LAW 1073: Law of Investment Management
Spring 2021 • Section 21 • CRN 45966

Course Description

Investment Management Law would be an introduction to the primary federal statutes and administrative regulations that govern investment advisers and investment companies (primarily mutual funds). The course would focus on the Investment Advisers Act of 1940, the Investment Companies Act of 1940, the regulations promulgated by the U.S. Securities and Exchange Commission thereunder, and selected judicial opinions and SEC guidance interpreting those statutes and regulations. In addition, the course work would focus on the application of those statutes and regulations to various “real world” scenarios. While not prerequisite, it would be helpful for a student to have taken an introductory course on federal securities law regulation (Securities Act of 1933) and a course on business organizations. Over the years, students who have focused on this industry (either in-house or in private practice) or in broader business/securities law practice have found this course to be useful background for their careers. In addition, this is an increasingly important industry nationwide and is a prominent industry in the Philadelphia area.

Book List/Materials