Faculty Publications

Document Type


Publication Date

Spring 2010


Federal financial services reform may have started with a few core ideas in an attempt to prevent a recurrence of the Great Recession: providing investors and home buyers with more protections, preventing “too big to fail” institutions from posing systemic risk, adjusting bank capital requirements and regulations, and creating more transparency for credit default swaps. But these are inherently complex issues, and the interconnected nature of global financial markets does not easily translate into a simple legislative solution.