This year long seminar will explore current issues in financial regulation. The focus will be on regulatory reforms since the Global Financial Crisis. Special attention will be given to the two new regulatory bodies created by the Dodd-Frank Act of 2010: The Financial Stability Oversight Council and the Consumer Financial Protection Bureau. During the Fall, we will read a number of recent academic papers of special interest. In the Spring, students will be expected to present and comment upon their own research paper. Students interested in undertaking more significant research projects can obtain permission to receive an additional credit.
Students without prior background in the field will usually find it helpful to have taken (or to take concurrently) at least one other course on financial regulation, corporate finance, or related subjects.
Space permitting, students who are interested in the subject matter of the seminar but do not wish to undertake a research project may sign up for the Fall meetings of the seminar as a one-credit reading group.
Note: The credit breakdown for this seminar is as follows: two total credits with one credit awarded in the fall and one credit awarded in the spring.