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Henry Hu Testifies for SEC on Derivatives Regulation Before the U.S. House Committee on Financial Services

Professor Henry T. C. Hu testified on behalf of the U.S. Securities and Exchange Commission before the U.S. House Committee on Financial Services at its Oct. 7 hearing, "Reform of the Over-the-Counter (OTC) Derivatives Market."

Faculty experts provide analysis on nation’s financial crisis

Faculty experts provide analysis on nation’s financial crisis

Balance Due: The United States is in the midst of an economic crisis that is threatening the country's financial stability, as well as the global economy. The crisis began with a collapse in the subprime mortgage market, and, in short order, longstanding institutions such as Lehman Brothers, Merrill Lynch, Fannie Mae, Freddie Mac, as well as several well-known banks, failed, filed for bankruptcy or were taken over.