On March 23, 2020, the SEC issued an order (the “Order”) granting registered open-end funds and insurance company variable annuity separate accounts expanded capability to borrow from their affiliates to satisfy redemption...more
On March 13, 2020, the Securities and Exchange Commission (SEC) issued an order (the Advisers Act Release) under the Investment Advisers Act of 1940 (Advisers Act) providing regulatory relief for investment advisers whose...more
3/18/2020
/ Business Development Companies ,
Coronavirus/COVID-19 ,
Corporate Governance ,
Filing Deadlines ,
Filing Requirements ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Registered Investment Advisors ,
Registered Investment Companies (RICs) ,
Relief Measures ,
Securities and Exchange Commission (SEC)
The outbreak of the coronavirus (COVID-19) continues to impact markets and business operations in unprecedented ways, which presents risks and opportunities to investment advisers and fund managers. This client alert...more
New York is one of the world’s leading arbitration centres. New York regularly ranks first in North America, and now third globally, among all arbitral sites for International Chamber of Commerce (ICC) arbitrations, and it is...more
On January 8, 2019, the US Supreme Court held in Henry Schein, Inc. v. Archer & White Sales, Inc., 586 U.S. --- (Jan. 8, 2019), that when a contract delegates to arbitrators the question whether a dispute is subject to...more
2/8/2019
/ American Arbitration Association ,
Arbitration ,
Arbitration Agreements ,
Arbitrators ,
Contract Terms ,
Corporate Counsel ,
Federal Arbitration Act ,
Henry Schein Inc v Archer and White Sales Inc ,
International Arbitration ,
Judicial Review ,
Jurisdiction ,
Question of Arbitrability ,
SCOTUS ,
Wholly Groundless Doctrine
A recent decision of the Appellate Division reaffirms the extreme skepticism with which claims of “manifest disregard of the law” are viewed by New York courts in the context of applications to vacate international arbitral...more
10/24/2018
On June 28, 2016, the Securities and Exchange Commission (“SEC”) proposed a rule that would require all SEC-registered investment advisers to adopt and implement a business continuity and transition plan (“BCP”). The BCP...more
7/9/2016
/ Business Continuity Plans ,
Business Disruption ,
Cyber Attacks ,
Data Security ,
Disaster Preparedness ,
Investment Company Act of 1940 ,
Natural Disasters ,
Proposed Regulation ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC) ,
Terrorist Acts ,
Third-Party Service Provider