Cornelius K. Hurley

Cornelius K. Hurley

Lecturer


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


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

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  • Cornelius K. Hurley, The New Financial Deal: Understanding the Dodd-Frank Act and Its (Unintended) Consequences 30 American Bankruptcy Institute Journal (2011) (book review)
    Scholarly Commons
  • Cornelius K. 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 (2011)
    Scholarly Commons
  • Cornelius K. Hurley, Paying the Price for Too Big to Fail 4 Ohio State Entrepreneurial Business Law Journal (2010)
    Scholarly Commons
  • Cornelius K. Hurley, We Have Equity; Now Give Us Oversight American Banker (2008)
    Scholarly Commons
  • Cornelius K. Hurley & John A. Beccia, The Compliance Function in Diversified Financial Institutions: Harmonizing the Regulatory Environment for Financial Services Firms (2007)
    Scholarly Commons

In the Media

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  • Boston Globe December 27, 2022

    FHLBanks Need to Be Reimagined

    Cornelius Hurley pens an opinion.
    read more

  • The Hill December 25, 2022

    It’s Not a Wonderful Bureaucracy

    Cornelius Hurley pens an opinion.
    read more

  • BizPac Review November 26, 2022

    Federal Home Loan Banks Are ‘Homewashing’ Right Under Our Noses, Says Former FHLB Independent Director

    Cornelius Hurley's writing is referenced.
    read more

  • The Hill November 25, 2022

    The Great American ‘Homewashing’ Is Happening under Our Noses

    Cornelius Hurley pens an opinion.
    read more

  • American Banker October 10, 2022

    Big Banks, Nonbanks Largely Absent from FHFA’s Home Loan Bank Inquiry

    Cornelius Hurley is quoted.
    read more

  • The Hill September 19, 2022

    Is Federal Home Loan Bank Reform a Sure Thing Or a Show?

    A piece authored by Cornelius Hurley.
    read more

  • The Hill September 13, 2022

    Federal Home Loan Banks Should Serve The Public, Not Themselves

    Cornelius Hurley co-authored a piece.
    read more

  • The Hill March 29, 2022

    Taxpayer Support For Federal Home Loan Banks Is No Longer Justified

    A piece authored by Cornelius Hurley.
    read more

  • Insurance Journal February 21, 2022

    Insurers Could Get Lower Rates on Liquidity with Bills in States

    Cornelius Hurley provides commentary.
    read more

  • The Bharat Express News February 1, 2022

    Insurers Could Get Lower Rates on Liquidity With Bills in Five States

    Cornelius K. Hurley pens an opinion.
    read more

  • American Banker June 11, 2021

    What it Means that Ex-Fed Officials are Leading OCC

    Cornelius K. Hurley is quoted.
    read more

  • American Banker March 12, 2021

    Fintech Trade Groups Merge, Recruit More Members

    Cornelius Hurley is quoted.
    read more

  • The Atlantic November 18, 2020

    McConnell’s First Act of Sabotage

    Cornelius Hurley is interviewed.
    read more

  • April 1, 2020

    Can Banks Help Rescue Country Without Undercutting Themselves?

    Cornelius Hurley quoted in <em>American Banker</em>.
    read more

  • April 1, 2019

    With lawyer as interim CEO, Wells Fargo looks to mend fences with regulators

    Cornelius Hurley is mentioned in <em>American Banker</em>.
    read more

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Stories from The Record

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Activities & Engagements

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Courses

Semester-in-Practice: Fieldwork (C): LAW JD 739

10 credits

THIS CLASS IS RESTRICTED to students who have received permission from the Clinical and Experiential Programs Office to enroll. This course is the fieldwork component of the Semester-in-Practice Program. Students spend a semester working full-time for credit in non-profits, government agencies, courts, private companies, or law firms. Placements may be paid or unpaid. Students may find their own placements that must be approved by the Clinical and Experiential Programs Office, or the Office has resources to help students identify and apply to suitable field placements based on their interests and career goals. NOTE: Students who enroll in the Semester-in-Practice Program may count the credits towards the 6 credit Experiential Learning requirement. COREQUISITE: Semester-in-Practice: Seminar (JD 740).

FALL 2022: LAW JD 739 A1 , Sep 6th to Dec 8th 2022
Days Start End Credits Instructors Bldg Room
ARR TBD TBD 10 Staff

Semester-in-Practice: Seminar: LAW JD 740

2 credits

THIS CLASS IS RESTRICTED to students who have received permission from the Clinical and Experiential Programs Office to enroll. This course is the seminar component of the Semester-in-Practice Program. Students will take the course online or on campus course (depending on the location of their placement). Topics covered in class will include legal ethics and professional responsibility, professional development, access to justice, cross-cultural lawyering, and the changing role of the legal professional. Students will have weekly readings and be expected to write weekly reflective memoranda. They will also give a presentation and prepare a final 10-12 page paper. NOTE: Students enrolled in this course may count the credits towards the 6 credit Experiential Learning requirement. COREQUISITE: Semester-in-Practice: Fieldwork (JD 739).

FALL 2022: LAW JD 740 A1 , Sep 6th to Dec 8th 2022
Days Start End Credits Instructors Bldg Room
Fri 11:30 am 1:30 pm 2 Kathleen Devlin Joyce