Download PDF James W. Giddens† I. Introduction “Will no one rid me of this turbulent priest!” lamented King Henry II, which to his purported surprise led four knights to murder Thomas Becket, the Archbishop of Canterbury. To the knights, the King’s wishes … [Read more...] about King Henry II and the Global Financial Crisis
U.S. Business Law
Download PDF William D. Roth* I. Introduction In May 2014, Securities Exchange Commission (SEC) Chair, Mary Jo White, announced that the SEC would pursue actions under Section 20(b) of the Securities Exchange Act of 1934, which broadly prohibits violating … [Read more...] about The Role of Section 20(b) in Securities Litigation
Download PDF John Crawford* and Tim Karpoff** A notably bitter battle over financial reform in the wake of the crisis of 2008 has centered on a mandate that federally insured depository institutions—i.e., banks—refrain from entering into certain derivatives contracts. … [Read more...] about The Swaps Pushout Rule: Much Ado About the Wrong Thing?
Download PDF Eric J. Chang† I. Introduction Disclosure has been the primary mechanism for federal credit regulation since the passage of the Truth in Lending Act (TILA) in 1968. By mandating lenders to disclose key terms, TILA attempts to empower … [Read more...] about www.PayDayLoans.gov: A Solution for Restoring Price-Competition to Short-Term Credit Loans
Download PDF Craig Stein & Paul N. Watterson, Jr.* One of the fundamental changes that the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) made in the financial markets has been to force most over-the-counter swap transactions onto … [Read more...] about New Margin Requirements for Uncleared Swaps