KEYWORDS: banks, Canada, cash flow, China, dark pools, Department of the Treasury, Dodd-Frank Act, ETF, EU, European Central Bank, European Union, execution cost, FDIC, Federal Reserve Board, Hedge Fund Regulation, High-Frequency Trading, Liquidity, market making, non-bank financial company, portfolio diversification, price discovery, prime broker, regulatory requirements, Short Selling, United Kingdom, United States Congress, Vickers, Volcker Rule
Priyank Gandhi and Patrick C. Kiefer; Michael Aitken, Douglas Cumming, and Feng Zhan; Leslie Boni, David C. Brown, and J. Chris Leach; Massimo Massa, Bohui Zhang, and Hong Zhang
Center for the Study of Financial Regulation, Mendoza School of Business, University of Notre Dame
The Center for the Study of Financial Regulation at the University of Notre Dame has, as its mission, to promote sound economic analysis of current and proposed financial regulation. Poorly conceived financial regulations can impose large costs on the economy and may harm the America’s leadership in the financial industry by driving financial transactions offshore. We believe that more independent economic analysis of financial regulation is needed.