Jim Foorman : Courses and Seminars
Evolving Regulation of Financial Institutions and Markets
In this seminar we will consider the recent financial crisis that led to the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010. The Act mandates broad changes to the regulation of financial institutions in the U.S. and requires numerous regulatory agencies to promulgate hundreds of new regulations. The seminar will concentrate on certain areas addressed by the Act and the ensuing rule-making process, which is still underway—paying particular attention to the causes of the crisis and its impact on the financial system. Our goal will be to critically assess whether these measures are likely to promote the stated objectives of the legislators, as well as the merits and feasibility of those objectives. For 2 credits, two short (10-12 pg.) papers; for 3 credits, one short and one long (approximately 20 pg.) papers. Each student also must make a class presentation on one of the paper topics.