Cornelius K. Hurley

Lecturer

BA, Holy Cross College
JD, Georgetown University
PMD, Harvard University

Areas of Interest
Banking & Financial Instruments
Contact
Biography

Cornelius Hurley has over 35 years of diversified legal, entrepreneurial, and academic experience in the financial sector. His teaching and research interests focus upon the interactions between finance and the real economy. He serves an independent director of Computershare Trust Company, N.A., an element of one of the global leaders in the transfer agent business, and of the Federal Home Loan Bank of Boston, one of the three so-called “GSEs.”

Hurley established the Boston office of The Secura Group, Washington, DC a national financial services consulting firm of which he was a partner. Formerly, he was general counsel of Shawmut Corporation, a regional bank holding company. As assistant general counsel of the Board of Governors of the Federal Reserve System, he was responsible for the Fed’s role in regulating international banking activities. Prof. Hurley also serves as reporter to the American Bar Association’s Task Force on Financial Markets Regulatory Reform.

Hurley was appointed by Boston University’s provost to serve as the first director of the University’s Center for Finance, Law & Policy. The Center is an interdisciplinary initiative drawing upon the deep and varied academic talent of the University to focus upon finance and financial policy issues. He was the director for the Morin Center for Banking and Financial Law and the Graduate Program in Banking and Financial Law from 2005 to 2011.

He is the author of numerous articles and commentaries that have appeared in The Wall Street Journal, The New York Times, Financial Times, American Banker, The Boston Globe and other publications. During the current economic crisis, he has provided ongoing analysis on national and local television and radio outlets.

Hurley teaches Lessons from the Financial Crisis.

Publications
  1. Cornelius Hurley & Rebecca Hicks Gallup, "The Federal Home Loan Bank System: A Vehicle for Job Creation and Job Retention," 30 Review of Banking and Financial Law 609 (2011).
    HeinOnline (BU) | HeinOnline
  2. Cornelius Hurley, review of David A. Skeel Jr., The New Financial Deal: Understanding the Dodd-Frank Act and Its (Unintended) Consequences, John Wiley & Sons, Inc. (2011), 30:5 American Bankruptcy Institute Journal 40 (2011).
  3. Cornelius Hurley, "Too Safe to Fail: Requiring Big Banks to Build Cash Reserves Can Prevent Future Failures," Washington Times Opinion (March 3, 2011).
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  4. Cornelius Hurley, "Paying the Price for Too Big to Fail," 4 Entrepreneurial Business Law Journal (2009).
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  5. Cornelius Hurley, "Commentary: Getting It Right the Next Time on 'Too Big to Fail’," Reuters.com (2008).
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  6. Cornelius Hurley, "We Have Equity; Now Give Us Oversight," American Banker 10 (Oct. 24, 2008).
  7. Cornelius Hurley & John A. Beccia III, The Compliance Function in Diversified Financial Institutions: Harmonizing the Regulatory Environment for Financial Services Firms, BU Law, Morin Center (Jul. 2007).
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