Download PDF Chester S. Spatt† It is a great pleasure to provide keynote remarks at this weekend’s conference on “Complexity and Change in Financial Regulation” at the Harvard Law School. In my comments tonight I will try to build from my experiences as a former Chief … [Read more...] about Complexity of Regulation
Systemically Important Financial Institutions
Dodd-Frank and the Future of Financial Regulation
Download PDF Edward F. Greene* I. Introduction Dodd-Frank[1] represents the most sweeping changes to the financial regulatory environment in the United States since the Great Depression. While its enactment was important, the Act is seriously flawed. It does not deal … [Read more...] about Dodd-Frank and the Future of Financial Regulation
Identifying and Managing Systemic Risk: An Assessment of Our Progress
Download PDF Steven L. Schwarcz* Although a chain of bank failures remains an important symbol of systemic risk, the ongoing trend towards disintermediation—or enabling companies to directly access the ultimate source of funds, the capital (i.e., financial) markets, without … [Read more...] about Identifying and Managing Systemic Risk: An Assessment of Our Progress
One Way That Dodd-Frank’s Liquidation Authority Could Achieve Parity With The Bankruptcy Code
Download PDF Harvey R. Miller & Maurice Horwitz* On October 19, 2010, the FDIC published a proposed rule governing the implementation of Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”).[1] Title II of Dodd-Frank creates an … [Read more...] about One Way That Dodd-Frank’s Liquidation Authority Could Achieve Parity With The Bankruptcy Code