Tagged: regulation

FDIC seeks to rein in banker’s pay

Despite opposition from other banking agencies, the FDIC wants to penalize banks for compensation packages that are based on bankers taking too much risk.  Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, says it’s too bad the FDIC is unwilling to work with other U.S. and international regulators to find a […]

EU ends Microsoft antitrust case

After Microsoft agreed to market its rival’s browsers alongside its own Internet Explorer, the European Commission settled its last antitrust issues with the software giant.  Law Professor Keith Hylton says the deal makes sense to both Microsoft and the European regulators, but he sees a problem looming. “This settlement may encourage even more aggressive theories […]

Administration pushes for derivatives oversight

School of Law Professor Tamar Frankel, an authority on securities law, welcomes the Obama administration’s push for more regulatory oversight for the shadowy market of derivatives and can discuss why it’s important. “The administration’s new rules for derivatives are welcome. The fact that the people who believed in the market self-limitation are at the helm is […]

The Fed’s Future Role

Fed chairman Bernanke’s call for a broad reworking of how the government regulates the financial system was met with skepticism by finance Professor Mark T. Williams, a former Fed bank examiner, and law Professor Tamar Frankel, a securities law authority. Williams says Bernanke missed the point. “The Fed took its eye off the ball.  The […]