Acharya / Cooley / Richardson Regulating Wall Street

The Dodd-Frank Act and the New Architecture of Global Finance
1. Auflage 2010
ISBN: 978-0-470-94984-9
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 592 Seiten, E-Book

Reihe: Wiley Finance Editions

Experts from NYU Stern School of Business analyze new financialregulations and what they mean for the economy
The NYU Stern School of Business is one of the top businessschools in the world thanks to the leading academics, researchers,and provocative thinkers who call it home. In Regulating WallStreet: The New Architecture of Global Finance, an impressivegroup of the Stern school's top authorities on financecombine their expertise in capital markets, risk management,banking, and derivatives to assess the strengths and weaknesses ofnew regulations in response to the recent global financialcrisis.
* Summarizes key issues that regulatory reform shouldaddress
* Evaluates the key components of regulatory reform
* Provides analysis of how the reforms will affect financialfirms and markets, as well as the real economy
The U.S. Congress is on track to complete the most significantchanges in financial regulation since the 1930s. Regulating WallStreet: The New Architecture of Global Finance discusses theimpact these news laws will have on the U.S. and global financialarchitecture.

Autoren/Hrsg.

Acharya, Viral

Cooley, Thomas F.

Richardson, Matthew P.

Walter, Ingo

Weitere Mitwirkende

Scholes, Myron

Inhaltsverzeichnis

Foreword.
Preface.
PROLOGUE: A BIRD'S-EYE VIEW.
The Dodd-Frank Wall Street Reform and Consumer Protection Act(Viral V. Acharya, Thomas Cooley, Matthew Richardson, RichardSylla, and Ingo Walter).
PART ONE: Financial Architecture.
CHAPTER 1: The Architecture of Financial Regulation (ThomasCooley and Ingo Walter).
CHAPTER 2: The Power of Central Banks and the Future of theFederal Reserve System (Thomas Cooley, Kermit Schoenholtz,George David Smith, Richard Sylla, and Paul Wachtel).
CHAPTER 3: Consumer Finance Protection (Thomas Cooley, XavierGabaix, Samuel Lee, Thomas Mertens, Vicki Morwitz, Shelle Santana,Anjolein Schmeits, Stijn Van Nieuwerburgh, and RobertWhitelaw).
PART TWO: Systemic Risk.
CHAPTER 4: Measuring Systemic Risk (Viral V. Acharya,Christian Brownlees, Robert Engle, Farhang Farazmand, and MatthewRichardson).
CHAPTER 5: Taxing Systemic Risk (Viral V. Acharya, LassePedersen, Thomas Philippon, and Matthew Richardson).
CHAPTER 6: Capital, Contingent Capital, and LiquidityRequirements (Viral V. Acharya, Nirupama Kulkarni, and MatthewRichardson).
CHAPTER 7: Large Banks and the Volcker Rule (MatthewRichardson, Roy C. Smith, and Ingo Walter).
CHAPTER 8: Resolution Authority (Viral V. Acharya, BarryAdler, Matthew Richardson, and Nouriel Roubini).
CHAPTER 9: Systemic Risk and the Regulation of InsuranceCompanies (Viral V. Acharya, John Biggs, Hanh Le, MatthewRichardson, and Stephen Ryan).
PART THREE: Shadow Banking.
CHAPTER 10: Money Market Funds: How to Avoid Breaking the Buck(Marcin Kacperczyk and Philipp Schnabl).
CHAPTER 11: The Repurchase Agreement (Repo) Market (Viral V.Acharya and T. Sabri Oncu).
CHAPTER 12: Hedge Funds, Mutual Funds, and ETFs (StephenBrown, Anthony Lynch, and Antti Petajisto).
CHAPTER 13: Regulating OTC Derivatives (Viral V. Acharya, OrShachar, and Marti Subrahmanyam0.
PART FOUR: Credit Markets.
CHAPTER 14: The Government-Sponsored Enterprises (Viral V.Acharya, T. Sabri Oncu, Matthew Richardson, Stijn Van Nieuwerburgh,and Lawrence J. White).
CHAPTER 15: Regulation of Rating Agencies (Edward I. Altman,T. Sabri Oncu, Matthew Richardson, Anjolein Schmeits, and LawrenceJ. White).
CHAPTER 16: Securitization Reform (Matthew Richardson, JoshuaRonen, and Marti Subrahmanyam).
PART FIVE: Corporate Control.
CHAPTER 17: Reforming Compensation and Corporate Governance(Jennifer Carpenter, Thomas Cooley, and Ingo Walter).
CHAPTER 18: Accounting and Financial Reform (Joshua Ronen andStephen Ryan).
Epilogue.
About the Authors.
About the Blog.
Index.

Über Autor(innen)

Viral V. Acharya is Professor of Finance at New YorkUniversity Stern School of Business.
Thomas F. Cooley is Dean Emeritus and the Paganelli-BullProfessor of Economics at New York University Stern School ofBusiness, as well as a Professor of Economics in the NYU Faculty ofArts and Science.
Matthew P. Richardson is the Charles E. Simon Professorof Applied Financial Economics at New York University Stern Schoolof Business.
Ingo Walter is the Seymour Milstein Professor of Finance,Corporate Governance and Ethics and Vice Dean of Faculty at NewYork University Stern School of Business.