Driverless cars have survived the road, but will they survive Congress?

In an era of increasing globalization, what does one region’s internet regulations mean for foreign firms?

By: Milad Mohammadai In the United States, college is expensive. Every year, students across the nation trek to their respective state capitals in order to lobby for increased financial aid. Among these are NYU students who have been knocking at the state departments doors in Albany. New York State has largely lived up to its promise of increasing assistance, and in recent years has allocated funds to make college much more affordable. Just last year, Governor Cuomo unveiled the Tuition-Free Degree Program, where families would be eligible to attend a New York State college tuition free. While the governor’s plan comes with many stipulations, such as income, residency, and credit requirements, it has still been hailed as a small but important step towards solving the student debt crisis. But is it a pragmatic solution? During the 2016 Presidential race, several candidates referenced student loans and debt to be a critical issue, and for many millennials, it has become one of the most important policy issues on their agenda. The US student debt balances are now around …

By: Milad Mohammadai Recently, the European Union has begun the rollout of its new regulatory package for the financial industry of its member states, MIFID II (Markets in Financial Instruments Directive II). This package is a follow up to the original MIFID I that began the harmonization of financial regulation across the European Economic Area back in 2004. The new regulatory package is intended to promote investor confidence along with increased transparency in the European financial market, with aspects borrowed from the landmark US 2010 Dodd-Frank regulatory package. As we will further explore,  much of this regulatory package is aimed at what are known as Dark Pools, private trading forums that are not present on traditional public exchanges such as the New York Stock Exchange or NASDAQ. First to put things into perspective, MIFID II is a general regulatory package that impacts all financial services firms in the European Union. According to an analysis by Bloomberg analyst Dick Schumacher, MIFID II will encompass a wide range of change in how financial regulation is conducted in the …