David Zaring’s scholarship addresses administrative and regulatory law from an international perspective. Professor Zaring comes to Wharton from the Washington & Lee University School of Law. At Washington & Lee, he was an assistant professor and Alumni Faculty Fellow from 2005 to 2007. He had previously served as Acting Assistant Professor in the Lawyering Program at New York University School of Law from 2002 to 2005, and as a visiting professor at Vanderbilt Law School in the fall of 2007. After graduating magna cum laude from Harvard Law School, Professor Zaring clerked for Chief Judge William Matthew Byrne Jr. of the U.S. District Court for the Central District of California and then for Judge Judith Rogers on the US. Court of Appeals for the D.C. Circuit. He served as a trial attorney for the U.S. Department of Justice in the Federal Programs Branch of the Civil Division and as a special assistant to the General Counsel in the U.S. Department of Housing and Urban Development before entering the academy.
- Harvard Law School, J.D., magna cum laude, 1996;
- Swarthmore College, B.A. with high honors, major in History, minor in Political Science, 1992.
Associate Professor of Legal Studies & Business Ethics
The Wharton School
- Legal Studies and Business Ethics
Capitol Hill Testimony
- Professor David Zaring testified before the GOP Financial Services, Subcommittee on Oversight and Investigations (Committee on Financial Services) . The hearing entitled, “The Arbitrary and Inconsistent Non-Bank SIFI Designation Process” was held March 28, 2017. (PDF of Professor Zaring’s submitted testimony)
- Professor David Zaring testified before the U.S. House of Representatives Committee on Financial Services, Subcommittee on Housing and Insurance. The hearing, titled, “The Impact of International Regulatory Standards on the Competitiveness of U.S. Insurers: Part II” was held February 25, 2016. Zarings’ testimony focused on three points:
- International financial regulatory standards protect American consumers and American financial stability by creating a level playing field for financial market participants and by preventing disruptive financial contagion that starts elsewhere.
- The U.S. has traditionally been a leader in formulating standards in matters of international regulatory cooperation, a role that would be threatened by legislation that ties the hand of its representatives.
- Transparency is not helped, and substantial burdens are imposed by, imposing too many procedural requirements on the deliberation and negotiation process itself.
Daniel Schwarcz, David Zaring (2017). Regulation by Threat: Dodd-Frank and the Nonbank Problem, The University of Chicago Law Review, 84 (4), 1813-1881.
David Zaring (2016). Free Trade Through Regulation?, Southern California Law Review, 28.
David Zaring (2016). Financial Reform’s Internationalism, Emory Law Journal, 65 (5), 1255.
David Zaring (2016). Enforcement Discretion at the SEC, Texas Law Review, 94 (3), 1155.
David Zaring (2015). Legal Obligation in International Law and International Finance, Cornell International Law Journal, 45.
David Zaring (2015). Law and Custom on the Federal Open Market Committee, Law and Contemporary Problems, 32.
David Zaring (2015). After the Deal: Fannie, Freddie and the Financial Crisis Aftermath, Boston University Law Review, 95 (3), 371-426.
Jean Galbraith and David Zaring (2015). Soft Law as Foreign Relations Law, Cornell Law Review, 99 (4), 735-794.
David Zaring (2014). Litigating the Financial Crisis, Virginia Law Review, 78.
David Zaring (2014). Finding Legal Principle in Global Financial Regulation, Cornell Law Review, 99 (4), 735-794.
David Zaring (2013). Against Being Against the Revolving Door, University of Illinois Law Review, 2013 (2), 507-550.
David Zaring (2013). Sovereignty Mismatch and the New Administrative Law, Washington University Law Review, 91 (1), 59-112.
David Zaring (2012). Regulating by Repute, Michigan Law Review, 16.
The Senate Committee on Banking, Housing, and Urban Affairs met to evaluate the US-EU Covered Agreement on insurance and reinsurance regulation. Witness testimony clarified the negotiation process and examined potential implementation costs. Wharton Professor David Zaring took the broad view that given the context of the financial crisis from which the agreement originated, the US would benefit from maintaining a global leadership position and deepening international cooperation through the exchange of information.(PDF of Professor Zaring’s submitted testimony)