“Shadow banks,” or institutions that operate like banks but aren’t subject to banking regulations, pose a significant risk to financial stability, making them a key concern for policymakers. In this edition of 5Qs, Professors Gabriel Rauterberg and Jeffrey Zhang from Michigan Law explore the idea of expanding securities regulators’ authority over shadow banks as an alternative to traditional banking law reforms, with the goal of addressing these risks and enhancing financial stability.
We use cookies to ensure you get the best experience on our website. By using this site, you accept our use of cookies.