An introduction to the economic and trade sanctions regime administered by the U.S. Office of Foreign Assets Control (OFAC). Topics include: compliance obligations of financial institutions; the foreign policy and national security justification of sanctions; targeted parties and activities; OFAC licenses; and enforcement issues.

This course covers the law governing real estate lending, both in the consumer and commercial contexts. Topics include: the role of various parties in loan transactions; loan documents; mortgages; title insurance; securitization; and foreclosures.

This course will provide an overview of the statutes and regulations governing broker-dealers. The course will begin with a review of the foundational federal laws that regulate the securities industry and the sale of securities in the United States. Topics will include broker-dealer registration, self-regulation, obligations of broker-dealers, technology, and big data, and enforcement.

A practical application demonstrating the manner in which compliance officers interact with “business owners” and regulators in order to properly risk-manage compliance requirements for banking institutions. The course will introduce students to case studies that require various skills in order to resolve true banking compliance and legal issues. These skills include negotiating and communication techniques for compliance professionals to work well with co-workers, business owners and regulators. Case studies will include new product launches and sample regulatory examinations.

A study of privacy and cybersecurity laws and regulation, as they apply to firms in the financial sector and to corporations registered with the SEC. Topics include: prevention, breaches, disclosures, and remediation; Federal and state privacy and cybersecurity regulations; EU GDPR; the NIST Cybersecurity Framework; Federal Reserve, OCC, and FDIC guidance; and FFIEC and SEC OCIE cybersecurity guidance and initiatives. The course will also cover compliance and risk management best practices.

A study of consumer compliance issues faced by banks and other financial intermediaries. The course will cover credit-related statutes and regulations. The course will also cover common law fraud, unfair and deceptive acts and practices, the Consumer Financial Protection Bureau, and other federal and state agencies charged with consumer protection.

A study of consumer compliance issues faced by banks and other financial intermediaries. The course will cover deposit-related statutes and regulations. The course will also cover common law fraud, unfair and deceptive acts and practices, the Consumer Financial Protection Bureau, and other federal and state agencies charged with consumer protection.

A study of the obligations of regulated companies when there has been a compliance failure. Topics covered include: audits and other internal governance approaches for discovering compliance problems in a timely fashion; investigations; reporting; mitigation; regulatory responses; and remediation. 

An introduction to the law of business organizations, including agency, partnership, and business corporations. Topics include formation and structure of the corporation, power and fiduciary responsibility of management, rights and liabilities of shareholders, shareholders' derivatives litigation, acquisitions and tender offers and insider trading.

This course introduces students to Bank Secrecy Act and Anti-Money Laundering regulations. Topics covered include: establishing and maintaining effective BSA/AML compliance programs; customer identification program requirements; SARs and information sharing; record-keeping requirements; customer due diligence, enhanced due diligence, and ongoing monitoring requirements of high-risk customers and transactions.