Consumer Protection and Financial Regulation

Lecture - 3 hours. This course examines efforts to ensure a “fair” financial marketplace. These efforts include focusing on the Dodd-Frank Act and its creation of the Consumer Financial Protection Bureau; disclosure requirements; prohibitions on unfair, deceptive, and abusive acts and practices; and other regimes enacted to protect consumers. Students will study salient contemporary markets for consumer credit, residential mortgages, and student lending. The course will also address how the concept of financial “fairness” has evolved and been influenced by social movements.

Final Assessment: Take-home exam
Grading Mode: Letter Grading
Graduation Requirements: Satisfies the Bias, Antiracism and Cultural-Competency requirement.