Investment Funds: Regulatory & Compliance
Global Guide 2024 : USA
Band 2
Contact number
+1 215 994 4000About
Provided by Dechert LLP
Dechert’s global financial services group is a leading legal advisor to asset managers, investment funds and fund directors. We represent clients ranging from start-up boutique operations to some of the largest financial institutions and fund groups in the world.
Unlike many competitor firms, our practice is built around the needs of asset managers rather than banks or other financial institutions. Our lawyers advise on:
- Regulatory and compliance matters related to the formation and ongoing management of all asset classes including open- and closed-end funds, exchange-traded funds, offshore funds, UCITS and hedge funds.
- Compliance under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), Volcker Rule and Federal Reserve Board’s (FRB) Merchant Banking Rules.
- U.S. financial laws and regulations, including the Investment Advisers Act of 1940 and Investment Company Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934, Commodity Exchange Act, Commodity Futures Modernization Act of 2000, U.S. Bank Secrecy Act (BSA), Sarbanes-Oxley Act of 2002, Gramm-Leach-Bliley Act, USA PATRIOT Act, and Employee Retirement Income Security Act (ERISA).
- Compliance with anti-money laundering regulations promulgated by the Financial Crimes Enforcement Network (FinCEN) and with economic and trade sanctions administered by the Office of Foreign Assets Control (OFAC).
Chambers Review
Dechert is a respected asset management firm with a strong team advising on issues relating to the Investment Advisers Act of 1940 and Investment Company Act of 1940. Additional expertise in the Commodity Exchange Act and SEC regulatory matters.
Work Highlights
- Dechert advised abrdn on the regulatory implications of its business activities in the UK, US and Europe.
Strengths
Provided by Chambers
"Dechert's partners are well placed to address complex and sophisticated matters. They also provide great service and responsiveness."
"The team is fantastic at what they do."
"Dechert's partners are well placed to address complex and sophisticated matters. They also provide great service and responsiveness."
"The team is fantastic at what they do."
Notable Practitioners
Thomas Bogle has considerable experience of advising hedge and mutual funds, as well as independent trustees, on SEC compliance.
"Thomas is an excellent lawyer."
Mark Perlow regularly advises a range of investment managers and private funds on the full scope of SEC regulations.
"He is incredibly knowledgeable, commercial and thoughtful about regulations."
"Mark is very commercially aware, has a firm grasp on issues and is efficient."
Michael McGrath is routinely called upon by asset managers to provide high-quality counsel on regulatory matters arising from formations and operational issues. His practice involves advising on complex deals containing cross-border elements.
"Mike is client-oriented and has a great understanding of the industry."
"He is an outstanding lawyer."
Philip Hinkle's practice concerns the commodities and derivatives regulations affecting investment funds. He has experience of providing counsel on a range of funds, including private and mutual funds.
"Philip is very responsive, practical and connected in the industry."
Ranked Lawyers at
Dechert LLP
USA