Curriculum Guide · Courses

Professor JonMarc Buffa

LL.M Course 2044 (cross-listed) | 2 credit hours

The course will cover all major titles of the Wall Street Reform and Consumer Protection Act of 2010, the implementation of over 300 required rulemakings across the federal financial market spectrum that are intended to increase transparency in US financial markets, reduce systemic risks, increase the safety and soundness of the US financial system, and provide new protections for consumers and market participants. The course will cover sweeping new changes to regulation of over-the-counter derivatives markets, changes to federal banking laws (including systemic risk regulations, new capital and margin requirements, resolution authorities and the Volcker Rule), on-exchange securities and derivatives market reform, corporate control reform provisions, and new consumer protection rules. We will compare financial market reforms efforts in the US with the timeline for similar reforms globally, and discuss ramifications of varied implementation dates. We will review all major proposed and final regulations, and discuss effects to the US economy.