Michael guides investment advisers, broker-dealers and investment funds in their compliance with federal/state securities laws and regulations and SRO rules.
Michael advises clients on the full spectrum of business operations, including advertising, portfolio management, trading, internal controls, compliance programs, mergers and acquisitions and other management issues. He also counsels other financial institutions—banks and insurance companies—on securities issues associated with the management and distribution of investment products.
Michael began his legal career with a regulatory agency. He served two years on the staff of the U.S. Securities and Exchange Commission (SEC) in the Division of Investment Management, where he reviewed registration statements, no-action requests, exemptive applications and proxy statements. Michael also helped promulgate SEC rules and answer interpretive questions from financial institutions.
- Represented Empower in its acquisition of MassMutual’s retirement services business for a total transaction value of $3.35 billion.
- Represented Empower in its acquisition of Prudential’s retirement plan business for a total transaction value of $3.55 billion.
Advisers Act Regulatory Update Series
June 17, 2021
Dual Registrant Regulatory Summit: Standard of Conduct – Where do we go from here?
April 20, 2021
Asset Management Regulatory Update Series
April 1, 2021
Advisers Act Regulatory Series: 2021 First Quarter Update
March 11, 2021
The SEC’s overhaul of the investment adviser advertising and solicitation rules: Your questions answered
March 5, 2021
The SEC’s overhaul of the investment adviser advertising and solicitation rules: The impact on private fund advisers
February 10, 2021
The SEC’s overhaul of the investment adviser advertising and solicitation rules: Solicitor relationships
February 3, 2021
The SEC’s overhaul of the investment adviser advertising and solicitation rules: The new regulatory regime governing investment adviser performance presentations
January 20, 2021
The SEC’s overhaul of the investment adviser advertising and solicitation rules: Overview of the rule amendments
January 13, 2021
Advisers Act Regulatory Series: 2020 Fourth Quarter Update
December 10, 2020
Asset Management Regulatory Update Series
October 22, 2020
ESG investing for asset managers - Portfolio Management Perspective
June 16, 2020
ESG investing for asset managers - The Legal Framework
June 9, 2020
Advisers Act Regulatory Series: 2020 First Quarter Update
March 11, 2020
Vendor Due Diligence: One Approach Does Not Fit All
March 5, 2020
2020 IAA Investment Adviser Compliance Conference
Advisers Act Regulatory Series: 2019 Fourth Quarter Update
December 12, 2019
Regulation Best Interest – Enforcement and Litigation Risks
November 20, 2019
Envestnet
Hat switching, special challenges for dual registrants and documenting investment advice provided as an investment adviser
October 29, 2019
Envestnet
Reg BI and Related Regulations
October 29, 2019
Envestnet Alliance Executive Summit
Advisers Act Regulatory Series: 2019 Third Quarter Update
September 26, 2019
Regulation Best Interest, Form CRS and Interpretive Guidance under the Advisers Act
September 25, 2019
Envestnet
The CFP Board’s new standards of conduct – important considerations for broker-dealers and investment advisers
July 24, 2019
NSCP Webcast: Reg BI: What Does it Mean for Compliance?
June 28, 2019
The National Society of Compliance Professionals (NSCP)
Dual registrants roundtable: Working through the SEC's new standard of conduct rules
June 27, 2019
Advisers Act Regulatory Series: 2019 Second Quarter Update
June 20, 2019
Briefing call: New SEC rule set on financial professional standard of conduct and fiduciary duty
June 7, 2019
Advisers Act Regulatory Series: 2019 First Quarter Update
March 19, 2019
Planning for a patchwork of best interest standards – recent developments
February 27, 2019
SEC Enforcement, Investigations and Actions Related to Share Class and Revenue Share Disclosures
January 4, 2019
RegEd
SEC Enforcement Begins Inquiries on 12b-1 Fees and Revenue Sharing Arrangements
December 17, 2018
Investment Adviser Association (IAA)
Webcast – Advisers Act Regulatory Series: 2018 Fourth Quarter Update
December 6, 2018
Webcast: Planning for a patchwork of best interest standards
November 15, 2018
Managing Dual Registrant Requirements in a Demanding Regulatory Environment
October 31, 2018
National Association of Compliance Professionals National Conference
IAA Fall Compliance Workshop
October 10, 2018
Investment Advisor Association (IAA) Fall Compliance Workshop
Webcast – Advisers Act Regulatory Series: 2018 Third Quarter Update
September 13, 2018
Webcast – Advisers Act Regulatory Series: 2018 Second Quarter Update
May 24, 2018
Roundtable discussion: The SEC’s proposed fiduciary duty and standards of conduct for broker-dealers and investment advisers
May 16, 2018
Roundtable discussion: The SEC’s proposed fiduciary duty and standards of conduct for broker-dealers and investment advisers
May 15, 2018
FSI Webcast: The SEC’s Proposed Standard of Conduct Rules and Forms for Broker-Dealers and Investment Advisers
May 10, 2018
Financial Services Institute (FSI)
NSCP Webcast: The SEC’s Proposed Standard of Conduct Rules and Forms for Broker-Dealers and Investment Advisers
May 9, 2018
National Society of Compliance Professionals
Roundtable discussion: The SEC’s proposed fiduciary duty and standards of conduct for broker-dealers and investment advisers
May 9, 2018
Webcast: The SEC’s proposed fiduciary duty and standards of conduct for broker-dealers and investment advisers
May 8, 2018
BISA Webcast: SEC Fiduciary Rule Proposal
April 24, 2018
Bank Insurance and Securities Association
Webcast – Advisers Act Regulatory Series: 2018 First Quarter Update
February 15, 2018
Webcast – Advisers Act Regulatory Series: Fourth Quarter Update
December 7, 2017
Webcast - Advisers Act Regulatory Series: Third Quarter Update
September 14, 2017
Fundamentals of Investment Adviser Regulation 2017
June 26, 2017
Practising Law Institute
The Risks and Challenges of Multi-Branch Advisers
May 4, 2017
Adviser Compliance Associates
Webcast – Advisers Act Regulatory Series: Second Quarter Update
April 27, 2017
Ethics for Advisers
March 3, 2017
IAA Investment Adviser Compliance Conference
Webcast: Advisers Act Regulatory Developments: A Look at the Year Ahead
January 26, 2017
Broker-Dealer Investment Adviser CLE Program
November 28, 2016
FSI Forum: Navigating a Post-DOL Fiduciary World
September 25-27, 2016
FSI Forum
Broker-Dealer Conflicts Disclosures: What’s Coming and How to Prepare
December 18, 2012
BD Week Webinar
Current Issues Facing Private Equity Funds that are Registered Investment Advisors
October 30, 2012
Philadelphia Bar Association Private Equity and Venture Capital Committee CLE Program
Private Fund Issues
October 11, 2012
Investment Adviser Association’s Compliance Workshop
How You Can Start Preparing for the New Fiduciary Duty Standard That’s Bound to Come
April 16, 2011
BD Week Webinar
Fiduciary Duty Forum
July 28, 2010
Exploring the Fiduciary Opportunity
July 27, 2010
Envestnet Webinar
The Changing Face of Fiduciary Responsibility
March 17, 2010
Envestnet Webinar
The New Financial Regulatory Environment and its Market Impacts
October 28, 2009
CFA Society of Atlanta, Inc.
PLI’s Fundamentals of Investment Adviser Regulation 2009
July 17, 2009
Due Diligence Steps to Protect Your Firm’s Reputation and Manage Legal Risks
April 21, 2009
Webinar
American Law Institute–American Bar Association (ALI-ABA) Course on Investment Adviser Regulation
January 15, 2009 - January 16, 2009
Sutherland Securities Symposium
July 31, 2008
ABCs of Investment Adviser Regulation 2008
May 9, 2008
Practising Law Institute
American Law Institute-American Bar Association Investment Adviser Regulation Conference
January 2007
ABCs of Investment Adviser Regulation
November 17, 2006
Practising Law Institute
Recipient, 2010 Burton Awards for Legal Achievement for “Six Degrees of Separation: Principles to Guide The Regulation of Broker-Dealers and Investment Advisers,” BNA’s Securities Regulation & Law Report (April 27, 2009)
Member, New York State Bar Association
Member, New York City Bar Association
Member, District of Columbia Bar Association
Member, Maryland State Bar Association
Member, FINRA Corporate Financing Rules, Hedge Funds, Investment Companies and Investment Advisers, and Trading and Markets Subcommittees, Federal Regulation of Securities Committee, and Member, Private Equity and Venture Capital Committee, Business Law Section, American Bar Association (ABA)
- District of Columbia
- Maryland
- New York
- J.D., University of Pennsylvania Law School
- B.A., summa cum laude, State University of New York at Binghamton
Insights
Department of Labor’s Fiduciary Rule 4.0 proposal
Insights
SEC adopts sweeping new private fund adviser rules and amendment to complia...
Insights
SEC finalizes highly controversial private fund adviser rule set – a quick ...
Insights
Private funds exhale over SEC rule despite big compliance costs