Open AccessRegulation of Institutional Investment in Alberta
Author(s) -
Bernard W. Crotty
Publication year - 1992
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr1222
Subject(s) - statutory law , investment (military) , portfolio , business , investment portfolio , law and economics , modern portfolio theory , public economics , accounting , economics , actuarial science , finance , law , political science , politics
This article is an analysis of how various types of institutions in Alberta are currently regulated in respect of their investment activities both at common law and pursuant to specific statutory measures. It is suggested that the current largely legal list approach to regulation is not effective and does not allow for the application of modern financial techniques, such as portfolio theory. Crotty concludes by discussing how other jurisdictions have approached this issue and advocates the general adoption of prudent investment standards in Alberta and a larger evaluation of the role of Alberta institutions.