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Class Three -- Friday, September 12, 2014
In today’s class we will take up issues of regulatory structure. As an introduction to the subject, please read pages 1-79 of Government Accountability Office, Financial Regulatory Reform: Financial Crisis and Potential Impacts of the Dodd-Frank Act (Jan. 2013). In reviewing this document, pay particular attention to the organizational structure of financial regulation in the United States and how the Dodd-Frank Act altered that structure. Then take a quick look at State National Bank of Big Spring v. Lew 958 F. Supp. 2d 127 (D.D.C. 2013), which presents a legal challenge to key elements of the Dodd-Frank Act through the For additional perspectives on regulatory reforms since 2008, see James R. Barth et al., Misdiagnosis: Incomplete Cures of Financial Regulatory Failures (July 25, 2014).
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