Home | Databases | WorldLII | Search | Feedback Edited Legal Collections Data

Johnson, Lyman P.Q. --- "Protecting mutual fund investors: an inevitable eclecticism" [2018] ELECD 841; in Birdthistle, A. William; Morley, John (eds), "Research Handbook on the Regulation of Mutual Funds" (Edward Elgar Publishing, 2018) 141

Book Title: Research Handbook on the Regulation of Mutual Funds

Editor(s): Birdthistle, A. William; Morley, John

Publisher: Edward Elgar Publishing

ISBN: 9781784715045

Section: Chapter 6

Section Title: Protecting mutual fund investors: an inevitable eclecticism

Author(s): Johnson, Lyman P.Q.

Number of pages: 23

Abstract/Description:

The chapter examines the variety of approaches taken on investor protection since 1940 and argues that making efforts on many fronts is the best—and probably the only politically viable—regulatory strategy. Specifically, it considers board-centered, investor-centered, SEC-centered, and market-centered solutions. Though it is found that all are flawed by themselves, and that each could be improved, the medley of their combined effect may be the best protection for investors.