Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Law (2)
- Mutual funds (2)
- Securities regulation (2)
- Broker-dealer regulation (1)
- Broker-dealers (1)
-
- Business judgement rule (1)
- Corporate governance (1)
- Corporate law (1)
- Financial institutions (1)
- Financial services (1)
- Financial services regulation (1)
- Hedge funds (1)
- Investment Advisers Act of 1940 (1)
- Investment Company Act of 1940 (1)
- Investment adviser regulation (1)
- Private funds (1)
- Sarbanes-Oxley (1)
- Securities Act of 1933 (1)
- Securities Exchange Act of 1934 (1)
- Social enterprise law (1)
Articles 1 - 3 of 3
Full-Text Articles in Law
Law’S Facilitating Role In The Field Of Social Enterprise., Evelyn Brody
Law’S Facilitating Role In The Field Of Social Enterprise., Evelyn Brody
All Faculty Scholarship
A Review of Dana Brakman Reiser and Steven A. Dean. Social Enterprise Law: Trust, Public Benefit, and Capital Markets. New York: Oxford University Press, 2017, 216 pp., $44.95 (hardback) ISBN 978-0-19-024978-6To appreciate the contribution of Professors Dana Brakman Reiser and Steven A. Dean in their pathbreaking volume on social enterprise law, we must begin by recognizing what we are not discussing. As the authors declare: “social enterprises are not charities” (p. 165). By definition, social enterprises are businesses, and thus not subject to the nondistribution constraint so familiar to nonprofit scholars and practitioners. An impact investor seeks profit, perhaps limited …
Downstream Securities Regulation, Anita Krug
Downstream Securities Regulation, Anita Krug
All Faculty Scholarship
Securities regulation wears two hats. Its “upstream” side governs firms in connection with their obtaining financing in the securities markets. That is, it regulates firms’ and issuers’ offers and sales of securities, whether in public offerings to retail investors or in private offerings to institutional investors. Its “downstream” side, by contrast, governs financial services providers, who assist with investors’ activities in those markets. Their services include providing advice regarding securities investments, as investment advisers do; aggregating investors’ assets for purposes of enabling those investors to invest their assets collectively, as mutual funds do; and acting as “middlemen” between buyers and …
Escaping Entity-Centrism In Financial Services Regulation, Anita Krug
Escaping Entity-Centrism In Financial Services Regulation, Anita Krug
All Faculty Scholarship
In the ongoing discussions about financial services regulation, one critically important topic has not been recognized, let alone addressed. That topic is what this Article calls the “entity-centrism” of financial services regulation. Laws and rules are entity-centric when they assume that a financial services firm is a stand-alone entity, operating separately from and independently of any other entity. They are entitycentric, therefore, when the specific requirements and obligations they comprise are addressed only to an abstract and solitary “firm,” with little or no contemplation of affiliates, parent companies, subsidiaries, or multi-entity enterprises. Regulatory entity-centrism is not an isolated phenomenon, as …