A rule of persons, not machines: the limits of legal automation
F Pasquale - Geo. Wash. L. Rev., 2019 - HeinOnline
For many legal futurists, attorneys' work is a prime target for automation. They view the legal
practice of most businesses as algorithmic: data (such as facts) are transformed into outputs …
practice of most businesses as algorithmic: data (such as facts) are transformed into outputs …
Systematic regulation of systemic risk
SL Schwarcz - Wis. L. REv., 2019 - HeinOnline
SYSTEMATIC REGULATION OF SYSTEMIC RISK Introduction ....................................................................
2 I. Re Page 1 SYSTEMATIC REGULATION OF SYSTEMIC RISK STEVEN L. SCHWARCZ* A …
2 I. Re Page 1 SYSTEMATIC REGULATION OF SYSTEMIC RISK STEVEN L. SCHWARCZ* A …
Extended Shareholder Liability for Systemically Important Financial Institutions
The default of a systemically important financial institution (SIFI) imposes significant negative
externalities. 1 Such a default inevitably propagates through the financial system with …
externalities. 1 Such a default inevitably propagates through the financial system with …
Law's Acceleration of Finance: Redefining the Problem of High-Frequency Trading
F Pasquale - Cardozo L. Rev., 2014 - HeinOnline
With the publication of Michael Lewis's book Flash Boys, the computerization of finance has
finally entered the limelight.'Lewis's bombshell book accused high technology traders (and …
finally entered the limelight.'Lewis's bombshell book accused high technology traders (and …
The Systemic Risk Paradox: Banks and Clearninghouses under Regulation
FB Chang - Colum. Bus. L. Rev., 2014 - HeinOnline
Systemic risk-the risk posed to the entire financial system by the collapse of one major
player'-has become a household term. The demise of a systemically significant investment …
player'-has become a household term. The demise of a systemically significant investment …
Too Big and Unable to Fail
SJ Lubben, AE Wilmarth Jr - Fla. L. Rev., 2017 - HeinOnline
Financial regulation after the Dodd-Frank Act has produced a blizzard of acronyms, many of
which revolve around the" too big to fail"(TBTF) problem. OLA, OLF, SPOE, and TLAC are …
which revolve around the" too big to fail"(TBTF) problem. OLA, OLF, SPOE, and TLAC are …
Dodd-Frank is a Pigouvian regulation
AM Levine, JC Macey - Yale LJ, 2017 - HeinOnline
Almost eight years after the passage of Dodd-Frank, financial institutions remain large,
complex, and interconnected. Academics and policymakers across the ideological spectrum …
complex, and interconnected. Academics and policymakers across the ideological spectrum …
Correlated default and financial intermediation
G Phelan - The Journal of Finance, 2017 - Wiley Online Library
Financial intermediation naturally arises when knowing how loan payoffs are correlated is
valuable for managing investments but lenders cannot easily observe that relationship. I …
valuable for managing investments but lenders cannot easily observe that relationship. I …
The Evolving Role of Economic Analysis in SEC Rulemaking
JT White - Ga. L. Rev., 2015 - HeinOnline
In economics literature, public policies are often compared to the benchmark of a benevolent
regulator-one that maximizes social welfare while balancing the interests of all affected …
regulator-one that maximizes social welfare while balancing the interests of all affected …
Reconceptualizing Lehman
SJ Lubben, SP Woo - Tex. Int'l LJ, 2014 - HeinOnline
Reconceptualizing Lehman Page 1 Reconceptualizing Lehman STEPHEN J. LUBBEN* &
SARAH PEI WOO** SUMMARY INTRODUCTION .................................................. ............ 297 I …
SARAH PEI WOO** SUMMARY INTRODUCTION .................................................. ............ 297 I …