Regulation of Financial Instit

3 Credits · Level: Graduate, Undergraduate

This course is designed to provide students with an overview of the current financial regulatory landscape. Many students can list numerous contributing factors of the 2008 financial crisis, and most have heard of the Dodd-Frank Wall Street Reform and Consumer Protection Act. But what did the Dodd-Frank Act actually set out to accomplish? What regulations have U.S. financial regulators implemented to improve financial stability since its passage in 2010? Did those regulations achieve their objectives? Which regulatory pieces are still missing? The objective of this course is to explore these questions. Students will get up to speed on key post-crisis regulatory measures implemented in the United States and around the world. Then, acting as financial regulators, they will analyze the strengths and weaknesses of the current regulatory framework. Students will focus on the main macroprudential regulations, including the quantification of their costs and benefits.