The Institute for Investor Protection
A Law and Policy Research Institute
Loyola's new Institute for Investor Protection is a non-partisan, independent academic center that promotes investor protection for the individual consumer and the public, and seeks to shape policy issues affecting investors. The goal of the institute is to educate investors on the availability of the private remedies Congress and the judiciary envisioned would serve to deter disclosure violations.
Established with funds from a cy pres award from the class action settlement in Abrams v. Van Kampen Fund Inc., Loyola's Institute for Investor Protection held its first annual conference in the fall of 2011. At the conference, distinguished panelists explored the practical implications of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Daniel Kahneman, psychologist and author of the best-selling book Thinking, Fast and Slow, delivered the keynote address at Loyola's second annual Institute for Investor Protection Conference, "Behavioral Economics and Investor Protection," on Friday, October 5.
The Institute for Investor Protection, working with its co-sponsor, the Institute for Consumer Antitrust Studies, recently hosted the National Mortgage Settlement Conference. The Conference featured presentations from the architects of the largest consumer protection settlement in American history, including State Attorneys General from throughout the country and Shaun Donovan, the Secretary of Housing and Urban Development. In his fascinating address, which is linked here, Secretary Donovan traces the abuses which led to the mortgage crisis, and documents the extremely effective efforts of state and federal agencies to provide relief for homeowners and to establish structures and standards to prevent such crises in the future. You can also view the Welcome and Introductions, Panel #1, Panel #2, and Panel #3 from the Conference.