Now showing items 1-13 of 13

    • Yadav, Yesha (Vanderbilt Law Review, 2014)
      Scholars have long lamented that the growth of modern finance has given way to a decline in debt governance. According to current theory, the expansive use of derivatives that enable lenders to trade away the default risk ...
    • Yadav, Yesha (Columbia Law Review, 2021)
      This Article shows that Treasury market structure is fragile, weakened by a regulatory model poorly suited to match its design. First, public oversight of Treasuries is fragmented, divided between five or more agencies. ...
    • Yadav, Yesha (Vanderbilt Journal of Transnational Law, 2020)
      This Article shows that fintech exacerbates the difficulties of standard setting in international financial regulation. Earlier work introduced the "Innovation Trilemma"(the Trilemrma). When seeking to balance the goals ...
    • Yadav, Yesha; Brummer, Chris (Georgetown Law Journal, 2019)
      Whether in response to roboadvising, artificial intelligence, or crypto-currencies like Bitcoin, regulators around the world have made it a top policy priority to supervise the exponential growth of financial technology ...
    • Yadav, Yesha; Brummer, Chris (Georgetown Law Journal, 2019)
      Whether in response to robo advising, artificial intelligence, or cryptocurrencies such as Bitcoin, regulators around the world have made it a top policy priority to supervise the exponential growth of financial technology ...
    • Yadav, Yesha (Washington University Journal of Law & Policy, 2018)
      This essay offers brief observations on the internal coherence of the rationales underlying the prohibition against insider trading, taking the opportunity offered by Newman and Salman to reflect on its central policy aims. ...
    • Yadav, Yesha (UCLA Law Review, 2016)
      This Article argues that the emergence of algorithmic trading raises a new challenge for the law and policy of insider trading. It shows that securities markets comprise a cohort of algorithmic “structural insiders” that ...
    • Yadav, Yesha (Georgetown Law Journal, 2015)
      The prohibition against insider trading is becoming increasingly anachronistic in markets where derivatives like credit default swaps (CDS) operate. Lenders use these instruments to trade the credit risk of the loans they ...
    • Yadav, Yesha (Cornell Law Review, 2019)
      According to statute, securities exchanges play an essential role in ensuring compliance with applicable laws and industry standards. Long imagined as unique in their institutional capacity to bring traders together, collect ...
    • Yadav, Yesha (Georgetown Law Journal, 2013)
      This Article challenges the academic and policy consensus that clearinghouses adequately mitigate the risks of trading credit derivatives. The Article advances two arguments. First, scholars have devoted little attention ...
    • Yadav, Yesha (Emory International Law Review, 2010)
      The global financial crisis is forcing a thorough re-evaluation of the international regulatory architecture. The crisis has shown not only the cracks in regulatory oversight, but also a market operation that had long ...
    • Yadav, Yesha (2018)
      In June 2017, Spain's Banco Popular, the country's fifth largest bank, failed in an orderly fashion-vindicating, it seemed, the rules put in place to manage such insolvencies following the 2008 Financial Crisis.' Weighed ...
    • Yadav, Yesha (Minnesota Law Review, 2018)
      To build resilience within the financial system, post-Crisis regulation relies heavily on banks to fund themselves more fully by issuing equity. This reserve of value should buttress failing banks by providing a mechanism ...