Domestic Banking Regulation
This course explores the principles underlying bank regulation, the public policy considerations surrounding the regulation of banks and the relationship of this regulation to regulation of other financial and nonfinancial institutions, and the structural and legal options for safe, sound, effective and efficient bank regulation. The approach will be to re-examine bank regulation de novo in light of the huge changes that are being made and are likely still to be made to bank regulation in the wake of the financial crisis. Extensive reference will be made to product innovation, operations and process, and the dynamics of scale, in order to give students the context within which realistic policy has to be formulated. The course will examine key legislation, regulations and judicial decisions relating to the evolution of bank regulation in the United States.
A final exam will be required for course credit.
Please note that course organization and content may vary substantially from semester to semester and descriptions are not necessarily professor specific. Please contact the instructor directly if you have particular course-related questions.