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MLS - Financial Services Compliance

 
 

 

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While corporations of all sorts faced increased regulatory burdens following the Enron scandal and the enactment of Sarbanes-Oxley, in the post Lehman Brothers world financial institutions of all sizes face a new regulatory reality. The Dodd-Frank Act, and related developments like Basel III and a flood of pronouncements from the Financial Stability Board, the Bank for International Settlements, and International Organization of Securities Commissions, have resulted in a massive increase in the need for compliance professionals that are attuned to the specific needs of the financial industry.

Financial Compliance Master of Jurisprudence

Seton Hall Law School has paired its compliance knowledge with its internationally known corporate law faculty to meet the needs of the financial services industry. The online master's degree in Financial Services Compliance will teach you about the relevant law surrounding your industry, and how to apply that knowledge to real-world situations. You will graduate from this Master's program with enhanced personal marketability and be able to effectively analyze and respond to myriad financial compliance issues you encounter on a daily basis.

The MLS in Financial Services Compliance can be completed entirely online, taking only one class at a time. There is no residency requirement. All classes follow an 8-week format that offers optimum flexibility for individuals who have work and family commitments. Financial aid is available for eligible students.

Course requirements for this degree are listed below.  Contact us using the form on this page if you have additional questions or view our admissions requirements here.

Required Courses

  1. Must take all in sequence
  2. All courses are offered ONLINE only
  3. Students who have enrolled without a concentration or have switched their concentration to Financial Services and have taken FUNDAMENTALS OF BUSINESS LAW may substitute that course for INTRODUCTION TO CONTRACTS AND TORTS.
Number Name Credit Offering

HLTH7390

Introduction to Law and Legal Writing

 

This course introduces students to the American legal system and the basic components of legal analysis. Topics covered include:

  1. The structure of the American legal system

  2. The role of statutes, regulations, and judicial decisions

  3. Spotting legal issues, identifying governing rules and principles, and applying the law to different factual situations

  4. Using free Internet resources to locate legal documents and research legal issues

  5. Writing clear and accurate legal summaries and analyses

 

4

online

HLTH7409

Torts: Liability for Civil Wrongs

 

This course examines the law governing private recovery for injuries to person or property, with a particular focus on the law of negligence. Topics include:

  1. The negligence principle

  2. Affirmative duties to act

  3. Duties based on statutory violations

  4. Causation

  5. Defenses to tort liability

  6. Damages

  7. Defamation

This online course examines the law governing private recovery for injuries covered by "civil wrongs."  Focusing on the law of negligence, topics will include determining the standard of care; the roles of judge, jury, custom, and statute; exceptions to the duty to exercise reasonable care; actual and proximate causation; defenses to negligence liability; and damages.  The course will include regular writing assignments designed to strengthen students' analytical and writing skills.  The course is required for students in the MLS program and is not available to students in other degree programs.

3

online

HLTH7400

Fundamentals of Business Law

 

This course introduces students to the law of contracts and to basic principles governing different forms of business associations. Topics include:

  1. The nature and limits of contractual agreements

  2. Contract formation

  3. Defenses to contact enforcement

  4. Remedies for breach of contract

  5. Agency and sole proprietorships

  6. Partnerships

  7. Corporations

  8. Business torts

 

3

online

HLTH7402

Constitutional Law Survey

 

This course provides an overview of the key concepts and legal doctrines underlying the American constitutional structure. Topics covered include:

  1. The Supreme Court’s authority and role

  2. Justiciability and standing

  3. The commerce clause

  4. Separation of powers

  5. Due process and fundamental rights

  6. Equal protection

NOTE: This course is available only to students in the MLS program.

3

online

Core Courses

  1. Must take four courses 
Number Name Credit Offering

LABR7030

Conducting Internal Investigations

 

This course gives you the tools you need to participate in all aspects of internal workplace investigations. Topics covered include:

  1. When companies should (or must) conduct internal investigations

  2. Who should conduct investigations

  3. The role of the investigator

  4. Obtaining cooperation from witnesses

  5. "Adnarim" warnings when attorneys are involved

  6. HR training and development

  7. Privilege and work product issues and their waiver

 

3

online

INDL7550

Cybersecurity and Privacy I: Law & Policy

 

This course provides a broad overview of key issues at the intersection of cybersecurity and privacy. Topics covered include:

  1. Security practices, standards, and insurance

  2. Data breaches, incident response, and corporate governance considerations

  3. Consumer protection law and enforcement actions

  4. The Computer Fraud and Abuse Act (aka the “anti-hacking” statute)

  5. Law enforcement surveillance

  6. Emerging technological paradigms and legislative responses

 

3

online

INDL7555

Cybersecurity and Privacy II: Compliance & Risk Management

 

This course describes practical frameworks for data privacy and security risk management and compliance. We examine the CIA (Confidentiality, Integrity, and Availability) Triad, the NIST Cybersecurity and Privacy Frameworks, and essential principles of Privacy by Design (PbD), along with qualitative and quantitative methods of cyber risk assessment. We apply these frameworks and methods to realistic cybersecurity and privacy scenarios. We further explore methods of transferring cyber risk, including third-party contract terms and cyber insurance. Finally, we discuss legal requirements relating to data breach response and other forms of legal process concerning digital information.

Prerequisite: INDL7550 Cybersecurity I

3

online

CORP7180

EU Data Protection and Privacy Law: The GDPR

 

This course introduces students to the legal regime governing information privacy, data protection, and data security in the European Union. Topics covered include data protection and privacy in the European Court of Human Rights, the Data Protection Directive and the General Data Protection Regulation (GDPR), data protection supervisory authorities and international data transfers, the "right to be forgotten," and cybersecurity in Europe.

 

3

online

CORP8160

Financial Crimes Compliance

 

This course introduces students to the theory and practice related to financial crimes compliance in the United States, and at the global level. Particular laws examined include: the Money Laundering Control Act, the Bank Secrecy Act, and associated regulations.

At the international level, the course also outlines the work of the Financial Action Task Force and its recommendations on combatting money laundering and terrorism financing.

 

3

online

CORP7185

Financial Privacy Law

 

This course explores the federal, state and judicial scheme designed to protect the privacy and security of financial information. Topics covered include:

  1. Regulation of sharing consumer information by financial institutes under the Gramm-Leach Bliley Act.
  2. Regulation of credit reporting agencies under the Fair Credit Reporting Act (FCRA).
  3. Identity theft and businesses’ responsibilities under the Federal Trade Commission’s (FTC) Red Flag Rules.
  4. Protections of individual financial information against the government under the Fourth Amendment and the Right to Financial Privacy Act (RFPA).
  5. State financial privacy law
  6. Breach Notification and Financial Privacy

 

3

online

CORP7160

Global Corruption: Regulation, Compliance, and Enforcement

 

This course introduces students to the theory and practice of global anti-corruption compliance. Topics covered include the definition, identification and measurement of corruption; the OECD Convention on Combatting Bribery of Foreign Public Officials; the U.S. Foreign Corrupt Practices Act; the UK Bribery Act; anti-corruption laws in other countries; investigation, enforcement and resolution of corruption activities; jurisdiction, corporate liability and individual responsibility; and anti-corruption compliance programs and international organizational responses.

 

3

online

CORP7144

Governance, Compliance, Enforcement and Risk Management

 

This course explores corporate governance metrics for complying with federal and state regulatory frameworks, including internal corporate compliance protocols used to fulfill the company’s mission and to minimize risk in the management of the corporation. Topics covered include:

  1. Corporate governance internal protocols

  2. Relationship dynamics between corporate fiduciaries and stakeholders

  3. Development of compliance and risk management policies and procedures

  4. Governmental regulatory compliance frameworks

  5. Attorney’s role in compliance programs

 

3

online

CORP7140

Introduction to Corporate Law

 

This corporate law course examines the organization and operation of business enterprises, with particular emphasis on the corporate form. Topics covered include:

  1. Sole proprietorships

  2. The law of agency

  3. Partnerships

  4. Limited liability companies

  5. The nature of the corporation

  6. Corporate privileges and powers

  7. Rights of shareholders

  8. Powers and fiduciary duties of directors, officers, and controlling shareholders

  9. Derivative lawsuits

 

3

online

LABR7000

Managing Legal Issues in the Workplace

 

This course explores the core doctrines that govern the employment relationship. Topics covered include:

  1. Definitions of “employee” and “employer”

  2. The employment-at-will doctrine and its principal exceptions

  3. Employee harassment

  4. Antidiscrimination protections

  5. Health and familial leave protections

  6. Diversity in the workplace

  7. Wage and hour laws

  8. Employee privacy

  9. Liability and litigation risk management

 

3

online

Elective Courses

  1. Must take two
  2. Can be from any of the concentration areas
  3. ONLINE and ON-CAMPUS options
  4. SECURITIES AND CORPORATE LAW: THEORY & PRACTICE and BANKRUPTCY & CREDITORS RIGHTS courses requires prior written approval from Academic Director
  5. SECURITIES REGULATION AND COMPLIANCE is a prerequisite for the REGULATING BROKER DEALERS and REGULATING FUNDS AND INVESTMENT ADVISERS courses.
     
Number Name

HLTH9529

Biotechnology and the Law

 

This course examines a variety of legal, policy, scientific, social, and ethical issues in the realm of biotechnology. Topics covered include:

  1. Foundational technologies, such as recombinant DNA technology

  2. Current applications, including nanobiotechnology and synthetic biology

  3. Human subjects research and institutional review of clinical trials

  4. Regulatory oversight by federal agencies

  5. Academic-industry relationships

  6. Data privacy and security issues

  7. Protection of intellectual property

 

INDL7326

Casinos & Hospitality Law

 

This course will cover the history of casino gaming and the unique legal and compliance issues involved in casino operations. Topics covered will include license applications, management structures, daily operations, anti-money laundering, relationships with manufacturers, distributors, and vendors, premises liability, exclusion lists, player protection, and more.

 

HLTH7524

Children's Health and the Law

 

This course examines the law governing medical treatment of minors, with an emphasis on the tension between parental authority, the child’s needs and wishes, the duty of medical professionals to provide adequate care, and the state’s interest in protecting the child from harm. Topics covered include:

  1. Religious objections to treatment

  2. Mental health and substance abuse treatment

  3. Reproductive healthcare

  4. The withholding or withdrawal of life-sustaining treatment

  5. Medical neglect and medical child abuse

  6. Public health and bioethical issues affecting children

 

HLTH7685

Clinical Research and the Law: Compliance Issues for Research Sponsors

 

This course examines the responsibilities of life science companies and other entities responsible for the initiation, management, and/or financing of clinical trials in the United States, the European Union, and elsewhere in the world. Topics covered include good clinical practice (GCP) compliance, clinical trial agreements, clinical trial registration and results reporting, access to clinical trial data, managing conflicts of interest, reimbursement issues, and the implications of anti-bribery laws and U.S. fraud and abuse laws for clinical research.

 

HLTH7680

Clinical Research and the Law: Ethical and Regulatory Issues in Designing Clinical Trials

 

This course immerses students in the laws, regulations, and ethical guidelines applicable to designing clinical research in the United States, the European Union, and elsewhere in the world. Topics covered include an overview of the regulatory framework in the US, the EU, and other regions; the role of international ethical guidelines; ethical and regulatory considerations in choosing a study methodology; informed consent; confidentiality and data protection; the inclusion of women and minorities in clinical research; pediatric research; and post-trial obligations.

 

INDL7328

Collegiate Athletics Law & Policy

 

This course examines key legal and policy issues related to collegiate athletics, with a focus on the role of the key governing body, the National Collegiate Athletic Association (NCAA).  Topics covered include contemporary issues pertaining to NCAA governance, the NCAA enforcement process, challenges to the NCAA’s amateurism principle, athletes’ ability to profit from the use of their name, image and likeness, employment law issues, sports wagering, and coaches’ contracts.

Coming Summer 2024

HLTH7670

Compliance Issues for Healthcare Providers

 

This course introduces students to the primary areas of law that impose compliance obligations on healthcare providers. Topics covered include:

  1. Nonprofit corporation law

  2. Laws governing state and federal tax exemptions

  3. Federal fraud and abuse laws (including the Anti-Kickback Statute, the False Claims Act and the Stark Laws)

  4. Patient safety and quality

  5. Peer review and credentialing processes

  6. Medical error and safety programs

 

HLTH7590

Compliance Issues in the Life Sciences - Advertising, Promotion and Transparency

 

This course provides an overview of the laws, regulations, guidances and enforcement actions related to the advertising and promotion of prescription drugs and medical devices. Topics covered include:

  1. Direct-to-consumer advertising

  2. Off-label promotion

  3. Scientific and educational exchange

  4. Social Media

  5. Constitutional limitations on government regulation of commercial speech

  6. Transparency and disclosure requirements

 

HLTH7580

Compliance Issues in the Life Sciences - Fraud and Corruption

 

This course examines life science companies’ obligations under laws designed to detect and respond to bribery, fraud, waste, and abuse. Topics covered include:

  1. The Anti-Kickback Statute

  2. The False Claims Act

  3. The Foreign Corrupt Practices Act and other international anti-bribery legislation

  4. The Racketeer Influenced and Corrupt Organizations Act (RICO)

  5. Enforcement mechanisms

  6. Corporate compliance programs

 

LABR7030

Conducting Internal Investigations

 

This course gives you the tools you need to participate in all aspects of internal workplace investigations. Topics covered include:

  1. When companies should (or must) conduct internal investigations

  2. Who should conduct investigations

  3. The role of the investigator

  4. Obtaining cooperation from witnesses

  5. "Adnarim" warnings when attorneys are involved

  6. HR training and development

  7. Privilege and work product issues and their waiver

 

INDL7306

Consumer Data Privacy Law

 

This course examines the complicated and porous scheme of legal privacy protections governing online and offline individual consumer information in the United States. The course will examine topics including:

  1. The role of privacy policies
  2. The Federal Trade Commission’s (FTC) enforcement of privacy violations
  3. Electronic Communications Privacy Act (ECPA) and the Computer Fraud and Abuse Act (CFAA)
  4. Protections for children’s information under the Children ‘s Online Privacy Protection Act (COPAA)
  5. Statutes providing protections against marketing calls and spam
  6. The role of tort lawsuits for individual consumer privacy violations

 

INDL8301

Copyright Law

 

This course introduces students to the basic concepts and doctrines of copyright law. Topics covered include:

  1. Foundational principles of copyright law

  2. Copyright in special issues, such as software, architecture, and databases

  3. Derivative works, work for hire, and joint authorship

  4. The doctrine of fair use

  5. Copyright issues raised by new technologies that facilitate copying

  6. Digital works and information technologies

 

INDL7555

Cybersecurity and Privacy II: Compliance & Risk Management

 

This course describes practical frameworks for data privacy and security risk management and compliance. We examine the CIA (Confidentiality, Integrity, and Availability) Triad, the NIST Cybersecurity and Privacy Frameworks, and essential principles of Privacy by Design (PbD), along with qualitative and quantitative methods of cyber risk assessment. We apply these frameworks and methods to realistic cybersecurity and privacy scenarios. We further explore methods of transferring cyber risk, including third-party contract terms and cyber insurance. Finally, we discuss legal requirements relating to data breach response and other forms of legal process concerning digital information.

Prerequisite: INDL7550 Cybersecurity I

INDL7600

Cybersecurity Compliance and Investigations

 

This course introduces risk management tools and best practices for cybersecurity compliance, including qualitative and quantitative risk management measures, the "CIA" triad, the principle of least privilege, and critical controls frameworks. The course also discusses basic investigative tools and techniques, including traffic logging, stateful inspection, network mapping, IP address lookups, and preservation of evidence for forensic recovery. Finally, the course covers legal authorities under which law enforcement or other government actors can request access to user information, including search warrants, wiretap orders, the Electronic Communications Privacy Act, FISA orders, and National Security Letters, with an emphasis on policies and procedures for responding to such requests.

 

INDL7316

Entertainment Law: Legal Regulation of Industry Practices

 

Entertainment Law 2 examines industry-specific approaches with an eye toward transactional practices, insulation from liability, as well as typical workplace and consumer issues. The course covers contracting practices with respect to the following, among others:

  1. Music royalties
  2. Film actor agreements
  3. Liability waivers for reality television and game shows
  4. Contracts regarding credit, pay or play, and profit participation

It also examines recurrent workplace and social issues in the industry, such as the following:

  1. Race and gender discrimination
  2. Sexual harassment
  3. Censorship

 

INDL7313

Entertainment Law: Torts

 

Entertainment Law 1 provides an introduction to the torts that are frequently encountered in the entertainment business. The course covers topics such as the following:

  1. Law of ideas
  2. Copyright law
  3. Trademark law
  4. Privacy torts
  5. Defamation law
  6. Breach of contract

 

HLTH7560

FDA Regulation and Liability

 

This course explores the FDA's extensive regulation of the pharmaceutical and medical device industries, as well the relationship between FDA regulation and state-law tort liability. Topics covered include:

  1. The drug and biologic approval processes

  2. The medical device approval and clearance process

  3. Postmarket obligations and pharmacovigilance

  4. Products liability and federal preemption

  5. FDA enforcement

 

INDL7400

Gaming Law I

 

This course examines laws and regulations that apply to gambling in the United States. Topics covered include definitions of what constitutes gambling; the social, political, and legal history of gambling in the United States; the scope and impact of state regulatory regimes; federal laws that affect the industry; the rise of sports betting; the social consequences of gambling; and tribal gaming.

*Coming Summer 2024

INDL7401

Gaming Law II

 

This course will cover the nature of federalism as it applies to gambling in the United States with a focus on federal statutes that affect gaming. In addition, this course will explore the unique regulatory regimes surrounding Tribal Gaming.

*Coming Summer 2024

HLTH7504

HIPAA Privacy and Security

 

This course explores the federal regulatory scheme designed to protect the privacy and security of health information. Topics covered include:

  1. Entities and information to which HIPAA applies

  2. When consent is required for the use and disclosure of health information

  3. Types of health information requiring heightened protection

  4. Use of health information for research and marketing

  5. Security measures required to protect digitized health information

  6. Individuals’ right to access their health information

  7. Business associate agreements

  8. HIPAA compliance and enforcement

 

HLTH7403

Hospitality Law

 

This course examines legal issues in the hospitality industry, such a licensing, torts, corporate law, and property law. It will also develop skills to facilitate the transactional dimensions of hospitality, including agreements regarding franchising, the creation of hotel chains, and real estate development.

 

HLTH7519

Introduction to Bioethics

 

Introduction to bioethical analysis and application of different bioethical theories to current issues in health care. This course is not focused on legal doctrine per se - it is designed to provide analytical tools to aid in thinking through the ethical dimensions of current legal debates.

*available late 2023

HLTH7404

Introduction to Contracts and Torts*

 

This course introduces students to fundamental common-law concepts and doctrines applicable to a broad range of professional and business relationship transactions. Topics include:

  1. The nature and limits of contractual agreements

  2. Contract formation

  3. Defenses to contact enforcement

  4. Remedies for breach of contract

  5. The concept of reasonable care

  6. Causation

  7. Defenses to tort liability

  8. Business torts

*Course is only open to students with a financial services concentration.

LABR7000

Managing Legal Issues in the Workplace

 

This course explores the core doctrines that govern the employment relationship. Topics covered include:

  1. Definitions of “employee” and “employer”

  2. The employment-at-will doctrine and its principal exceptions

  3. Employee harassment

  4. Antidiscrimination protections

  5. Health and familial leave protections

  6. Diversity in the workplace

  7. Wage and hour laws

  8. Employee privacy

  9. Liability and litigation risk management

 

LABR7570

Managing Whistleblower Risks

 

This course explores the vast array of federal and state laws that protect employees who report misconduct by their employers.  Topics covered include:

  1. Common-law whistleblower protections

  2. State and federal whistleblower statutes

  3. Strategies for managing whistleblowers and whistleblowing

  4. The role of human resources and compliance professionals in the whistleblower management process

 

INDL7500

Patent and Trade Secret Law

 

This course provides an overview of the basic doctrines of patent law, as well as related rights such as trade secret law and drug law exclusivity under the Hatch-Waxman Act. Topics covered include:

  1. Standards and procedures for obtaining patent protection

  2. Patent infringement litigation

  3. The relationship between patent protection and trade secret law

  4. The role of patent law and litigation in the pharmaceutical industry

 

INDL7333

Professional Sports Law & Policy

PUBR7905

Race and the Foundations of American Law

 

This course illuminates the way racial hierarchy has played a role in the development of American law. It examines the historical origins of racial hierarchy beginning in the colonial period and continues that examination through modern legal doctrine. Students will evaluate the continuing impact of the history of white supremacy in areas such as housing, law enforcement, and education. The course concludes with an analysis and critique of some current efforts to repair the harms that have been created by racial hierarchy.

 

INDL7336

Sports Betting & Fantasy Sports

 

This course will cover the history and regulation of sports betting and fantasy sports both before and after 2018. Topics covered will include the limits on sports betting prior to the repeal of the Professional and Amateur Sports Protection Act ("PASPA"), the constitutional challenge to PASPA, and the expansion of sports betting in the United States after PASPA was repealed. In addition, this course will address gaming as it relates to both fantasy sports and esports.

*Coming Summer 2024

HLTH7690

Stark Law and Compliance

 

This course provides an opportunity to explore, in-depth, the federal physician self-referral prohibition, known as the Stark Law. Topics covered include:

  1. Key elements of the Stark Law
  2. Regulatory exceptions to the Stark Law
  3. Identification of non-compliance
  4. Implications of Stark Law violations
  5. Mitigating risk of legal exposure under Stark
  6. Structuring compliant physician relationships

 

HLTH7660

The Law of Patient Care

 

This course provides an overview of key legal, ethical, and regulatory issues related to the provision of medical care. Topics covered include:

  1. The formation and termination of the provider-patient relationship

  2. The Emergency Medical Treatment and Active Labor Act (EMTALA)

  3. Medical malpractice

  4. Informed consent

  5. Medical confidentiality (including HIPAA compliance)

  6. Treatment decisions for patients who lack decision-making capacity

  7. Treatment decisions for children and adolescents

  8. Mental health treatment

 

INDL7332

Title IX and Gender Equity in Sports

INDL8302

Trademark and Unfair Competition

 

This course explores common law and statutory protection of ideas, trade secrets, and trademarks. Topics covered include:

  1. Acquisition and loss of trademark rights

  2. Registration and licensing

  3. Problems of infringement, dilution, and misappropriation of trademarks

  4. Fair use and Internet use of trademarks and related remedies

 

LABR7600

Workplace Privacy Law

 

This course examines the modern realities of privacy in the workplace, covering the kinds of personal information an employer may want to learn about an employee, or prospective employee, as well as the kinds of monitoring an employer may conduct in relation to employees: email monitoring, social media monitoring, drug testing, and even DNA testing. Attention is paid to the use of new technologies, including digital technologies and biotechnological advances, that enable new forms of incursion into employee privacy. The course surveys the current patchwork of American laws that apply to workplace privacy, including principles of constitutional law, tort law, contract law and federal statutes that protect employee privacy. Some comparison is made with laws in other countries, specifically countries of the European Union, as these laws are increasingly relevant to organizations that operate across national borders.

 


Courses denoted with * require prior written approval from Academic Director.


 
 

Division of Online Learning

[email protected] | 973-642-8747 or 973-761-9000 ext. 8747