If crises are often opportunities in disguise, lawyers involved in banking and financial law must be facing significant opportunities after surviving the greatest financial crisis in 75 years. Here at the Graduate Banking Program, we are in the business of recognizing those opportunities and making sure that our graduates are equipped to take advantage of them.
As the United States emerged from the 2008 financial crisis, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. This law has fundamentally changed the practice of financial services law in the and, insofar as U.S. persons and interests are involved, the rest of the world. More than four years later regulators are still writing the rules' interpretation and guidance to implement the various provisions of Dodd-Frank. Financial institutions are still at a very early stage in applying the newly written regulations. Even at this stage, however, it is clear that the comprehensive scope of the statute and the breadth and complexity of the regulations will create tremendous opportunities for financial services lawyers both in the U.S. and around the world for many years to come.
We invite you to consider further studies, and possibly a career, in financial services law. We believe that our students will have a unique opportunity to learn the changes in the financial services industry from practicing lawyers, who themselves are grappling with the same issues and struggling to apply the same regulations. This is a unique moment to gain expertise at the same time that the rest of the legal profession has its first brush with Dodd-Frank and its regulatory environment. We believe that it is an opportunity worth seizing.
The Graduate Program in Banking and Financial Law has been at the forefront of financial services law since 1984. It is the oldest LL.M. program of its kind in the United States and, since its inception, has trained more than 2,000 lawyers for leadership positions both in the United States and around the world. Our graduates hold influential positions in government agencies, law firms, corporations, financial institutions and non-governmental organizations around the world.
In this program, we seek to provide an education that is both relevant and practical. To do this, we have assembled a faculty of financial services professionals who are masters in their field and who have the passion, dedication and commitment to teach and train young lawyers. Our dynamic curriculum reflects and anticipates real world dvelopments.
Our co-curricular activitites provide our students with total immersion in the financial law area, through career discussions, lunchtime lectures, internships and activitites of the Boston University Center for Finance, Law & Policy, and the opportunity to write for the Review of Banking and Financial Law, the nation's oldest student-run law journal devoted to this subject.
Our doors are open to serious professionals who would like to spend their careers in the financial services area. We see opportunities in abundance for financial services lawyers. If you share our perspective and see opportunities where others see crisis, we invite you to join us in the Program. We can assure you that it will be an enlightening experience.