73 Pages Posted: 9 Aug 2017 Last revised: 6 Sep 2017
Date Written: July 19, 2017
This essay, written for the Conference on the New Special Study of Securities Markets at Columbia Law School, identifies the key regulatory challenges posed by institutional intermediaries in America’s capital markets. We survey existing legal and economic research and suggest new areas for regulatory reform and scholarly inquiry. We cover registered investment companies (such as mutual funds), private investment funds (such as hedge funds and private equity funds), credit-rating agencies, and broker-dealers.
Keywords: Institutional intermediaries, mutual funds, hedge funds, private equity funds, credit rating agencies, brokers, dealers
JEL Classification: G23, G24
Suggested Citation: Suggested Citation
Ferrell, Allen and Morley, John, New Special Study of the Securities Markets: Institutional Intermediaries (July 19, 2017). Yale Law & Economics Research Paper No. 580. Available at SSRN: https://ssrn.com/abstract=3005542