The Revolution in Trust Investment Law

Langbein, John H.; Posner, Richard A.
July 1976
American Bar Association Journal;Jul76, Vol. 62 Issue 7, p887
Academic Journal
Discusses the trust investment law in the United States. Judicial approval expected for market fund designed to meet investment standards; Risk of surcharge facing trustees who persist in using the methods established prior to market fund; Advantages of built-in diversification; Objections to market funds.


Related Articles

  • Overwhelming House Vote For Mutual Fund Reform. Brostoff, Steven // National Underwriter / Life & Health Financial Services;11/24/2003, Vol. 107 Issue 47, p3 

    Focuses on the mutual fund reform legislation approved by the U.S. House of Representatives. Provisions of the bill; Plan of the Congress to coordinate with the Senate to develop the strongest possible bill.

  • Regulation of Series Investment Companies Under the Investment Company Act of 1940. Fleming, Joseph R. // Business Lawyer;Aug89, Vol. 44 Issue 4, p1179 

    Analyzes the regulation of series investment companies under the Investment Company Act of 1940 in the United States. Definition of investment company; Classifications and activities of investment company; Overview of the Investment Company Act of 1940.

  • Investment Company Act hits 60. Anand, Vineeta // Pensions & Investments;10/2/2000, Vol. 28 Issue 20, p72 

    Focuses on issues concerning the 1940 Investment Company Act in the United States. Implication of the act implementation for the mutual fund industry; Reasons for the success of the act; Notion on the amendment of the act; Scope of the provisions of the act; Concern over the protection of...

  • Securities regulation of mutual funds: A banker's primer. Riggs, David E.; Rosselot, Robert C.; West, Melanie Mayo // Banking Law Journal;Oct96, Vol. 113 Issue 9, p864 

    Explains how mutual funds are regulated by the federal securities laws in the United States, particularly the Investment Company Act of 1940. Regulation through disclosure; Regulation through statutory prohibitions; Regulation through the Board of Directors; Role of the Securities and Exchange...

  • CURRENT PROBLEMS IN THE REGULATION OF MUTUAL FUND SELLING PRACTICES. Gopman, Howard Z. // Business Lawyer;Jan1969, Vol. 24 Issue 2, p409 

    Discusses the controversies in the regulation of mutual fund selling in the United States. Criticisms on the Investment Company Act of 1940; Increase in the number of mutual fund shareholders; Role of fund directors in the sales relationship.

  • APPENDIX 2 : European directives.  // French Financial Markets;1995, p188 

    The article details the provisions of the European Council directive 93/22/EEC of May 10, 1993, which governs the investment services in the securities field. The definitions of key terms as mentioned in the directive, such as investment service, investment firm, credit institution and...

  • Laying Down Some Rules For Mutual Funds. Rosenfeld, Mordecal // New Republic;1/7/67, Vol. 156 Issue 1, p13 

    Discusses the contents of a report on mutual funds prepared by the U.S. Securities and Exchange Commission (SEC) in July 1966. Types of fees paid by mutual fund investors in the country; Background on the concept of reciprocal brokerage; Reforms on mutual fund regulations sought by the SEC.

  • Florida senators leading way to REIT rule changes. Webb, Bailey // National Real Estate Investor;Jun99, Vol. 41 Issue 7, p10 

    Provides information on the Real Estate Investment Trust Modernization Act of 1999 introduced by Senators Connie Mac (R-Fla.) and Bob Graham (D-Fla.). Explanations from Mac and Graham on the rules concerning real estate investment trusts; Remarks from Steven A. Wechsler, president and chief...

  • Baker's Mutual Funds Integrity Bill No Piece of Cake.  // Money Management Executive;6/30/2003, Vol. 11 Issue 26, p7 

    Highlights the impact of the Mutual Funds Integrity and Fee Transparency Act of 2003 sponsored by U.S. Representative Richard H. Baker (R-La.) on the mutual fund industry. Objective of the proposed bill; Analysis of the bill's provision on personal compensation; Limitation of the bill.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics