Investment Funds: Regulatory & Compliance

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).