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Most American financial crises of the postbellum gold-standard era were caused by fluctuations in the cotton harvest … the pre-1914 monetary regime. A poor cotton harvest depressed export revenues and reduced international demand for …-cycle downturn - conditions that bred financial crises. The crises caused by cotton harvests could have been prevented by an American …
Persistent link: https://www.econbiz.de/10013096468
Most American financial crises of the postbellum gold-standard era were caused by fluctuations in the cotton harvest … the pre-1914 monetary regime. A poor cotton harvest depressed export revenues and reduced international demand for …-cycle downturn - conditions that bred financial crises. The crises caused by cotton harvests could have been prevented by an American …
Persistent link: https://www.econbiz.de/10012460044
U.S. financial regulation has traditionally made functional and institutional regulation roughly equivalent. However, the gradual shift away from Glass-Steagall and the introduction of the Financial Modernization Act (FMA) generated a disorderly mix of functions and products across institutions,...
Persistent link: https://www.econbiz.de/10003859805
Existing supervisors, as well as the new institutions that the Dodd-Frank Act created, collect and aggregate an unprecedented amount of commercially sensitive financial information. Although financial institutions and their supervisors are increasingly transparent in the post financial crisis...
Persistent link: https://www.econbiz.de/10013123153
The Dodd-Frank Act amendments to the Electronic Funds Transfer Act, and the implementing regulations issued by the CFPB, are intended to provide enhanced consumer protections to U.S. residents sending funds to foreign countries. The legislation and regulations were designed for a model in which...
Persistent link: https://www.econbiz.de/10013086814
The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act” or “Act”) was enacted in the United States in response to the financial crisis that began in 2007. Section 1073 of the Dodd-Frank Act provides a new regulatory framework for remittance transfers made from the...
Persistent link: https://www.econbiz.de/10013071343
U.S. financial regulation has traditionally made functional and institutional regulation roughly equivalent. However, the gradual shift away from Glass-Steagall and the introduction of the Financial Modernization Act (FMA) generated a disorderly mix of functions and products across institutions,...
Persistent link: https://www.econbiz.de/10013160372