The Past and Future of Our Financial Regulation

3 units

This seminar will review the history of financial regulation beginning with the formation of the country to the 2007-2008 financial debacle. Particular emphasis will be given to the extent to which the 2010 Dodd-Frank Act addressed the financial crisis of 2007-2009. The course will also explore the following two critical events that occurred in the decade after the enactment of Dodd-Frank: 1) the rise of digital assets including cryptocurrency portending a rival currency and financial system; and 2) the rapidly accelerating national debt that owes in part to the coronavirus. Students will be required to write a paper on a topic related to our financial system and its financial regulation. Grades will be based on the final paper, oral presentation, and class participation.