Georgia Journal of International and Comparative Law, Vol. 3, No. 2 (1973), pp. 215-256


The purpose of this article is to provide a framework for the comparative and critical examination of the West German Statute Concerning the Distribution of Foreign Investment Shares and the Taxation of their Proceeds of 28 July 1969 and the OECD Standard Rules. The reference point for this framework is the United States Investment Company Act of 1940 which is not only the most pervasive of the regulatory schemes affective collective investment institutions but also undoubtedly the scheme most familiar to most readers. This article will identify a number of the areas in which the American experience with the Investment Company Act of 1940 has obviously been utilized in this process and will provide several suggestions as to the manner in which further contributions to the regulatory process might be drawn from comparative and empirical studies.