CAPITAL MARKETS: ASSET MANAGEMENT AND RELATED POLICY ISSUES
The first part of this course provides an overview of the asset management industry and its regulation.
Although there is no single definition for the industry, the course generally covers public and private investment funds and the industry components that serve those funds.
The course also illustrates some of the industry’s key risk exposures and the regulations designed to disclose, monitor, and mitigate them.
The second part of this course considers current trends and policy issues, including (1) whether the asset management industry affects the financial stability of the United States; (2) whether regulation of the asset management industry provides sufficient protection for the retail investors who invest money in the industry; and (3) the impact of financial technology, or “fintech,” on the industry, and whether the current regulatory framework is adequate to address these new technologies.