Curriculum Guide · Courses
Financial Products in a New Regulatory Environment
Professor Diane Ambler
LL.M Seminar 769 (cross-listed) | 2 credit hours
The market turmoil of the past several years and public debate over its causes have highlighted inequities in the regulation of financial products. The regulation of products issued by banks, mutual fund complexes, insurance companies and others differ for historic reasons embedded in the Investment Company Act of 1940, other federal and state securities laws, federal and state banking laws, state insurance laws and the potential overlay of ERISA. This course takes a close look at the "unlevel" playing field in the regulation of financial products and considers the impact of the Dodd-Frank Act and continuing Congressional and regulatory proposals for structural solutions to market issues.
Mutually Excluded Course: Students may not receive credit for both this course and Financial Holding Companies.