June 19, 2018 INET Event:
"A Looming Financial Crisis?"
Professor Greenberger presents his recent paper on the 2013 CFTC rule footnote that created a loophole for large banks to avoid, at will, many of the provisions the Dodd-Frank regulation.
Ten years after the unregulated derivatives market helped trigger a global financial crisis, University of Maryland Law Professor Michael Greenberger discusses his new INET research on how American banks continue to systematically evade derivatives regulation, putting the global economy at risk. Discussing the paper with Professor Greenberger are Federal Reserve Chairman Paul Volcker, former FDIC Vice Chairman Thomas M. Hoenig, INET President Rob Johnson, and Better Markets President Dennis Kelleher.