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- Title
Diversifying to Mitigate Risk: Can Dodd-Frank Section 342 Help Stabilize the Financial Sector?
- Authors
Johnson, Kristin; Ramirez, Steven A.; Shelby, Cary Martin
- Abstract
The article discusses the legal aspects of gender and racial diversity and risk mitigation in relation to an inquiry about whether Section 342 of the U.S. Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 can help stabilize the financial sector as of 2016. The global financial crisis of 2007-2009 is addressed, along with American financial regulations, the U.S. Securities and Exchange Commission (SEC), and the claim that cognitive biases influence group decision-making.
- Subjects
UNITED States; DIVERSITY in the workplace; DODD-Frank Wall Street Reform &; Consumer Protection Act; FINANCIAL risk management; GLOBAL Financial Crisis, 2008-2009; ECONOMIC stabilization; COGNITIVE bias; ECONOMIC sectors; UNITED States. Securities &; Exchange Commission
- Publication
Washington & Lee Law Review, 2016, Vol 73, Issue 4, p1795
- ISSN
0043-0463
- Publication type
Article