BGP-264: Capital Market Regulation

Semester: Spring

Credit: 1.0

Syllabus: Click here for syllabus


Day Time Location
First Day 2/3
Meet Day W 5:00 PM - 7:00 PM HLS ASTHL ASTE


Examination of the structure, competitiveness and social utility of U.S. capital markets as the basis for considering the range of proposals for financial regulatory reform growing out of the recent world-wide financial crisis. Specific topics will likely include: mechanisms for controlling risk in financial institutions, particularly capital and liquidity requirements; the unique problem of systemic risk; dealing with illiquid and insolvent institutions, including resolution authority; optimal regulatory structure; reform of securitization; regulation of derivatives trading; consumer protection; the future of Fannie Mae and Freddie Mac; Money Markets Funds and the shadow Banking System; evaluating costs and benefits of alternative policies.   Classes will be primarily based on interactive discussion, but will also include lectures and regular guest speakers. Required written work will be a final take-home examination, to be distributed on April 27th and due on May 3rd.   The course assumes a basic understanding of finance and financial markets, but requires no prior professional or academic work in the field.


Also offered by the Law School as 2018. Please note, the first day of classes is February 3, with a make up class scheduled for February 5.

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