Financial Services Fundamentals

Financial Services Fundamentals is a course offered to provide necessary financial services information to students entering the Graduate Banking and Financial Law Program without employment experience in the financial services sector or a strong academic background in financial law. It is also available to American Law students with an interest in financial law.

The course consists of eight modules on particular financial services subjects that provide essential financial law background. The subjects addressed will include: (i) a brief US financial history and the major statutes, structures and legal developments (ii) understanding the financial crisis and the role of the Federal Reserve in addressing that crisis in the US, (iii) the function of US banking regulators and basic US administrative law, (iv) fundamental US corporate law principles and business structures, (v) financial statements and the concept of capital for financial institutions, (vi) how to read regulations, agency orders, interpretive letters, and other agency documents, (vii) basic US corporate tax principles, and (viii) the Securities and Exchange Commission and Commodities Futures Trading Commission as financial regulators.

All admitted American Law students may choose to take this preparatory course. For more information on Financial Services Fundamentals, click here.