This textbook analyzes and compares the market and regulatory architecture of the entire U.S. financial sector, from banks, insurance companies, and broker-dealers, to asset managers, fintech companies of many types, complex financial conglomerates, and government-sponsored enterprises for faculty and staff. The Third Edition explores a range of financial activities, including consumer finance and investment, digital and traditional payment systems, securitization, short-term wholesale funding, money markets, and derivatives.

Authors: Margaret Tahyar, Michael Barr (University of Michigan Law School) and Howell Jackson (Harvard Law School).

For more information and additional teaching materials, visit the companion site>

 

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