Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance

Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance

Author(s): Viral V. Acharya, Thomas F. Cooley, Matthew Richardson, Ingo Walter

Published Online: 29 NOV 2011 09:27AM EST

Print ISBN: 9780470768778

Online ISBN: 9781118258231

DOI: 10.1002/9781118258231

About this Book

Experts from NYU Stern School of Business analyze new financial regulations and what they mean for the economy

The NYU Stern School of Business is one of the top business schools in the world thanks to the leading academics, researchers, and provocative thinkers who call it home. In Regulating Wall Street: The New Architecture of Global Finance, an impressive group of the Stern school's top authorities on finance combine their expertise in capital markets, risk management, banking, and derivatives to assess the strengths and weaknesses of new regulations in response to the recent global financial crisis.

  • Summarizes key issues that regulatory reform should address
  • Evaluates the key components of regulatory reform
  • Provides analysis of how the reforms will affect financial firms and markets, as well as the real economy

The U.S. Congress is on track to complete the most significant changes in financial regulation since the 1930s. Regulating Wall Street: The New Architecture of Global Finance discusses the impact these news laws will have on the U.S. and global financial architecture.

Table of contents

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  1. Part I: Financial Architecture

    1. Chapter 2

      The Power of Central Banks and the Future of the Federal Reserve System (pages 51–71)

      Thomas Cooley, Kermit Schoenholtz, George David Smith, Richard Sylla and Paul Wachtel

    2. Chapter 3

      Consumer Finance Protection (pages 73–84)

      Thomas Cooley, Xavier Gabaix, Samuel Lee, Thomas Mertens, Vicki Morwitz, Shelle Santana, Anjolein Schmeits, Stijn Van Nieuwerburgh and Robert Whitelaw

  2. Part II: Systemic Risk

    1. Chapter 4

      Measuring Systemic Risk (pages 85–119)

      Viral V. Acharya, Christian Brownlees, Robert Engle, Farhang Farazmand and Matthew Richardson

    2. Chapter 5

      Taxing Systemic Risk (pages 121–142)

      Viral V. Acharya, Lasse Pedersen, Thomas Philippon and Matthew Richardson

    3. Chapter 8

      Resolution Authority (pages 213–240)

      Viral V. Acharya, Barry Adler, Matthew Richardson and Nouriel Roubini

    4. Chapter 9

      Systemic Risk and the Regulation of Insurance Companies (pages 241–301)

      Viral V. Acharya, John Biggs, Hanh Le, Matthew Richardson and Stephen Ryan

  3. Part III: Shadow Banking

    1. Chapter 13

      Regulating OTC Derivatives (pages 367–425)

      Viral V. Acharya, Or Shachar and Marti Subrahmanyam

  4. Part IV: Credit Markets

    1. Chapter 14

      The Government-Sponsored Enterprises (pages 427–442)

      Viral V. Acharya, T. Sabri Öncü, Matthew Richardson, Stijn Van Nieuwerburgh and Lawrence J. White

    2. Chapter 15

      Regulation of Rating Agencies (pages 443–467)

      Edward I. Altman, T. Sabri Öncü, Matthew Richardson, Anjolein Schmeits and Lawrence J. White

    3. Chapter 16

      Securitization Reform (pages 469–489)

      Matthew Richardson, Joshua Ronen and Marti Subrahmanyam

  5. Part V: Corporate Control

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