LAW 9111

About this course

The economic crises of the last 100 years have resulted in a complex maze of laws, regulations and regulatory bodies. The course will examine, through the prism of economic crises, the enactment of landmark banking laws, from the Federal Reserve Ace of 1913 through the recent Dodd-Frank Act, and the creation of various regulatory bodies, including the Federal Reserve Board, the FDIC, and the Consumer Financial Protection Bureau. Students will gain an understanding of the emergence of the dual banking system, the landmark statutes that were enacted in response to the two great economic crises of the last 100 years, the different types of financial institutions permitted under US law, the roles of various regulatory bodies, and how to navigate the many regulatory frameworks.