Publications of Interest > Investment Advisers > Investment Management > Practices : Morgan, Lewis & Bockius

02/03/12 2011 Asset Management Year in Review: Select SEC Enforcement Cases and Developments Regarding Investments Advisers and Investment Companies

Morgan Lewis Title | White Paper
Investment Management Practice

This Outline highlights key U.S. Securities and Exchange Commission (the "SEC" or the "Commission") enforcement developments and cases involving investment advisers and investment companies during 2011. Summary of Key Statist... more

11/28/11 DOL Adopts Final Regulation on Exemption for Participant-Level Investment Advice

LawFlash/Client Alert | Employee Benefits and Investment Management LawFlash
Employee Benefits and Investment Management Practices

The U.S. Department of Labor (DOL) has adopted a final regulation to implement the statutory exemption from the prohibited transaction rules of the Employee Retirement Income Security Act of 1974, as amended (ERISA), for the pro... more

11/08/11 Form PF Will Result in Substantial Reporting Requirements for Registered Advisers to Private Funds

LawFlash/Client Alert | Investment Management LawFlash
John O'Brien, Monica Parry, Ethan Johnson

On October 26 and October 31, the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), respectively, approved rules that will require certain investment advisers to report extensive info... more

11/01/11 Implications of MF Global Inc. SIPC Proceeding for Counterparties and Market Participants

LawFlash/Client Alert | Investment Management and Restructuring LawFlash
Joshua Blackman, Robert Mendelson

On October 31, the Securities Investor Protection Corporation (SIPC) filed for a protective order under the Securities Investor Protection Act (SIPA) for MF Global Inc., a company registered jointly as an Securities and Exchange... more

07/07/11 SEC Adopts Rules Exempting Venture Capital Fund Advisers from SEC Registration and Setting Forth Reporting Regime

LawFlash/Client Alert | Investment Management LawFlash
John O'Brien, Monica Parry, Ethan Johnson, Abigail Bertumen, Trina Winkelmann

Advisers that solely advise funds that are able to fit the narrow definition of "venture capital fund" set forth by the SEC are exempt from registration requirements imposed by the Dodd-Frank Act, but are still required to comply with recordkeeping and reporting obligations.

06/29/11 SEC Adopts Exemptions for Certain Private Fund Advisers and Other Dodd-Frank Implementing Rules

LawFlash/Client Alert | Investment Management LawFlash
John O'Brien, Monica Parry, Ethan Johnson, Trina Winkelmann

Certain fund advisers that fit narrow definitions are exempt from registration requirements imposed by the Dodd-Frank Act, but are still required to comply with recordkeeping and reporting obligations.

06/28/11 SEC Adopts Family Office Rule

LawFlash/Client Alert | Investment Management LawFlash
Monica Parry, Ethan Johnson, Trina Winkelmann

On June 22, the Securities and Exchange Commission (SEC) adopted a rule exempting from registration and regulation under the Investment Advisers Act of 1940 (Advisers Act) certain "family offices." more

06/23/11 SEC Adopts Investment Adviser Rules Implementing the Dodd-Frank Act

LawFlash/Client Alert | Investment Management LawFlash
Monica Parry, Ethan Johnson, Trina Winkelmann

At an open meeting on June 22, the Securities and Exchange Commission (SEC) adopted a number of rules implementing Title IV of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The newly adopted ru... more

03/31/10 Supreme Court Affirms Gartenberg Standard in Unanimous Decision in Jones v. Harris Associates L.P.

LawFlash/Client Alert | Investment Management FYI
Christopher Menconi, Thomas Harman, Kathleen Long, Timothy Levin, Sean Graber, Christian Mixter, W. John McGuire, Patrick Conner

On March 30, the U.S. Supreme Court, in a unanimous decision in Jones v. Harris Associates L.P. , affirmed the standard as articulated by the Second Circuit Court of Appeals in 1982 in Gartenberg v. Merrill Lynch more

01/12/10 Floor Amendments to House Legislation Clarify Small Fund Adviser Exception and Increase Protection of Proprietary Information

LawFlash/Client Alert | Private Investment Funds LawFlash
John O'Brien

Amendments to the Wall Street Reform and Consumer Protection Act of 2009, which were made during recent consideration and debate on the floor of the U.S. House of Representatives (the House), clarify the proposed exemption from ... more

01/07/10 Legislation Passed by House Would Require Most Private Fund Advisers to Register with SEC

LawFlash/Client Alert | Private Investment Funds LawFlash
John O'Brien

The U.S. House of Representatives (House) recently passed legislation with proposed amendments to the Investment Advisers Act of 1940, as amended (Advisers Act) that would effectively require many investment advisers to private ... more

01/07/10 SEC Adopts Amendments to Advisers Act Custody Rule

LawFlash/Client Alert | Investment Management FYI
Ethan Johnson, Monica Parry, Jennifer Klass

On December 30, 2009, the Securities and Exchange Commission (SEC) adopted amendments to the custody rule under the Advisers Act of 1940 (the Custody Rule) designed to strengthen controls over the custody of client assets by reg... more

June 2009 The Madoff “Opportunity”: Harmonizing the Overarching Standard of Care for Financial Professionals Who Give Investment Advice, Wall Street Lawyer, Vol. 13, Issue 6

Outside Publication | Article
Steven Stone

05/20/09 Re-Assessing Risk and the Annual Review in Current Market Conditions, presented as an IAA webcast

Presentation | Speech
Monica Parry

06/25/08 National Financial Risk and Regulatory Client Webinar: Proposed Regulation S-P Amendments

Presentation | Webinar
Steven Stone

05/23/07 How Investment Firms Manage and Disclose Conflicts: What Do Regulators Expect?, presented at the Alliance Bernstein Subadvisory Compliance Conference, New York

Presentation | Speech
Steven Stone

05/17/07 Wrap/SMA Accounts: New Developments and Compliance Issues, presented to the Investment Adviser Association, Washington, D.C.

Presentation | Speech
Steven Stone

01/26/06 International SMA Developments - A Legal & Regulatory Framework, presented at the MMI 2006 Sales & Marketing Leadership Summit

Presentation | Speech
Steven Stone