David provides regulatory compliance advice to investment advisers, including private fund managers. David assists managers with the design and implementation of best practice compliance policies and procedures covering topics such as code of ethics – personal trading, marketing, insider trading, expert networks, alternative data, best execution, soft dollars, investment allocation, expense allocation, valuation, cross trades, short sales, conflicts of interest, privacy, business continuity, cybersecurity, and recordkeeping. David has successfully represented numerous investment managers through the SEC examination process. He also helps investment advisers prepare for SEC examinations by conducting privileged and confidential mock audits. David prepares and advises managers on compliance with new rules, such as the SEC’s new Marketing Rule. David regularly advises investment managers on SEC registration and available exemptions. In addition to regulatory compliance, David has deep experience in the formation and representation of private funds.
David joins Dorsey from the Investment Management Group of Seward & Kissel LLP, where he founded and led the firm’s regulatory compliance consulting business providing legal counsel and outsourced support to investment managers. David received his J.D. from UCLA School of Law and his B.A. in Economics and History, magna cum laude, from Binghamton University.
“David brings a wealth of investment management and regulatory compliance experience to our New York office,” noted Bill Stoeri, Managing Partner of Dorsey & Whitney. “Dorsey has strategically grown its investment management practice in the New York office and throughout the Firm, and David is a terrific addition to that team.”
About Dorsey & Whitney LLP
Clients have relied on Dorsey as a valued business partner since 1912. With locations across the United States and in Canada, Europe, and the Asia-Pacific region, Dorsey provides results-oriented, grounded counsel for its clients’ legal and business needs. Dorsey represents a number of the world’s most successful companies from a wide range of industries, including banking & financial institutions; development & infrastructure; energy & natural resources; food, beverage & agribusiness; healthcare; and technology.