Fall 2024

5397 Investment Management & Reg - DAVIDSON- 25322

Professor(s): Peter Davidson (ADJUNCT)

Credits: 3

Course Areas: Business and Commercial Law

Time: 7:30p-9:00p TTH Location: 221

Course Outline: With approximately $30 trillion in assets under management registered investment companies (commonly referred to as mutual funds and now ETFs) perform a significant role in raising and deploying capital within the U.S. financial system. This course is designed to familiarize students with the legal and regulatory framework of the investment management industry. The course gives primary emphasis to applicable federal securities law requirements found in the Investment Company Act of 1940 and the Investment Advisers Act of 1940. The principal legal topics covered include: the definition of “investment company” and “investment adviser”, prohibitions and regulations relating to conflicts of interest, disclosure obligations of investment companies, and the governance of such entities. The course also examines the role of the Securities and Exchange Commission (“SEC”) in regulating the investment management industry and the responsibility of legal counsel in practicing before the SEC.

Course Syllabus: Syllabus

Course Notes: (Face-to-Face) The UH registration system instruction mode for this course is listed in parenthesis. For this instruction mode, instructors and students are expected to normally be physically present in the classroom. If the course has a final examination, it will be in a classroom requiring your physical presence. Other assessment, such as a mid-term exam, may also be in a classroom. Whether this instructor will offer “remote presence” (starting a zoom meeting from the podium computer to enable student remote access on an occasional basis) for part or all of the semester is not known, but students should not rely on an expectation that remote presence will be available.

Quota=15.

Prerequisites:

First Day Assignments:

Final Exam Schedule: 12/10/2024

This course will have:
Exam:
Paper:

Satisfies Senior Upper Level Writing Requirement: No

Experiential Course Type: simulation

Bar Course: No

DistanceEd ABA: No

Pass-Fail Student Election: Unavailable (Instructor Preference)

Course Materials

Book(s) Required