About

Professor Lissa Lamkin Broome is involved with the Center for Banking and Finance at UNC School of Law, where she works closely with the North Carolina Banking Institute journal and the Banking Institute continuing legal education program. She serves as the faculty advisor for the journal, which publishes student notes and comments and interacts with banking industry professionals. Professor Broome's role includes guiding students in their journal work, attending the Banking Institute, and collaborating with the center’s board of advisors. She also participates in programs such as the Banking Institute, a two-day continuing legal education event for bankers and lawyers, and is involved in various enrichment opportunities for students, including practitioner visits, research assistantships, and career development activities.

Research topics

• Political Science
• Business
• Law
• Sociology
• Law and economics
• Computer Science
• Finance
• Economics
• International economics
• Medical emergency
• Medicine
• Accounting
• International trade
• Mathematics

Selected publications

• Foreward

  North Carolina Banking Institute · 2026-03-01

  articleOpen accessSenior author
  PublisherOA PDF

• From the Great Recession to the COVID-19 Pandemic: A Financial History of the United States 2010-2020 —A Comparison of the Government’s Response to the Two Financial Crises that Bookended the 2010 to 2020 Decade

  FIU Law Review · 2024-03-19

  articleOpen access1st authorCorresponding

  This article compares the government's legislative and regulatory response to each of the two financial crises that bookended the 2010-2020 decade and how the response to the COVID-19 crisis was affected by various provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act enacted in 2010 in response to the 2008 financial crisis. The article concludes with six lessons we learned from these two financial crises experienced in relatively short order: act fast, act with force, act on multiple fronts, regain or retain citizens' confidence in the financial system, ensure access to liquidity, and aid those who are struggling.

  PublisherOA PDFDOI

• A US Perspective on Equivalence

  European Business Organization Law Review · 2023

  1st authorCorresponding
  • Political Science
  • Business
  • Law and economics
  PublisherDOI

• United States of America

  Oxford University Press eBooks · 2022

  1st authorCorresponding
  • Political Science
  • Business
  • Law

  Abstract In the United States there is limited liability for financial supervisors and resolution authorities. Although the Federal Tort Claims Act (FTCA) permits suit against the United States for certain torts to provide compensation for those injured by government wrongdoing, the statute has a significant exception for discretionary functions. This exception has been interpreted to cover most conduct of federal financial regulators. When a bank becomes insolvent, however, the Federal Deposit Insurance Corporation (FDIC) is appointed as its receiver and assumes all of the bank’s rights, including the ability to sue its former officers and directors for liability. In such suits, the officers and directors often assert affirmative defences based on the FDIC’s own conduct. The affirmative defences, if successful, only reduce the amount of the FDIC’s claims against the defendants and do not serve as a positive theory for recovery against the FDIC. Liability has been found, however, when the government promised the benefit of particular accounting practices to depository institutions that purchased failed thrifts but later enacted legislation that precluded the application of those accounting practices.

  PublisherDOI

• Foreword

  eYLS (Yale Law School) · 2022-03-01

  articleSenior author
  Publisher

• Foreword

  eYLS (Yale Law School) · 2021-03-01

  articleSenior author
  Publisher

• 2021: Disciplining Physicians Who Inflict Harm: New Legal Resources for State Medical Board Members

  2021 · 1 citations

  • Political Science
  • Sociology
  • Business

  Serious ethical violations among physicians undermine public trust in the healthcare system and cause serious harm to patients. Egregious forms of wrongdoing that direct harm patients, such as sexual abuse, wrongful prescribing of controlled substances, and unnecessary surgeries, are particularly alarming. State medical boards are tasked with protecting the public by ensuring that physicians adhere to ethical guidelines and appropriate standards of care. However, it is unclear why boards sometimes fail to remove seriously offending physicians from practice in a timely manner or what measures would make boards more effective in protecting patients from harmful misconduct.\nThis conference will present the findings of an innovative Greenwall Foundation funded project that provides solutions to this problem. Working directly with state medical board members and other experts, the researchers have developed a consensus on the most important tools and practices needed to protect the public when physicians are accused of egregious wrongdoing, as well as barriers to adopting those tools and practices. The conference will focus on these findings and invite response to a carefully chosen set of recommendations for state statutory provisions for discussion.

  Publisher

• Banking on Blockchain

  eYLS (Yale Law School) · 2019-01-01

  articleOpen access1st authorCorresponding

  can be used to raise capital for businesses. 2 But, the banking industry is one of the first industries to leverage the capabilities of blockchain. 3 In Part I, I will explore the involvement of banks and others in using blockchain for cross-border payments, the transfer of money from one country to a person or entity in another country-a function previously handled exclusively by banks without blockchain technology.Part II will briefly explore other potential applications of DLT in banking and discuss the involvement of banks with DLT through in-house technology development, forming consortia with other banks, or partnering with or investing in fintech firms.Fintech is the new buzz word that is short for financial technology.Fintech firms use technology to improve efficiencies in finance and financial transactions.In Part III, I will discuss how fintech firms may get involved in financial services in addition to partnerships with banks.Fintech firms may continue to operate independently and hope to reduce their regulatory burden through uniform state licensing requirements or by operating in states that have adopted regulatory sandboxes to encourage innovation.Alternatively, fintech firms may wish to consider the advantages afforded by operating through a bank charter.Several bank charter options are explored: a traditional bank charter, a 2 See generally Thomas Lee Hazen, Tulips, Oranges, Worms, and Coins -Virtual, Digital, or Crypto Currency and the Securities Laws, 20 N.C.J.L. & TECH.493 (2019) (examining applicability of federal securities laws to cryptocurrencies and the consequences thereof to transactions that deal in digital currencies).3 Blockchain is Reshaping the Banking Sector, MEDIUM (June 6, 2018), https://medium.com/universablockchain/blockchain-is-reshaping-the-banking-sector-fd84f2f9c475[https://perma.cc/Z989-DR9J]("Universa [develops blockchain solutions for] real sectors of the economy.Banking is one of the most promising spheres to benefit from the advantages of blockchain.");see also

  Publisher

• Securitization, Structured Finance, and Capital Markets

  Medical Entomology and Zoology · 2018-01-18 · 28 citations

  bookOpen accessSenior author
  Publisher

• The Evolution of the Voice and Vote of Student-Athletes in NCAA Division I Governance

  eYLS (Yale Law School) · 2018-01-01 · 1 citations

  articleOpen access1st authorCorresponding

  This paper explores the evolution of the student-athlete voice and vote in the NCAA Division I governance structure.

  PublisherOA PDF

Frequent coauthors

• Kimberly D. Krawiec

  University of Virginia

  12 shared

• John M. Conley

  University of North Carolina at Chapel Hill

  12 shared

• Jerry W. Markham

  4 shared

• Jennifer D. Oliva

  1 shared

• Bruce A. Markell

  1 shared

• Tristan McIntosh

  Washington University in St. Louis

  1 shared

• Peter Aiken

  Virginia Commonwealth University

  1 shared

• John Charles Boger

  1 shared

Education

• B.A., Political Science

  University of North Carolina at Chapel Hill

  1982

• Other

  University of North Carolina at Chapel Hill

  1985

• M.A., Public Policy

  University of North Carolina at Chapel Hill

  1988

• Ph.D., Public Policy

  University of North Carolina at Chapel Hill

  1991

Awards & honors

• McCall Award for Teaching Excellence (1986)
• McCall Award for Teaching Excellence (1992)
• McCall Award for Teaching Excellence (1995)
• McCall Award for Teaching Excellence (1998)
• Induction into the McCall Master Teachers' Society for Teach…