Law Experts On Obama's Plans For Financial Regulation And Supervision
Wednesday, June 17, 2009
DURHAM, N.C. -- President Obama is scheduled to announce plans Wednesday to overhaul the financial regulatory system in an attempt to decrease the kinds of risks seen as contributing to recent economic turmoil. The new regulatory framework will include increased oversight of institutions large enough to pose a threat to the economy, as well as changes in the makeup and oversight capacity of existing agencies.
The following Duke University legal experts are available to comment on this news:
James Cox, (919) 613-7056 or JDC@law.duke.edu.
A leading expert on securities law and corporate governance, Cox is the Brainerd Currie Professor of Law at Duke. He has published extensively in the areas of market regulation and corporate governance and has testified before the U.S. House and Senate on insider trading, class actions and market reform issues.
Lawrence Baxter, (919) 613-8540, (919) 413-4908 or Baxter@law.duke.edu.
A visiting professor of the practice of law, Baxter has held senior positions at Wachovia Bank and Wachovia Corp. He focuses his research on the evolving regulatory environment for financial services and beyond. He has consulted with federal government agencies and developed processes relating to financial institution supervision, enforcement and seizure that were implemented at the congressional and regulatory level. He writes about regulation, financial services and technology.
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