Center on Law and the Economy Workshop: Cary Shelby
"Racism as a Threat to Financial Stability"
Ralph Brill Endowed Chair, Professor of Law at Chicago-Kent College of Law
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The Murphy Institute Center on Law and the Economy hosts workshops each semester featuring both Tulane and guest faculty in law, economics, and political science who present leading edge research in regulation, civil rights, and other key issues in law and the economy.
Cary Shelby is Ralph Brill Endowed Chair and Professor of Law at Chicago-Kent College of Law. She specializes in corporate and securities law and teaches courses in Contracts, Business Associations, Securities Regulation, Corporate Finance, and a seminar on Investment Funds. Shelby was previously a professor of law at Washington and Lee University School of Law and served as a visiting associate professor of law with The George Washington University Law School.
Her research generally encompasses regulatory issues related to hedge funds and other pooled investment vehicles. It has utilized a range of theoretical frameworks to scrutinize the blurred distinctions between public and private investment funds resulting from financial innovation, systemic risk, and retailization. It further examines the extent to which the regulatory apparatus provided under corporate and securities laws, filtered through a Critical Race Theory lens, could better protect against more expansive notions of systemic risk generated by racist practices and policies.
Shelby's work appears in prestigious journals including Northwestern University Law Review (forthcoming), California Law Review, The Business Lawyer, Boston College Law Review, and she is currently under contract with Cambridge University Press for her forthcoming book project, Markets for Black Pain: Law and Marginalization as a Commodity. She was recently appointed as the Co-Chair of the African American Affairs Committee of the ABA Section of Civil Rights and Social Justice.