Evaluate the need for regulatory disclosures to prospective and current investors of pertinent investment information
Analyze the relationship between investment advisers and the funds they advise with particular reference to the role of independent directors of investment company boards
Identify the regulatory requirements in relation to codes of conduct and compliance programs
This course examines mutual funds (investment companies) and other related entities like hedge funds and private equity funds. Topics covered include the Investment Company Act of 1940, the Investment Advisers Act Of 1940, the Dodd-Frank Act, the Sarbanes-Oxley Act, the role of the CFTC in regulating this market, fiduciary duties, the relationship between funds and their broker-dealers, and compliance and ethics programs.