Events

Bubbles undermine financial laws at the moment when they are most needed. Market booms not only encourage policymakers to relax financial rules, but also to stimulate markets through changes in the content, enforcement, and interpretation of legal rules. And dynamics of a bubble undermine the incentives of market participants to obey the law. In his new book, Law, Bubbles, and Financial Regulation (Routledge, 2014), Prof. Gerding examines the ways in which market booms and legal change interact to profoundly destabilize regulation and offers proposals for designing resilient and adaptive regulatory institutions on which sustainable financial reform depends. Presented by the Global Financial Markets Center. A light lunch will be served on a first-come, first-served basis. For more information, please contact Jean Jentilet at jean.jentilet@law.duke.edu.