Following the Money: Financial Watchdogs, Crime, and Innovation in a Hyper-connected World

2 Credits.

In the global financial system, billions of dollars flow across borders in fractions of a second, social media fuels bank runs, and anyone can easily trade everything from stocks to crypto tokens on their smartphones. Innovations are testing the mettle of watchdogs and making it crucial that people understand markets and their rules. This course will delve into some of the hot-button policy issues in financial regulation, including how newer technologies like artificial intelligence and blockchain fit into decades-old regulations, the impact of anti-money laundering rules on Latin American banks, and how China and the US are dealing with differing expectations for disclosure to investors. The course will be taught through lecture and feature fulsome class discussion of real-world events, as well as guest speakers.