes required by The Dodd-Frank Wall Street Reform and Consumer Protection Act, and subsequent legislation that may be adopted or under consideration.
- School Year & Semester
- Spring 2020
- Location
- JGH 107
- Schedule
-
Class meets on
- Tuesday
- Thursday
- Points
- 3
- Method of Evaluation
- Exam
- J.D Writing Credit?
- No
Learning Outcomes
- Primary
-
- Students will gain a basic understanding of the theory of financial intemediation and the role of banks and bank-substitutes in performing that function.
- Students will gain general familiarity with the US regulation of banks, including the historical and political economy forces that have shaped regulation.
- Students will become familiar with certain aspects of the Dodd-Frank regulatory reform regime, especially those tied to the control of systemic risk.
Course Limitations
- Instructor Pre-requisites
- None
- Instructor Co-Requisites
- None
- Recommended Courses
- None
- Other Limitations
- None