Mutual Funds Structure and Risk
An interview with Prof. John Morley
Mutual funds in the US own about 1/3 of all American corporate stocks and currently hold over $16 trillion in assets, making mutual funds the largest category of household financial assets. So when it comes to the US economy, they matter in a big way. Professor John Morley of Yale Law explores the unique structure of mutual funds that creates risks and opportunities for funds and investors.
About Prof. John Morley
“Law firms don’t just collapse—they blow up. They go up in a ball of fire.”
Professor John Morley of Yale Law School is an expert in organizational law and investment management. He teaches courses on business organizations and securities regulations. He was an Associate Professor of Law at the University of Virginia School of Law and the director of the school’s Law & Business Program. Prior to that, he served as an Associate Research Scholar and John R. Raben/Sullivan & Cromwell Executive Director of the Yale Law School Center for the Study of Corporate Law. Following law school, he practiced law as an associate at Covington & Burling LLP in the Corporate and Securities Group. Professor Morley has authored numerous publications on mutual funds, investment funds, and financial regulations.
