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Quality Score

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Overall Score : 96 / 100

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Course Description

Being a successful FinTech firm requires more than just great technology; it also requires an understanding of the laws and regulations applicable to your business. This course will provide you with that understanding. You will learn about the critical legal, regulatory, and policy issues associated with cryptocurrencies, initial coin offerings, online lending, new payments and wealth management technologies, and financial account aggregators. In addition, you will learn how regulatory agencies in the U.S. are continually adjusting to the emergence of new financial technologies and how one specific agency has proposed a path for FinTech firms to become regulated banks. You will also learn the basics of how banks are regulated in the U.S.If you are unfamiliar with how these new financial technologies work, fear not. We will begin each new course section with a high-level overview of the underlying technology. While the course is principally focused on the U.S. FinTech industry, we cannot possibly cover every relevant legal and regulatory issue. Therefore, this course should not be construed as legal advice. Rather, the goal of the course is to familiarize you with the key legal and regulatory challenges FinTech firms in various sectors face, as well as the critical policy debates that are occurring in Washington D.C. and state capitals across the country.

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Instructor Details

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Lee Reiners joined the Duke Global Financial Markets Center as executive director in 2016. At Duke Law, Reiners teaches FinTech and the Law as well as seminars relating to financial policy and regulatory practice. He writes frequently on FinTech and other financial regulatory matters on The FinReg Blog. Prior to joining Duke Law, Reiners worked for five years at the Federal Reserve Bank of New York (FRBNY), first as a supervisor of systemically important financial institutions and then as a senior associate within the executive office. In the latter capacity, he helped coordinate the FRBNY's engagement with international standard-setting bodies, such as the Bank for International Settlements and the Financial Stability Board. While at the FRBNY, Reiners worked closely with other federal and state regulatory agencies. Reiners has previously taught corporate finance and managerial economics in the MBA Program at Saint Peter's University. In 2004-2005, Reiners served as a U.S. Army communications specialist in Baghdad, Iraq. Reiners received a BSc in business economics, summa cum laude, from the University of St. Thomas and a MPP with a global policy concentration from Duke University's Sanford School of Public Policy. Reiners holds the chartered financial analyst designation.

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Reviews

4.8

46 total reviews

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