A Review of “Taming the Megabanks: Why We Need A New Glass-Steagall Act”

The structure of the banking industry and the nature of what is commonly called “banking” has changed dramatically over the last twenty-five years as the result of the dissolution of legal restrictions on interstate banking and branching, as well as on the financial services that banking organizations can offer.  Deregulation has accelerated banking industry concentration. […]

Comments to the Climate-Related Market Risk Subcommittee under the Market Risk Advisory Committee (MRAC) of the Commodity Futures Trading Commission (CFTC)

Courtesy of Lawrence Baxter, Mercy B. DeMenno,  Lee Reiners, and Joe Smith The following letter was submitted by the Global Financial Markets Center on May 9, 2020, to the Commodity Futures Trading Commission (CFTC) in response to the CFTC’s request for public comment on topics and issues being addressed by the Climate-Related Market Risk Subcommittee […]