In this lunchtime seminar, the UNSW CIBEL Centre will host Professor Arthur Laby (Rutgers Law School). The session will be chaired by Associate Professor Kun Fan (CIBEL).
Abstract
Although it has slowed recently, U.S. investment in China remains high. This includes investment in key sectors such as technology, automobiles, startups, and venture capital. US investment in China raises important questions about the US investment management industry, such as who are the major players, what are the differences among various types of asset managers, who are the relevant regulators, and why does regulation appear dispersed? It also raises questions about the duties and obligations under which US investment managers operate when they determine which investments are appropriate. Although asset management regulation can appear complex and disjointed, I argue for an underlying coherence of the regulatory regime based on fundamental principles that unify the field.
About the speaker
Arthur Laby is Vice Dean, Professor, and Co-Director of the Center for Corporate Law and Governance at Rutgers Law School in New Jersey. He is a recognized expert in securities law, the regulation of investment management, and the fiduciary relationship. His research focuses on investment management regulation, the duties of market participants, and the fiduciary obligation. Previously he served as Assistant General Counsel for the U.S. Securities and Exchange Commission and worked in private practice.