Investment Management Practice
We provide comprehensive securities regulatory services to clients ranging from SEC-registrants with billions of dollars in managed assets, to solo practitioners registered in a single state. We also advise a number of specialized registered investment advisers who do not manage assets at all. Our services include:
- Advice regarding SEC and state regulatory requirements, including those related to internal operations and conflicts of interest, business generation, establishing the client relationship, the portfolio management process, portfolio trading issues, custody, privacy issues, recordkeeping and a host of other compliance matters
- Assistance with registration, notice filings, and exempt reporting adviser submissions to the SEC and the states
- Preparation, implementation and maintenance of comprehensive investment adviser compliance programs and codes of ethics
- Advice on all aspects of “soft dollar” and directed brokerage arrangements
- Advice regarding ERISA issues affecting registered investment advisers
- Conducting on-site employee education programs relating to investment adviser regulatory matters
- On-site mock compliance audits and other assistance involving annual compliance reviews, including assistance in drafting review reports
- Preparing clients for, and assisting clients with, routine, focused and for-cause SEC inspections and examinations
- Obtaining no-action and interpretive relief from the SEC and other regulatory bodies regarding investment adviser regulatory issues
- Submitting comments to the SEC and DOL regarding proposed new rules and rule changes
- Assistance with public testimony for SEC and Congressional hearings
- General advocacy of investment advisers before the SEC, Congress and international securities regulatory bodies
- Contract negotiation and drafting