LAW-2544 Banking Law
This course provides an overview of the banking system, including the role of banks in the economic system, the role of the central bank, the facilitation of commerce generally, and U.S. banking history. It will also explore the ongoing and extensive reform of bank regulation effected by the Dodd-Frank Act in response to the financial crisis of 2007-2008. Topics that will be covered include permissible activities of banks and bank holding companies; the role of the FDIC, the Federal Reserve Board, the Comptroller of Currency and the Consumer Financial Protection Bureau; consumer protection; systemic risk; and "too big to fail".