Sovereign Wealth Funds: The Evolving Legal and Regulatory Landscape (2008)
John Walker and Mark Chorazak discuss the evolving legal and regulatory landscape applicable to sovereign wealth funds in an article published by The Washington Legal Foundation.
Their article focuses on investments by sovereign wealth funds in U.S. banking and financial institutions and addresses questions raised by the interplay of the roles of the Committee on Foreign Investment in the United States and the Federal Reserve Board. In addition to providing an overview of the economic and social history of these increasingly prominent --- and controversial --- investment vehicles, the article reviews some of the multilateral efforts that are being taken to make their operations more transparent.