Law and Regulation of Financial Institutions

This course explores the law and regulation of financial institutions and financial markets in the United States.  Over the course of the semester, we will explore the history and evolution of the U.S. regulatory and supervisory architecture for financial services, and we will survey and study different segments of the financial system.  We will explore the regulatory framework for depository institutions; securities firms - i.e. brokers; trading venues; payment systems; the role of central banks as lender of last resort; mutual funds and other asset managers; shadow banking; the regulation of derivatives; and the role and regulation of emerging financial technologies within the financial system.  The course will offer students a solid understanding of U.S. financial regulatory framework and perimeter and will provide them with the foundations to engage in the debate on current policy issues such as climate finance, digital assets, and in general the future of finance.