Professor Kathryn Judge (Columbia Law School) will present the main challenges being posed for the creation of an regulatory regime for "Shadow Banking". In this lecture, she will discuss the diferences in the regulatory system for banks and capital markets in the US, as well as the growth of shadow banking as a new regime that overlaps the existing ones, but does not fit within any of the estabilished paradigms.
Kathryn Judge is an Associate Professor of Law and the Milton Handler Fellow at Columbia Law School. Her scholarship includes “The First Year: The Role of a Modern Lender of Last Resort” forthcoming in the Columbia Law Review, “Fragmentation Nodes: A Study in Financial Innovation, Complexity and Systemic Risk,” in Stanford Law Review and “Intermediary Influence” in the Chicago Law Review. Prior to joining Columbia, she was a corporate associate with Latham and Watkins, LLP. She clerked for Judge Richard A. Posner of the U.S. Court of Appeals for the 7th Circuit and Justice Stephen G. Breyer of the U.S. Supreme Court. She is a graduate of Stanford Law School, where she earned the Urban A. Sontheimer Honor (second in class), and Wesleyan University.