Garabedian
Regulation of United States Financial Institutions
This course will review the laws, regulations and policies governing the United States
banking system. The course will cover (1) the history of banking in the United States, (2) the
various types of financial institution charters and their powers, (3) the function of the federal
banking agencies, (4) the bank chartering process, (5) the regulation of banks and the dual
banking system, (6) the regulation of holding companies, (7) the bank agencies administrative
process, (8) bank mergers and acquisitions, (9) bank examinations and the enforcement process,
(10) the separation of banking and commerce and the erosion thereof, (11) major banking
legislation over the past 30 years, (12) banking alternatives, (13) the financial crisis and the
response thereto and (14) the future of banking.
Course Goals
.To provide the student with a solid foundation of domestic banking law and the
administration of the banking laws by the federal banking agencies to enable the student
to acquire lawyering and advocacy skills for dealing with banking issues and interacting
with banking clients and the banking agencies in their future practice.
.To gain an understanding of the causes of the financial crisis and what measures can be taken
to avert the next crisis.