This paper examines the economic effects of changes in securities regulation. We analyze two key directives in the European Union (EU) that tightened...
There is a growing literature about the question of who should regulate the regulators. This paper is interested in the question of how to regulate the...
An important question in banking is how strict supervision affects bank lending. Supervisors forcing banks to recognize losses could choke off lending...
This Article shows that a variety of fundamental rules of corporate law are based on a set of myths. The Article explains that these myths play an important...
We examine the market response to the disclosure of suspicious activity reports (SARs), made public as part of the FinCEN leak. We find a significant...