Mutual Fund Law Handbook [Ring-bound]

James M. Storey (Author), Thomas M. Clyde (Author)

Book Description

Publication Date: September 1, 1998

The contemporary legal adviser is under great pressure to respond accurately and quickly in today's explosive growth climate for mutual funds. Storey and Clyde put you in a position to do so with their thorough treatment of all the issues in 34 chapters written in common-sense English, making the Handbook a joy to consult as well as a practitioner's Bible.

Answers Day-to-Day Questions

The Handbook is intended to deal with the day-to-day questions that arise in counseling open-end funds. All aspects of funds are discussed including planning, organization, administration and regulation.

This is a masterwork you will consult regularly.

9 Reasons This Handbook Belongs on Your Desk Right Now

1. Easy-to-Read Style The straightforward form of presentation makes this a useful resource for lawyers, compliance officers and other executive at law firms, funds, investment management firms and other financial companies.

2. Authors are Genuine Experts Put decades of experience within easy reach. St

Editorial Reviews

Review

"...A rare gem: a simple guide through the complex of mutual fund law and regulation.... It sets out quite clearly what the law is, why it is so and what it is that a fund sponsor, adviser or service provider ought to do. It is exactly the practical tool that any associate in a law firm, in house counsel or compliance officer should read. It quickly imparts the principles and related documents that give life to a mutual fund. I know from personal experience that the sample documents in the text reflect decades of practice by lawyers who laid the ground work for many successful clients over the years." -- Stuart E. Fross General Counsel, Fidelity International Limited

"Jim Storey is one of the most experienced practitioners in the investment company bar and gives us the benefit of that experience in a highly readable form." -- Richard W. Grant Partner, Morgan, Lewis & Bockius, LLP, Philadelphia

About the Author

James M. Storey, Esq., a graduate of Harvard Law School, has had a distinguished career as a lawyer specializing in investment company matters. He has been a partner at Gaston, Snow, Motley & Holt and a partner and founder of the Boston office of Dechert Price & Rhoads.

Since retiring he has served as an independent trustee on several mutual fund boards and has acted as legal counsel to several other groups of independent trustees.

Throughout his career his major area of practice has been in the mutual fund field. He has represented investment advisors, open and closed-end funds, independent trustees and promoters of fund groups, in public offerings, acquisitions of assets and day-to-day fund business. He is a member of the Massachusetts bar.

Thomas M. Clyde, Esq. is the author of several books and articles on securities and investment law. He is the former Associate General Counsel of the Bank of New England Corporation. He is a graduate of Harvard Law School.

Product Details

• Ring-bound: 400 pages
• Publisher: Glasser Legalworks; 1 edition (September 1, 1998)
• ISBN-10: 1888075686
• ISBN-13: 978-1888075687
• Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #9,982,111 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

4.0 out of 5 stars A Unique Offering in the Legal Publishing World, June 8, 1999

By A Customer

This review is from: Mutual Fund Law Handbook (Ring-bound)

Review from "Legal Information ALERT," pages 10-11, Vol. 18, No. 4, April 1999 FINANCIAL SERVICES Mutual Fund Law Handbook, James M. Storey and Thomas M. Clyde This handbook focuses on the popular investment vehicle known as the mutual fund, specifically, with the federal regulatory and administrative issues associated with it. It is intended as a desk reference for in-house counsel, compliance officers, and others who work within mutual fund groups, as well as lawyers and law firms with practices that necessitate an understanding of mutual fund law. The authors are Harvard-educated lawyers, each with many years of experience in the field. The Mutual Fund Law Handbook begins with a brief history of the Investment Company Act of 1940 and related legislative and regulatory events that gave birth to the mutual fund. The authors then trace the life cycle of such investment vehicles, with chapters devoted to the organization, capital structure, and administration of mutual funds. In the final chapter, they explain the different types of mutual funds (money market, closed-end, hedge) and also provide insight into the role of investment advisers and the SEC. Interspersed throughout each chapter are checklists and sample forms. In addition to the substantive text, this handbook provides a number of valuable finding aids. These include a detailed general index, a statutory index, and an abbreviations list that enables readers to identify terms used throughout the text and, generally, in the field of investment law. Storey and Clyde have produced a resource that appears to be a unique offering in the legal publishing world, as I was not able to locate a comparable work. The language and style is straightforward and easy to understand for the nonexpert.... The Mutual Fund Law Handbook is most appropriate for corporate or private law libraries with users specializing in investment law....