This edition incorporates developments in bank and financial services legislation and regulation that have occurred through June 2021, including the Trump administration's regulatory initiatives in respect of the Dodd-Frank Act. The sixth edition organizes the chapters into three thematic Parts to help focus classroom discussion. Part One surveys the depository bank business model, the dual banking system, and its layered regulatory structure, including the role of financial holding companies, bank subsidiaries, and nonbank affiliates active across financial markets. The materials emphasize that though the majority of depository institutions are thrifts, credit unions, and community banks, consolidation and conglomeration have left the lion's share of bank assets in the hands of a few large banking organizations that dominate national and global markets, presenting unique regulatory challenges. Part Two focuses on prudential supervision of banks and their holding companies, which reflects the distinctive demands created by deposit-taking, credit creation, and liquidity intermediation. Post-crisis reforms have dramatically changed this aspect of regulation. The materials emphasize the different ways in which banks finance their activities, including by accepting insured deposits, borrowing at market rates from wholesale lenders, using government funds available only to banks, and raising equity capital from investors. The discussion makes clear how, in addition to meeting market capital requirements that apply to all businesses, banks contend with complex regulatory standards that encourage liquidity, limit leverage, and promote the ability to absorb unexpected losses. Part Three surveys the range of specialized financial services performed by banks and their holding companies beyond their depository functions. The materials illustrate how banks underwrite debt and equity securities, manage investment portfolios, advise investors, make markets for financial products, act as both principal and agent in derivative transactions (including credit default swaps and interest rate derivatives such as options, futures, and forwards), and provide fiduciary services as trustees, including by managing retirement and collective investment funds, offering custody for financial assets, and competing with mutual funds. The book pays special attention to consumer lending -- through mortgage finance, educational debt, and credit card loans -- an area that has grown in importance due to the CFPB. To avoid the need for students to buy additional books, this edition comes with a digital statutory supplement containing links to relevant statutes and regulations for each chapter. The supplement also includes an expanded Student's Guide to banking law statutes and regulations, which lets students convert the original section numbers of major statutes into their codified sections in the United States Code.

Discourse Perspectives in Organizational Communication brings together researchers from the social sciences and humanities to look at discourse and how it shapes organizations and their social actors. Unlike others in the field, this book assumes that language creates and constitutes reality, rather than simply mirroring or describing it. This collection illustrates the variety of organizational phenomena that might be studied and the range of epistemological and methodological approaches that might be used in discourse analysis techniques.

The 2018 Edition contains the major chapters of title 12 of the United States Code covering the National Bank Act, the Federal Reserve Act, the Federal Deposit Insurance Corporation Act, the Home Owners Loan Act, the Federal Credit Union Act, the Bank Holding Company Act, the Bank Service Company Act, and the International Banking Act. The supplement reflects the changes made by the Dodd-Frank Act. Additions made by Dodd-Frank to existing statutory provisions are underlined so the reader may easily locate the Dodd-Frank changes. In addition, each statutory provision includes a citation to the section of Dodd-Frank which amends it. New statutory provisions of Dodd-Frank codified in Chapter 53 of Title 12 (including provisions relating to the FSOC, CFPB, and the Orderly Liquidation Authority) are included as well. Relevant provisions of the Securities Exchange Act, federal provisions relating to insurance, and the Gramm-Leach-Bliley Act's provisions related to privacy are also included. Excerpts from the New York banking statutes provide a sample of state regulation of banking. The supplement also contains selected regulatory provisions from the Comptroller of the Currency, the Federal Reserve System Board of Governors, the Federal Deposit Insurance Corporation, as well as the table of contents of regulations issued by the Consumer Financial Protection Bureau.