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Established in 1818, Brown Brothers Harriman & Co. ("BBH") is the only major private
commercial bank operating in the U.S. today. With offices located globally, BBH provides
banking, custodial, investment advisory and trustee services to a variety of institutional clients.
Through its Investor Services group, BBH provides custody, accounting and administration
services to various investment vehicles including mutual funds, private funds and separate
accounts. The selected intern will work with the Legal Administration group providing corporate
secretarial and regulatory services to mutual fund clients.
With over $850 billion in assets under management, Natixis Global Asset Management
(“Natixis”) is one of the fifteen leading asset management companies in the world. Natixis’
Boston based Legal/Compliance Department possesses extensive expertise in all aspects of
corporate governance, disclosure and other regulatory matters affecting mutual funds, separately
managed accounts and their service providers including investment advisers, sub-advisers,
distributors and transfer agents. Working within the Natixis Legal/Compliance Department, the
intern will be exposed to and work on projects concerning one or more of the following areas:
investment product structure and disclosure; the roles and legal obligations of the various service
providers; corporate governance; compliance with regulatory requirements and established
policies and procedures; and due diligence.
Faculty comments
: The course is primarily lecture based with class participation strongly
encouraged. While the course will give primary emphasis to legal doctrine, it will also emphasize
some practice-oriented issues such as drafting disclosure and investment advisor contracts;
making board presentations; and working with compliance policies and procedures. As part of
the practice-oriented materials, there may be several written assignments and in-class exercises.
Grading will be based primarily on a two-part final exam (a take-home essay and an exam period
multiple-choice test) and to a lesser degree on three practice-oriented exercises. Completion of or
concurrent enrollment in Securities Regulation is strongly recommended but not required.
In addition, a limited number of students enrolled in this course will be eligible for placement in
designated internships intended to complement the subject matter of this course. The designated
internships will be for a minimum of 3 credits and enrollment in Investment Management
Regulation will satisfy the classroom requirement for the internship. The Law School's Business
Law and Financial Services Concentration has worked closely with three providers of investment
management services. Students interested in the internship option should contact the
Administrative Director of the Business Law and Financial Services Concentration when
registering for Investment Management Regulation and consult applicable internship
requirements.
Elective Course
Meets Skills Menu Requirement
Meets Financial Services Concentration Requirements
Final Exam Required
<<Course Updated: March 11, 2016>>