This book has been completely revised and updated, referencing Dodd-Frank and developments after Dodd-Frank. The financial crisis is extensively discussed, including excerpts from the Financial Crisis Inquiry Commission Final Report. The latest in capital requirements is also included. In addition, the book refers frequently to the June 2017 report from the Treasury responding to President Trump’s Executive Order of February 3, 2017, setting forth core principles to guide regulation of the U.S. financial system. The new edition of the book contains new sections on the structure of the banking industry (with updated charts and graphs), shadow banking, fintech, Madden v. Midland Funding, TILA-RESPA Integrated Disclosure Rule (TRID), Qualified Mortgages (QM) and Qualified Residential Mortgages (QRM), deposit advance products, alternative payment methods, the latest on bank capital, CFPB enforcement, updated comparative regulation (UK, Germany, Japan, and the EU), a consolidated section on anti-money laundering (AML), sanctions, and tax evasion (Foreign Account Tax Compliance Act, FATCA). The statutory supplement has also been updated and the statutory provisions are cross-referenced to Dodd-Frank sections which amend them.


Imprint: West Academic Publishing
Series: American Casebook Series
Publication Date: 11/20/2017
Related Subject(s): Regulated Industries

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This book has been completely revised and updated, referencing Dodd-Frank and developments after Dodd-Frank. The financial crisis is extensively discussed, including excerpts from the Financial Crisis Inquiry Commission Final Report. The latest in capital requirements is also included. In addition, the book refers frequently to the June 2017 report from the Treasury responding to President Trump’s Executive Order of February 3, 2017, setting forth core principles to guide regulation of the U.S. financial system. The casebook contains much new material, including:

Chapter 1 – The History of Banking Regulation

  • Excerpts from the Financial Crisis Inquiry Commission Report
  • Banking regulation under the Trump administration

Chapter 2 – Thrift and Credit Union Regulation
  • New material on mutual thrifts

Chapter 3 – The Business of Banking
  • Reorganization and updates
  • Updates on the FSOC’s SIFI designations
  • New charts and graphs on the structure of the U.S. financial system
  • Shadow banking

Chapter 4 – Bank Regulation Today
  • Excerpts from the Federal Financial Agencies’ Report to Congress on the activities and investments of bank entities
  • Fintech

Chapter 5 – Bank Assets
  • Revised sections on accounting for loan loss reserves and for fair value accounting
  • Reorganized and updated section on reducing lending risks through the secondary market and structured finance

Chapter 6 – Consumer Lending
  • Excerpt from the Madden v. Midland Funding case related to usury issues
  • New section on the CFPB
  • New section on the TILA-RESPA Integrated Disclosure Rule (TRID)
  • Revised discussion of subprime and predatory lending
  • New sections on qualified mortgages (QM) and qualified residential mortgages (QRM)
  • Added discussion of deposit advance products

Chapter 7 – Bank Liabilities and Capital
  • New discussion of Remote deposit capture
  • New section on Electronic transfers through the Automated Clearing House (ACH)
  • Added section on Alternative payment methods
  • Revised and updated section on bank capital

Chapter 8 – Supervision, Enforcement and Failed Bank Resolution
  • Added information on CFPB supervision, examination, and enforcement

Chapter 9 – Geographic Expansion, Mergers, and Antitrust
  • Updated section on antitrust review
  • Updated Dodd-Frank liability concentration limits

Chapter 10 – Trust and Other Activities
  • New case on custodial services

Chapter 11 – Capital Market Activities
  • Updates on merchant banking and proposed capital rules

Chapter 12 – Derivatives
  • Updates on trading losses, foreign currency conversions, and credit default swaps

Chapter 13 – Insurance
  • Update on National Association of Registered Agents and Brokers Reform Act of 2015
  • Excerpt from Financial Crisis Inquiry Commission Report
  • Update on Federal Insurance Office

Chapter 14 – International Banking
  • New excerpt related to U.S. bank foreign branch deposits
  • Comparative regulation changes in Japan, Germany, the UK, and the EU
  • Consolidated material on anti-money laundering (AML)
  • Added material on sanctions
  • New section on tax evasion and the Foreign Account Tax Compliance Act of 2010 (FATCA)

Learn more about this series.