The financial sector, including aspects ranging from capital markets to consumer payments, is undergoing dramatic change. Financial Technology, or “FinTech”—the use of technology to perform financial functions—encompasses an incredibly...

Leaders from across the political spectrum articulate the virtues of homeownership. As expressed in the above quotations, both Republican and Democratic presidents emphasize that homeownership is part of the American dream. Besides the...

Commentary from the Milken Institute Center for Financial Markets to the Securities and Exchange Commission on proposed changes to the registration requirements under the Securities Exchange Act of 1934 to implement Titles V and VI of the...

The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) of 2010 provides for a wide variety of new regulatory and supervisory initiatives with the goal to promote a safer and sounder banking system. The extensive list of...

In October 2014, Walmart announced that it was teaming with GoBank to provide banking services to its customers. This follows earlier attempts by Walmart to enter banking more directly through a wholly-owned subsidiary. Many banks opposed...

On March 14, 2014 the Milken Institute Center for Financial Markets (CFM) hosted a working roundtable titled “Framing the Issues: Strengthening Capital Markets in Developing Countries.” The day-long event in Washington, DC convened scholars...

Regulatory authorities in countries around the world are attempting to improve financial regulation and supervision. In the aftermath of the global financial crisis, these attempts involve a three-step process: (1) diagnose what went wrong...

From new digital payment systems and the use of digital or electronic currencies to the use of data analytics and the creation of online investment and finance platforms, FinTech developments are already having an impact on traditional...

The most recent financial crisis made it clear that something had to be done to make sure that big banks would never again pose such a systemic threat to the financial system that they would have to be bailed out by the government. The main...

It was six years ago this week that the Federal Housing Finance Agency placed Fannie Mae and Freddie Mac into conservatorships. Since then, the US housing system has made significant progress, yet critical challenges and much work remain...