Curriculum Guide · Courses

Professors Andres Navarrete and Richard Whiting

J.D. Course 193 (cross-listed) | 2 credit hours

This is a two-hour lecture and discussion course covering federal regulation of modern-day financial services providers . It will address the recent crisis in financial services and possible legislative/regulatory changes. In particular, the course will focus on financial holding companies, bank and thrift holding companies, commercial banks and thrifts. Secondary attention will be paid to credit unions and state-chartered financial institutions. The course examines the role that different institutions play in the economy, the purposes of regulation and the approach of federal financial services regulators such as the Federal Reserve Board, Office of Comptroller of the Currency, Office of Thrift Supervision, and Federal Deposit Insurance Corporation. We also will discuss the involvement of the Securities Exchange Commission and Treasury Department in the regulation of these financial organizations. Additionally, we will study the chartering, regulation, supervision and product/geographic expansion of these institutions, with special emphasis on the banking, insurance and securities operations of these kinds of companies. Some attention also will be given to antitrust and international issues affecting these firms. Grades in this course are determined by the final examination.

Recommended: Prior or concurrent enrollment in: Administrative Law; Antitrust Law (or the equivalent Antitrust Economics and Law); Corporations.

Students may not receive credit for both this course and Banking and Financial Institutions Regulation or Federal Banking Regulation: Modern Financial Institutions and Change.