Digital Commons Network^™

The Effect Of The Dodd-Frank Act On Risk In The Financial Sector, Beatrix S. Haddon

Senior Honors Projects, 2010-2019

The Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as the Dodd-Frank Act, was passed in 2010 in an attempt to increase transparency and accountability in the financial system. The purpose of this thesis is to discover what effect, if any, the Dodd-Frank Act had on both systematic risk and total volatility in the financial sector. My study shows that while the legislation significantly reduced systematic risk in only one out of the seven industries within the financial sector in the time period I analyzed, it successfully reduced total volatility in all seven industries.

Monitor’S Report Regarding Compliance By Defendant Bank Of America, N.A. For The Measurement Periods Ended March 31, 2015 And June 30, 2015, United States Of America, Et Al. V. Bank Of America Corp., Et Al.

National Mortgage Settlements Digital Archive

No abstract provided.

Monitor’S Report Regarding Compliance By Defendant Citimortgage, Inc. For The Measurement Periods Ended March 31, 2015 And June 30, 2015, United States Of America, Et Al. V. Bank Of America Corp., Et Al.

National Mortgage Settlements Digital Archive

No abstract provided.

Monitor’S Report Regarding Compliance By Defendant J.P. Morgan Chase Bank, N.A. For The Measurement Periods Ended March 31, 2015 And June 30, 2015, United States Of America, Et Al. V. Bank Of America Corp., Et Al.

National Mortgage Settlements Digital Archive

No abstract provided.

Monitor’S Report Regarding Compliance By Defendants Wells Fargo & Company And Wells Fargo Bank, N.A. For The Measurement Periods Ended March 31, 2015 And June 30, 2015, United States Of America, Et Al. V. Bank Of America Corp., Et Al.

National Mortgage Settlements Digital Archive

No abstract provided.

Foreign Account Tax Compliance Act: The Most Revolutionary Piece Of Tax Legislation Since The Introduction Of The Income Tax, Alexander Szwakob

Honors Scholar Theses

With taxation of income being the most significant source of revenue, most national governments consider tax evasion prevention to be one of the priorities of their tax agencies. In the United States, tax evasion has been a significant concern of the Internal Revenue Service ever since the modern income tax was instituted with the passing of the Sixteenth Amendment in 1913. Over the following century, Congress enacted numerous measures aimed at curbing the illegal practice, but, as often is the case, both individuals and institutions desiring to not abide by the law found new ways to outsmart the tax authorities. …

Self-Regulation For The Mortgage Industry, M. Todd Henderson

University of Chicago Legal Forum

No abstract provided.

Making Sure "The Buck Stops Here": Barring Executives For Corporate Violations, Peter J. Henning

University of Chicago Legal Forum

No abstract provided.

White-Collar Crime And The Recession: Was The Chicken Or Egg First?, Ellen S. Podgor

University of Chicago Legal Forum

No abstract provided.

White-Collar Crime And Economic Recession, Anton R. Valukas

University of Chicago Legal Forum

No abstract provided.

The Federal Bank Fraud Statute: A Plain Interpretation, Joseph Callister

University of Chicago Legal Forum

No abstract provided.

Liberty, Patriarchy, And Feminism, Richard A. Epstein

University of Chicago Legal Forum

No abstract provided.

Solving The Drug Enforcement Dilemma: Lessons From Economics, Stephen J. Schulhofer

University of Chicago Legal Forum

No abstract provided.

Behind Enemy Phone Lines: Insider Trading, Parallel Enforcement, And Sharing The Fruits Of Wiretaps, Alexandra N. Mogul

Fordham Law Review

    Two key trends were present in the successful prosecution of Raj Rajaratnam and his coconspirators in one of the largest insider-trading conspiracies in history: the use of wiretaps to investigate and prosecute insider trading and a joint effort between the Department of Justice (DOJ) and the Securities & Exchange Commission (SEC) to conduct the investigation. Despite the close working relationship between the DOJ and the SEC, the DOJ never disclosed the fruits of the wiretaps to the SEC, presumably due to its belief that Title III of the Omnibus Crime Control and Safe Streets Act of 1968 (as amended, the …

The Question Of Slim | A Critical Look At Manhattan's Recent Trend Towards Slenderness, Raymond Sova

Architecture Senior Theses

Manhattan’s real estate market since the turn of the 20th century to present day can be characterized as an extreme optimization of the economical elements of architecture. Most of the buildings in Manhattan’s diverse and complex skyline share a tenacious desire to maximize the profitability and feasibility of a site while minimizing overall building expenditure. This concept is defined in Koolhaas’s ‘Delirious New York,’ as the relationship between “the Needle” and “the Globe.” Seemingly immeasurable wealth and investment have given rise to a new sub-typology of super-tall strikingly skinny (Slim) residential skyscrapers that may very well result in the demise …

The Fraud Under The Fair Value Exploratory Study, Hakeem Hammood Flayyih

Journal of Economics and Administrative Sciences

The research aim is to identify the concept of fair value and its measurement approaches, shed light on the concept of fraud and its forms, motives, as well as how to identify fraud under the fair value method. I have been using the program package SSPS statistical in the calculation of the research variables, and the research sample was a group of university professors and auditors working in the federal board of Supreme Audit. The researcher has reached some conclusions, the most important; the lack of conclusive evidence about management's intent in adopting the use of fair value raises several …

Personal Responsibility For Systemic Inequality, Martha T. Mccluskey

Contributions to Books

Published as Chapter 15 in Research Handbook on Political Economy and Law, Ugo Mattei & John D. Haskell, eds.

Equality has faded as a guiding ideal for legal theory and policy. An updated message of personal responsibility has helped rationalize economic policies fostering increased inequality and insecurity. In this revised message, economic “losers” should take personal responsibility not only for the harmful effects of their individual economic decisions, but also for the harmful effects of systemic failures beyond their individual control or action. In response to the 2008 financial crisis, this re-tooled message of personal responsibility promoted mass austerity in …

Expanding The Ponzi Scheme Presumption, Dave R. Hague

DePaul Law Review

No abstract provided.

Users' Perspective On The Relationship Between Internal Controls And Key Constructs, Santosh Mutnuru

Master's Theses and Doctoral Dissertations

This study sought to understand a user's perspective on the level of influence that internal controls had on the levels of trust, employee engagement, employee performance, and organization performance. The relationship between the level of implementation of internal controls with the level of trust that employees have for their employer, employee engagement, employee performance, and organization performance has not been adequately explored. The study was conducted on users who worked in organizations that implemented Committee of Sponsoring Organizations of the Treadway Commission (COSO) internal controls, and these organizations strictly maintain all of their information in digital format. About nine hundred …

November 16, 2015 Armstrong Faculty Senate Agenda, Armstrong State University

Armstrong Faculty Senate: Armstrong Faculty Senate Agenda (Archived)

November 16, 2015 Armstrong Faculty Senate Agenda

Faculty Senate Bill Fsb-2015-11-16-01: University Curriculum Committee, Armstrong State University

Armstrong Faculty Senate: Bills, Motions & Resolutions (Archived)

Faculty Senate Bill FSB-2015-11-16-01: University Curriculum Committee

The Role Of Cryptography In Security For Electronic Commerce, Ann Murphy, David Murphy

The ITB Journal

Many businesses and consumers are wary of conducting business over the Internet due to a perceived lack of security. Electronic business is subject to a variety of threats such as unauthorised access, misappropriation, alteration and destruction of both data and systems. This paper explores the major security concerns of businesses and users and describes the cryptographic techniques used to reduce such risks.

The United States Could Use A Therapist General, Barry Mauer

UCF Forum

Lately I have been imagining the creation of a new office in the executive branch: a Therapist General to advise the president and the nation about psychological problems affecting American citizens, groups and institutions. The person assuming this role could issue an annual report about the state of the nation’s mental health, investigate and report on the likely psychological costs and benefits of proposed laws, and issue recommendations for therapies to improve the nation’s psychological health.

Cross-Border Corruption Enforcement: A Case For Measured Coordination Among Multiple Enforcement Authorities, Jay Holtmeier

Fordham Law Review

    The steady increase in cooperation and information sharing among governments is a trend commonly noted in discussions of current anticorruption enforcement. There is no shortage of evidence to support this observation. In 2013 and 2014 alone, the Department of Justice (DOJ) and Securities and Exchange Commission (SEC) recognized the cooperation and assistance of foreign law enforcement authorities in at least twenty-three actions brought under the U.S. Foreign Corrupt Practices Act (FCPA or “the Act”). U.S. enforcement authorities—once the world’s primary anticorruption enforcers—increasingly can and do rely on the help of their international counterparts and are pursuing more investigations that run …

Monitor's Report Updating The Status Of The Potential Violations Of Metrics 19 And 29 By Ocwen Loan Servicing, Llc As Successor By Assignment From Defendants Residential Capital Llc, Gmac Mortgage Llc, And Ally Financial Inc., United States Of America, Et Al. V. Bank Of America Corp., Et Al.

National Mortgage Settlements Digital Archive

No abstract provided.

Extraterritorial Criminal Enforcement Of Securities Fraud Regulations After United States V. Vilar, Edgardo Rotman

University of Miami Law Review

In August 2013, the Court of Appeals for the Second Circuit in the case of United States v. Vilar denied extraterritorial application of the criminal law antifraud provisions contained in the Securities Exchange Act. The specific object of this paper is to criticize this decision and negate its premises.

After delving in depth into the notion of extraterritoriality, the paper offers a dynamic interpretation of the 1922 Supreme Court’s decision in United States v. Bowman, which is still the governing precedent on extraterritorial application of criminal laws. Furthermore, the paper criticizes the application of the 2010 Supreme Court’s decision …

Vulnerability And "Control Fraud" Economics, William K. Black

Faculty Works

"Control fraud" refers to frauds in which the person who controls a seemingly legitimate entity uses it as a "weapon" to defraud. Control frauds cause greater financial losses than all other forms of property crime - combined. We are now living in the era of recurrent epidemics of control fraud. The LIBOR and foreign exchange cartels, for example, are the largest cartels in history- by roughly three orders of magnitude. VW has just admitted that it committed over 11 million fraudulent sales. Our largest financial institutions have been revealed to be criminal enterprises - and recidivists.

This paper brings the …

Overcriminalization's New Harm Paradigm, Todd Haugh

Vanderbilt Law Review

The harms of overcriminalization are usually thought of in a particular way-that the proliferation of criminal laws leads to increasing and inconsistent criminal enforcement and adjudication. For example, an offender commits an unethical or illegal act and, because of the overwhelming depth and breadth of the criminal law, becomes subject to too much prosecutorial discretion and faces disparate enforcement or punishment. But there is an additional, possibly more pernicious, harm of overcriminalization. Drawing from the fields of criminology and behavioral ethics, this Article makes the case that overcriminalization actually increases the commission of criminal behavior itself, particularly by white collar …

The Chief And The Church: Reflections From A Business Educator, Annetta M. Gibson

Faculty Publications

In this article I distinguish between “Church” with “C” and “church” with small “c.” Recently, a committee composed of several Seventh-day Adventist church employees—some from the General Conference and some from academia—was reviewing various agenda items when the chair noted that the General Conference had hired an individual to serve as “CIO”—Chief Information Officer. Questions were immediately raised: Why is the Church using business titles such as “Chief Financial Officer”? Why the emphasis on “Chief”? Aren’t we becoming more like a business when we use business titles and terms?

Financial Preparation And Needs Of Older People, Ting Cao

Asia Pacific Institute of Ageing Studies Newsletter 亞太老年學研究通訊

When people enter the later phase of their lives, they are prone to have more uncertainties and face unique financial challenges in life. According to a report in 2014 from the Financial Consumer Agency of Canada (FCAC), there are roughly 10 money-related life events or changes in one’s later life, namely: 1. planning for retirement; 2. changing housing needs; 3. starting another career; 4. coping with illness or disability; 5. converting savings into ongoing income; 6. losing partner; 7. dealing with attempted fraud or financial abuse; 8. caring for spouse or other family members; 9. travelling, and 10. making estate …