Expressive Law & Social Norms
In: Research Handbook in Law and Psychology (2023 Forthcoming)
503 Ergebnisse
Sortierung:
In: Research Handbook in Law and Psychology (2023 Forthcoming)
SSRN
In: Law and Social Inquiry, Forthcoming
SSRN
In: Iowa Law Review, Band 88, Heft 1
SSRN
In: IRLE-D-22-00270
SSRN
In: Penn State Law Review, Band 112, Heft 1
SSRN
SSRN
Working paper
SSRN
SSRN
In this Article, I propose an implementation of the Volcker Rule that balances the statutory mandate to promote the safety and soundness of U.S. banking organizations with the significant role that bank-affiliated dealers currently play as providers of liquidity in over-the-counter markets. The Volcker Rule restricts the proprietary trading activities of U.S. banks and their affiliates subject to exemptions for traditional banking activities and certain "client-oriented" activities. This Article draws upon the academic literature regarding expressive law, the history of federal banking legislation, and the text of the Dodd-Frank Act to argue that federal financial regulators have the discretion to implement the Rule's exemption for "market-making-related activities" to realize synergies with Dodd-Frank's initiatives in the regulation of over-the-counter markets. Specifically, I envision that the market making exemption could be implemented with a view to encouraging the provision of liquidity to competitive trading facilities. I further argue that such an implementation may well be essential to the vitality of the Volcker Rule, in light of the political forces aligned in favor of the Rule's repeal.
BASE
In: 60 American Journal of Comparative Law 555 (2012)
SSRN
In: Cleveland State Law Review, Band 61, Heft 3
SSRN
In: Immigration and Nationality Law Review (2016), Forthcoming
SSRN
Working paper
In: J. of Tort Law Vol. 10, Forthcoming
SSRN
In: Social philosophy & policy, Band 17, Heft 1, S. 87-109
ISSN: 1471-6437
In 1992, the city of Boulder, Colorado, passed an ordinance forbidding discrimination against homosexuals in employment and housing. Two years later, voters in the state of Colorado passed a constitutional amendment forbidding the passage of local ordinances prohibiting this form of discrimination. The constitutional amendment did not mandate discrimination against homosexuals; it merely nullified ordinances such as Boulder's. The amendment was later struck down by the U.S. Supreme Court as unconstitutional.