As a fund manager, you likely face an array of different, and often competing, global regulations. Reed Smith’s fund management regulatory team has vast experience advising fund managers on a wide range of regulatory matters that affect the industry, including registrations, regulatory filings and disclosures, management policies and procedures, conflicts, examination, and enforcement on a global basis.
Fund managers of all sizes face a growing array of different, and often competing, global regulations. The compliance burden for investment managers and their private fund clients, in particular, has increased substantially and will continue to grow going forward. Accordingly, CCOs and general counsels for fund managers face an ever-growing workload to ensure compliance with applicable laws and regulations.
Reed Smith routinely advises fund managers on a wide range of regulatory matters around the globe. With respect to U.S. regulations, our team has substantial experience addressing all aspects of the Investment Advisers Act, the Investment Company Act, the Securities Exchange Act, the Commodity Exchange Act, blue sky laws, and the rules and regulations implemented by the SEC, CFTC, FCA, and MSRB.
With respect to European regulations, we have extensive experience advising on the requirements that might apply to fund managers operating in or looking to raise capital in the region, including obligations under the Alternative Investment Fund Managers Directive (AIFMD), the Cross-Border Distribution of Funds (CBDF) regulations and marketing rules, the Sustainable Finance Disclosure Regulation (SFDR), and the Markets in Financial Instruments Directive 2014 (MiFID II). We have offices in several key EU jurisdictions and a dedicated UK regulatory team who can support you with advice on all of these aspects (including any UK equivalent rules that have been introduced following Brexit).
At Reed Smith, we prioritize our clients' needs and objectives, and our team takes the time to understand your unique circumstances, tailoring our advice and strategies to ensure the best possible outcomes. Our team works with numerous regulated and unregulated management entities across a wide range of industries and countries. We regularly work with private fund managers of all sizes, real estate fund managers, AIFMs, municipal securities advisors, and other regulated management entities. Accordingly, we have the experience to provide insight into the evolving world of regulatory and compliance issues.
