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...

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...

Infrastructure is the backbone of a nation’s economic prosperity and crucial for growth. The American Society for Civil Engineers graded America’s infrastructure a “D+” in 2013 and estimates at the time suggested the US would need to spend...

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...

Dramatic price increases in Israel’s housing market prior to 2013 had outpaced the rise in average household income, leaving working families with limited options. To help generate possible solutions, the Milken Institute convened...

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...