Clifford Cone

CLIFF CONE focuses his practice on the regulation, structuring, and ongoing operation of registered investment funds, business development companies, private funds, commodity and crypto exchange-traded funds (ETFs), and investment management businesses. He advises asset managers, fund boards, and financial institutions on complex issues arising under the Investment Company Act of 1940 and the Investment Advisers Act of 1940.

Cliff has extensive experience counseling sponsors and directors of closed-end funds, interval funds, exchange-traded funds, business development companies, and registered fund-of-funds structures. His practice also includes advising sponsors of hedge funds, private equity funds, commodity pools, and crypto-focused investment vehicles, as well as providing guidance on adviser registration, disclosure, governance, and regulatory compliance matters, including interactions with the U.S. Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), and national securities exchanges.