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Cornelius Hurley

Director, Center for Finance, Law & Policy, Professor of the Practice of Banking Law School of Law at Boston University

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  • Boston University

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Biography

Boston University

Professor Cornelius K. Hurley has over 30 years of diversified legal and entrepreneurial management experience in financial services. He is a director of Computershare Trust Company, N.A., and of the Federal Home Loan Bank of Boston. Professor Hurley established the Boston office of The Secura Group, Washington, D.C. Formerly, he was general counsel of Shawmut Corporation and assistant general counsel of the Board of Governors of the Federal Reserve System. Active in the American Bar Association, he is a faculty member of Banking Law Basics, Banking Law II, Consumer Financial Services Basics, and Investment Management Basics, all institutes conducted jointly by the Morin Center and the ABA. He teaches Banking Structure and Regulation and the Thesis Seminar in the Graduate Program. Professor Hurley also serves as reporter to the American Bar Association’s Task Force on Financial Markets Regulatory Reform. He is the Director of the Center for Finance, Law & Policy.

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Cases

Trump administration calls for scaling back post-crisis financial regulations

June 12, 2017

Washington Post mentioning Cornelius Hurley, School of Law/ Center for Finance, Law & Policy “The Treasury Department on Monday called for scrapping or softening some of the rules for banks and other financial firms put in place after the 2008 financial crisis…” Expert mention: “Cornelius Hurley, director of the Boston University Center for Finance, Law and Policy, said there […]

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Trump Eyes Breakup of Big Banks While Wooing Their Smaller Rivals

May 2, 2017

The Street Cornelius Hurley, School of Law “President Donald Trump’s latest comments on breaking up the biggest banks came as White House officials met with more than 100 community bankers, among the fiercest advocates of dismantling global financial firms with multiple business lines…” Expert quote: “If we’ve learned anything over past few months it is […]

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Libor Traders Acquitted in London Court (Audio)

April 11, 2017

Bloomberg  Cornelius Hurley, School of Law/ Center for Finance, Law & Policy “Cornelius Hurley, a professor at Boston University Law School, discusses why a London Jury acquitted two former Barclays traders of manipulating Libor from 2005 to 2007…” Listen to full episode. 

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Trump’s ‘core’ regulatory principles warrant more scrutiny

March 21, 2017

American Banker by Cornelius Hurley, School of Law “Unlike the response to his executive order on immigration, thousands of citizens did not hit the streets to protest President Trump’s executive order on “core principles” for regulating the financial system…” View full article.   

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Trump travel ban stirs faint corporate outcry beyond Silicon Valley

January 31, 2017

Reuters Cornelius Hurley, School of Law Most U.S. corporate bosses have stayed silent on President Donald Trump’s immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House… Expert quote: “Industries including banking, healthcare and auto manufacturing see themselves on the cusp of a new era of deregulation, and […]

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Warren Fears Trump’s Labor Department May Neglect Wells Fargo Probe

January 31, 2017

Yahoo Finance Cornelius Hurley, School of Law Last fall, the U.S. Labor Department opened a “top to bottom” review into labor complaints against Wells Fargo , including a claim that some employees worked off the clock to meet the ambitious sales quotas at the heart of a fake-account scandal… Expert quote: “The true test will be what the new […]

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President-Elect Has Made No Secret Of Contempt For Dodd-Frank, CFPB

December 6, 2016

Banker & Tradesman Cornelius Hurley, School of Law/CFLP Donald Trump may be a notoriously lousy credit risk, but the former reality TV star’s newest gig as president of the United States could be a boon to bankers weary of regulatory burden… Expert quote: “Plus, Wells Fargo pretty much inoculated the agency from being eliminated so […]

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Chao’s Role at Wells Fargo Questioned After Trump Nomination as Transportation Secretary

December 6, 2016

The Street Cornelius Hurley, School of Law, Center for Finance, Law & Policy To find out why President-elect Donald Trump’s nominee for Transportation Secretary, Elaine Chao, was valuable as a board member to Wells Fargo (WFC) , just take a look at the scandal-plagued lender’s most-recent annual shareholder ballot… Expert quote: “You get to be […]

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Fate of ‘too big to fail’ rule and Sen Warren’s consumer watchdog riding on Senate outcome

November 10, 2016

CNBC Cornelius Hurley, School of Law/Center for Finance, Law & Policy The next Congress may be forced to revisit two key components of financial regulatory reform, making the outcome of Tuesday’s elections potentially crucial to the future of a landmark Democratic legislative victory. Expert quote: “Assuming that the rulings are upheld, that really forces the […]

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The New Plan to Bail Out ‘Too-Big-to-Fail’ Banks

October 13, 2016

Wall Street Journal Cornelius Hurley, School of Law, Center for Finance, Law & Policy Regulators want to prevent taxpayers from having to ever again bail out big banks… Expert quote: “They try to fight complexity with more complexity.” View full article

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