Regulation of Financial Institutions

  • Class number: 13192
  • Term: Fall 2009
  • Instructor:

Financial institutions (e.g. commercial and investment banks, pension plans, securities firms and mutual funds) are in the midst of a profound change driven in large part by an increasingly interdependent global economy, changing demographics, advances in information and communication technology and the evolving needs of commerce. The course provides a broad survey of the different regulatory structures for seemingly unrelated financial activities and the underlying policy justification for each approach. It will examine how the world’s rapidly changing economic environment facilitated the convergence and integration of financial institutions and changes in how these institutions are regulated. The course will also examine how the economic crisis which began in August 2007 came about and some of the major actions taken by the federal government to deal with the crisis. We will also look at major reform initiatives designed to prevent this type of crisis from occurring again. A financial background is helpful but not essential. Each student will write a substantial research paper. Banking regulation is not a prerequisite as was indicated in earlier descriptions of the course. 

Course Schedule

  • Date: Tuesday 09:30-12:30AM
  • Location: KT 205

Course Information

  • Catalog number-Section number: 7833-01
  • Course Type: Lecture
  • Prerequisites: None
  • Credits (min/max): 3/3
  • Notes: First class attendance is required for all students enrolled and all those on the waiting list hoping to enroll. Because this may mean a large number of students for the first class, class will meet in Starr 204 on Tuesday, September 1st.
  • Subjects:

Enrollment

  • Enrollment status: Closed
  • Current enrollment/capacity: 16/16
  • Reserve population/capacity: 0/0
  • Waitlist enrollment/capacity: 21/50

Grading

  • Grade basis: Student option
  • Satisifies Writing Requirement: No
  • Exam type: NO EXAM