John D. Morley

Visiting Professor of Law (Spring 2019)

John D. Morley

Visiting Professor of Law (Spring 2019)

John Morley is a Professor of Law at Yale Law School. Morley is a leading expert on the regulation and structure of investment funds, including mutual funds, private equity funds and hedge funds. His research on investment funds is one application of a broader interest in the law and economics of organization. Morley’s other research on organization includes a study of why law firms collapse and a history of the common law trust as a substitute for the corporate form. He also writes about the law of trusts and estates and serves as the reporter for the Uniform Directed Trust Act. Morley has taught classes on business organizations, securities regulation, trusts and estates, and investment management regulation.

Areas of Expertise

Securities and regulation
Mutual fund regulation
Corporate governance


"Taking Exit Rights Seriously: Why Governance and Fee Litigation Don’t Work in Mutual Funds," with Quinn Curtis, 120 Yale Law Journal 84 (2010).
"Note, For-Profit and Nonprofit Charter Schools: An Agency Costs Approach," 115 Yale Law Journal 1782 (2006).


B.S., University of Utah, 2003
J.D., Yale Law School, 2006