On October 22, 2021, the Catholic Law faculty convened for its monthly Faculty Research Series event. Hosted by Professor Cara H. Drinian, Director of Faculty research, this month’s program featured a presentation from Professor Heidi M. Schooner on the topic of standing in financial institution regulation.
Schooner’s work, “Depth in the Details: The Role of Standing in Wilmarth’s New Glass-Steagall” is a contribution to a festschrift volume honoring Professor Art Wilmarth, Professor Emeritus at The George Washington University Law School—who is considered by many to be the “father of banking law.” During the hour-long discussion, Schooner outlined the history of the Glass-Steagall Act (1933) and analyzed the lack of private litigation under the Gramm-Leach-Bliley Act (1999) which replaced it—ultimately, thinking more broadly about statutory drafting in financial regulation and whether the standing requirement should be more thought through in drafting new legislative proposals.
The next Faculty Research Series program will be on November 19, 2021. Please check back on the News and Events page for updates regarding upcoming events.