Mason Paper Published by EU Parliament
October 8, 2015
BATON ROUGE – LSU Department of Finance Professor Joseph Mason’s paper, “Overview and Structure of Financial Supervision and Regulation in the U.S.,” was recently published by the European Parliament’s Policy Department on Economic and Scientific Policy.
The publication is available in full.
The study distinguishes “regulation” and “supervision” in the United States and provides a concise overview of the structure of U.S. financial supervision. It was conducted by request of the EU’s Committee on Economic and Monetary Affairs with the aim of facilitating understanding of the “complex U.S. system of financial supervision.”
“I am particularly proud of this publication. This is one of a handful of papers that discuss financial supervision as opposed to regulation,” Mason said. “The paper is the product of almost three years of work with Parliamentary staff to help them understand U.S. supervisory structures.
“This work helped point out to members of EU Parliament the complexity and legal and cultural path dependence of the U.S. system. The paper is similar to a Federal Reserve Board Staff Study that is held as an authoritative work that has been prepared upon request and subjected to peer review for purposes of guiding national and supra-national policy.”
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The Department of Finance is a Chartered Financial Analyst (CFA) Program Partner and a Certified Financial Planner (CFP) Board-Registered Program that offers high quality curricula to undergraduate and graduate students interested in careers in corporate finance, asset management, real estate, insurance, banking, financial planning and business law. The department boasts internationally renowned research faculty in several areas, including derivatives, asset management, banking and spatial econometrics. The department’s Securities Markets Analysis Research & Trading Lab boasts the Bloomberg Professional service, the platform used by more than 300,000 leading business and financial professionals worldwide to make informed business decisions, and an extensive library of financial data bases including the Wharton WRDS System. Additionally, the department encourages, supports and conducts research in real estate by housing the nationally renowned Real Estate Research Institute. For more information, visit our home page or call 225-578-6291.
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LSU E. J. Ourso College of Business