Courses

    This is a two-hour lecture and discussion course covering federal regulation of modern-day financial services providers, particularly 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.