Regulating Wall Street: the Dodd-Frank Act and the new architecture of global finance

Abstract

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, Richard Sylla, and Ingo Walter). PART ONE: Financial Architecture. CHAPTER 1: The Architecture of Financial Regulation (Thomas Cooley and Ingo Walter). CHAPTER 2: The Power of Central Banks and the Future of the Federal Reserve System (Thomas Cooley, Kermit Schoenholtz, George David Smith, Richard Sylla, and Paul Wachtel). CHAPTER 3: Consumer Finance Protection (Thomas Cooley, Xavier Gabaix, Samuel Lee, Thomas Mertens, Vicki Morwitz, Shelle Santana, Anjolein Schmeits, Stijn Van Nieuwerburgh, and Robert Whitelaw). PART TWO: Systemic Risk. CHAPTER 4: Measuring Systemic Risk (Viral V. Acharya, Christian Brownlees, Robert Engle, Farhang Farazmand, and Matthew Richardson). CHAPTER 5: Taxing Systemic Risk (Viral V. Acharya, Lasse Pedersen, Thomas Philippon, and Matthew Richardson). CHAPTER 6: Capital, Contingent Capital, and Liquidity Requirements (Viral V. Acharya, Nirupama Kulkarni, and Matthew Richardson). CHAPTER 7: Large Banks and the Volcker Rule (Matthew Richardson, Roy C. Smith, and Ingo Walter). CHAPTER 8: Resolution Authority (Viral V. Acharya, Barry Adler, Matthew Richardson, and Nouriel Roubini). CHAPTER 9: Systemic Risk and the Regulation of Insurance Companies (Viral V. Acharya, John Biggs, Hanh Le, Matthew Richardson, 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 (Stephen Brown, Anthony Lynch, and Antti Petajisto). CHAPTER 13: Regulating OTC Derivatives (Viral V. Acharya, Or Shachar, 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 Lawrence J. White). CHAPTER 16: Securitization Reform (Matthew Richardson, Joshua Ronen, 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 and Stephen Ryan). Epilogue. About the Authors. About the Blog. Index.