Spring 2013 Section 001
Law 275: Advanced Securities: Law and Economics of Investment Management

Schedule: Day Class
Johnsen, D. Bruce
Credit Hours: 3
CRN: 20526
Day(s): Tuesday, Thursday
Location: Hazel Hall 222
Time: 4:00pm-5:15pm
Enrollment Limit: Please see Patriot Web
Online: Online access through TWEN
Syllabus: Go to syllabus
Course Documents: No documents listed.
Exam Date/Time: 04-27-2013 12:00 noon
Prerequisites: None
General Description: This course examines the law and economics of investment advisors, investment companies, mutual funds, and pension funds. These institutions currently manage a large and rapidly increasing share of America's wealth, and further expansion is especially likely with the growing impetus to privatize social security. Yet little is known about their internal organization, the critical contracting and property rights issues they face in financial markets, or the sources of regulation that influence them under the Securities Exchange Act (1934), the Investment Advisors Act (1940), the Investment Company Act (1940), or the Employee Retirement Income Security Act (1974). The course will use basic financial theory and property rights analysis to examine the law that shapes these increasingly vital institutions, with the objective of understanding their internal organization and external environment. This course is an elective in the Corporate and Securities Track. Financial Theory recommended but not required.