Tagged: financial regulation

New Basel III rules decided

The Basel Committee on Banking Supervision announced new rules in hopes of making the global banking industry safer. Will the new rules work? LAW professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and former counsel to the Fed Board of Governors, gives his view on the impact of the new […]

Obama pushes for derivatives reform

President Obama says he wants more regulatory control over the trading of derivatives, the financial products that helped crash the economy, and says the Democrats’ efforts to re-regulate Wall Street will not lead to another taxpayer bailout.  Former Federal Reserve Bank examiner Mark Williams, who teaches finance at the BU School of Management and is […]

Regulating Wall Street

Word is leaking about about the Obama administration’s plan to regulate Wall Street, to be announced Wednesday.  School of Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and a former Federal Reserve lawyer, can discuss the likely impact of the proposed changes. Contact Cornelius Hurley, 617-353-5427, ckhurley@bu.edu

Pequot Capital Management hedge fund closes

Under the shadow of an insider-trading probe, pioneering hedge fund Pequot Capital Management is shutting down forever.  School of Law Professor Tamar Frankel, an authority on securities law and legal ethics, says this is another lesson in why hedge funds should not be exempt from regulation. Contact Tamar Frankel, 617-353-3773, tfrankel@bu.edu

Possible new consumer watchdog agency

Reports say the Obama administration is considering creating a new regulatory agency to protect consumers of a wide variety of financial products ranging from mortgages to hedge funds.  School of Law Professor Cornelius Hurley, a proponent of regulatory streamlining who directs the Morin Center for Banking and Financial Law, can comment on the implications.  Meantime, […]

Geithner calls for major overhaul of financial rules

Boston University Law School professors react to Treasury Secretary Geithner’s wide-ranging plan to overhaul financial regulation. Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and former counsel to the Fed Board of Governors: “Secretary Geithner has kicked off the debate over regulatory reform starting with systemic risk.  Regrettably, the proposals […]