Overview

Our Investment Management Practice provides structural, transactional and regulatory advice to participants in the investment management industry. Our clients include mutual funds, investment advisers, exchange-traded funds (ETFs), broker-dealers, domestic and offshore hedge funds, private equity funds, fund service providers and independent directors and trustees. We help clients enter the industry, develop new products and services, expand their business through strategic planning and acquisitions, keep abreast of regulatory and industry developments, and interact with regulators.

We counsel our clients on issues arising under the Investment Company Act of 1940, the Investment Advisers Act of 1940, the broker-dealer provisions of the Securities Exchange Act of 1934, the Securities Act of 1933, FINRA (Financial Industry Regulatory Authority) regulations and Commodity Futures Trading Commission rules.

We represent investment companies, hedge funds, private equity funds, investment advisory firms and broker-dealers located in cities across the nation and around the world. These clients range in size from start-up ventures to large financial institutions and funds.

For more detail, please refer to our Investment Management Brochure.

Please fill out this form if you'd like to subscribe to any of the electronic newsletters and alerts we publish on developments in many areas of the law, legislative and regulatory changes, and industry trends.


Podcasts
Market Matters: SEC Amends Proxy Voting Advice Rules
September 17, 2020

As a follow-up to our November 2019 podcast discussing last year’s proposed amendments to the SEC’s proxy voting rules, this second installment explores the final amendments as adopted, as well as guidance issued by the SEC to investment advisers regarding their proxy voting responsibilities. Mike Wible, a partner in our Investment Management practice joins Nathan Holmes, a partner in our Tax and Employee Benefits & Executive Compensation practices, to examine the latest developments and impacts of the newly adopted rules and guidance.

Market Matters: Proposed Proxy Rule Amendments
November 22, 2019

In this episode, Mike Wible, a partner in our Investment Management practice, and Nathan Holmes, a partner in our Tax and Employee Benefits & Executive Compensation practices, discuss proposed amendments to the proxy rules that would more substantively regulate proxy advisory firms.

Market Matters - SEC Enforcement: Updates & Response Strategies
June 3, 2019

In this episode, Mike Wible, a partner in our Investment Management practice, and David Wilson, a partner in our Securities & Shareholder Litigation practice, discuss recent areas of focus for the SEC’s Enforcement Division.  

Market Matters: Top 10 Compliance Trends
May 30, 2018

This episode features Cassandra W. Borchers, a partner in the Investment Management practice group. She is joined by Todd Cipperman, founding principal of Cipperman Compliance Services. They will examine the 10 most significant trends that define the current investment management regulatory landscape.

Nominating Committee Best Practices
December 4, 2017

This episode features JoAnn M. Strasser, a partner in the Investment Management practice group. She is joined by corporate attorney Jim Jensen, the founder of ClearWater Law & Governance Group and an independent trustee for two mutual fund complexes. They discuss issues to consider when selecting board members for investment companies.

Investment Advisers & Funds – Annual Compliance Reviews
September 8, 2017

In this episode Mike Wible, a partner in the Investment Management practice group, Craig Foster, an associate in the group, and Martin Dean, Vice President, Director of Fund Compliance for Ultimus Fund Solutions, examine one of the most critical pieces of an adviser’s or mutual fund’s compliance program – the annual review.

Market Matters - How To Prepare for an SEC Exam
August 28, 2017

In this episode Cassandra W. Borchers, a partner in the Investment Management practice group, explains what is involved in an SEC examination and offers guidance on how to prepare for one.

Market Matters - Converting a Private Hedge Fund Into a Registered Fund
July 10, 2017

This episode features Tanya L. Goins, counsel in the Investment Management practice group, discussing the process of converting a private hedge fund into a registered fund.

Market Matters: The Fiduciary Exception to the Attorney-Client Privilege
June 22, 2017

This episode features Philip B. Sineneng, an associate in the Investment Management practice group, discussing the fiduciary exception to the attorney-client privilege in the mutual fund context.

Market Matters: Fiduciary Rule Impact
June 7, 2017

This episode features Edward C. Redder, a partner in the Employee Benefits & Executive Compensation practice, and Emily M. Little, an associate in the firm’s Investment Management practice group, discussing the impact of the Department of Labor’s Fiduciary Rule on the investment management industry. The Fiduciary Rule will become applicable on June 9, 2017. 

Market Matters: Serving Clients With Diminished Financial Capacity
April 26, 2017

This episode features Craig A. Foster and Joshua Hinderliter, associates in Thompson Hine’s Investment Management practice group, discussing an important issue that particularly affects investment advisers who serve retail clients as America’s senior population continues to increase: how to appropriately and effectively serve clients who have diminished financial capacity and may be vulnerable to financial abuse.

Market Matters: ETF Liquidity Rule & ETF Regulation Under the New Administration
April 10, 2017

This episode features Bibb Strench, a partner in Thompson Hine’s Investment Management practice group, discussing the SEC’s regulation of ETFs.

Market Matters: Share Class Rules
March 23, 2017

In this episode Partner JoAnn M. Strasser discusses trends and opportunities in light of recent guidance and a no-action letter issued by the SEC, and offers some practical advice on distribution strategies for our fund clients.


Market Matters: Annual Update of Form ADV
March 10, 2017

This episode features Cassandra Borchers, a partner in Thompson Hine’s Investment Management practice group, discussing the annual update of Form ADV for registered investment advisers and exempt reporting advisers.

Market Matters: Regulatory Outlook Under the Trump Administration
February 17, 2017

Our first episode features Michael V. Wible, a partner in Thompson Hine’s Investment Management practice group, discussing the regulatory outlook under the Trump administration.

Webinar Recordings

IM Coffee Chat - Enforcement Considerations for Trustees, Municipal Advisors and Issuers - 10.6.2021

IM Coffee Chat - A Guide to Mutual Fund Insurance - 7.27.2021

IM Coffee Chat - Resolving Exam or Enforcement Issues - 7.14.2021

IM Coffee Chat - Non-compete Agreements: What You Need to Know - 6.30.2021

IM Coffee Chat - Handling Regulatory Inquiry – Step One: Practice Makes Perfect with Mock Exams - 6.23.2021

IM Coffee Chat - So, You’re Not a Statistician: Value at Risk for Trustees - 6.16.2021

IM Coffee Chat - NYAG Blue Sky Law Modernization in Practice - 6.9.2021

IM Coffee Chat - Protecting Your Intellectual Property: Beware the Trolls - 5.26.2021

IM Coffee Chat - Considerations for Fund Governance - 5.19.2021

IM Coffee Chat - Vendor Engagements – Managing Cybersecurity and Privacy Risks - 5.12.2021

IM Coffee Chat - Session Fifteen - Private Equity in the Registered Fund Structure - 5.5.2021

IM Coffee Chat - Session Fourteen - The Current State of Private Equity - 4.29.2021

IM Coffee Chat - Session Thirteen - ERISA's Five-Part Investment Advice Test - 4.21.2021

IM Coffee Chat - Session Twelve - Cannabis and Division of Investment Management - 4.14.2021

IM Coffee Chat - Session Eleven - Converting a Mutual Fund to an ETF - 4.7.2021

IM Coffee Chat - Session Ten - ESG Investing from Different Angles - 3.31.2021

IM Coffee Chat - Session Nine: R.I.P. ESG? Implications of Recent ERISA Guidance on ESG Investing - 2.24.2021

IM Coffee Chat - Session Eight: New Adviser Advertisement Rule – Performance Advertising - March 17, 2021

IM Coffee Chat - Session Seven - SEC's New Marketing Rule: Testimonials, Endorsements and Solicitation Activity - March 10, 2021

IM Coffee Chat - Session Six - SEC’s New Marketing Rule: Redefining “Advertisement” - March 03, 2021

IM Coffee Chat - Session Five - 2021 Form ADV Updates - February 26, 2021

IM Coffee Chat - Session Four - Building a Diverse Board - February 24, 2021

IM Coffee Chat - Session Three - Diversity in the Boardroom - February 17, 2021

IM Coffee Chat - Session Two - Bitcoin ETPs - February 10, 2021

IM Coffee Chat - Session One - Cryptocurrency Products: State of Play - February 3, 2021

Webinar Series for Private Funds – It's a New Day: Fees & Expenses and Codes of Ethics - August 26, 2020

Webinar Series for Private Funds – It's a New Day: Conflicts, Part II - August 12, 2020

Webinar Series for Private Funds – It's a New Day: Conflicts, Part I - July 29, 2020

Webinar: Seizing Opportunities in the ETF Marketplace - December 01, 2016