Five years on, Dodd-Frank bank rules still being written

Category: School of Law

Five years on, Dodd-Frank bank rules still being written

CNBC.com Cornelius Hurley, Center for Finance, Law & Policy, School of Law Dodd-Frank reforms help consumers, but repeal efforts seek to roll back new rules… Expert quote: “The whole law leaves the financial system vulnerable. The law was designed to eliminate bailouts and banks that are too big to fail, and it didn’t do that. […]

U.S. court: citizenship law’s gender differences unconstitutional

Reuters Kristin Collins, School of Law A U.S. law that treats mothers and fathers differently in determining whether their foreign-born children may claim U.S. citizenship is unconstitutional, a federal appeals court ruled on Wednesday, four years after the U.S. Supreme Court split 4-4 on the issue… Expert quote: “Statutes that actually on their face, by […]

Letters: Regulators have failed to improve audit quality

Financial Times (subscription required) By William Kring, Center for Finance, Law & Policy, School of Law Sir, While I was deeply concerned to read Harriet Agnew’s report of Deloitte’s more assertive push into investment banking territory (“Deloitte lures investment expert”, June 25), I was rather unsurprised… View full article by expert William Kring

High court rejects challenge to Obama health care law

Boston Globe (subscription required) Abigail Moncrieff, School of Law The Supreme Court handed President Obama a major political victory Thursday when it rejected a conservative bid to undermine a key element of the Affordable Care Act, saying critics seized on an “implausible’’ argument… Expert quote: “Maybe there will not be any more existential threats to […]

Kids Raised During ’08 Crisis Could Have a Fear of Credit

American Banker (subscription required) Cornelius Hurley, Center for Finance, Law & Policy, School of Law It should come as no surprise that clients of Young Americans Bank, which focuses on kids and college-aged adults, are afraid of credit. But the worry is that such wariness will follow them into adulthood… Expert quote: “They might be […]