Beginning January 31, 2021, all swap associated persons and their supervisors (“APs”) will be required to satisfy the National Futures Association’s (the “NFA”) new swaps proficiency requirements. These requirements will apply to, among others, APs of investment managers registered with the NFA as commodity pool operators (“CPOs”) or commodity trading advisors (“CTAs”) that engage in…
Moshe Segal focuses his practice on the organization and continuing operation of a variety of private investment funds, including hedge funds, private equity funds, buyout funds, hybrid funds, distressed funds, credit funds, structured product funds, co-investment funds and funds of funds. Moshe’s experience with private investment funds extends to the development and negotiation of the organizational documents of such funds and the preparation of their offering materials.
In addition to advising on a wide range of fund formation issues, Moshe also advises fund managers on regulatory issues, investment management M&A transactions, seeding arrangements and secondary transactions. He also advises on management company “upper tier” arrangements, including the preparation of management company operating agreements and employment agreements, as well as general corporate and securities law matters.
Moshe also counsels fund managers in connection with their regulatory obligations under federal and state securities laws and regulations, including the Investment Company Act of 1940, the Investment Advisers Act of 1940 and the Securities Act of 1933.
Columbia Law School (J.D., 2014)
Beth Medrash Govoha (B.A., 2009)
James Kent Scholar
NFA Implements New Testing Requirements for Swap Associated PersonsDecember 3, 2019Client Alerts
SEC OCIE Issues Guidance on Investment Advisers’ Recordkeeping Requirements for Electronic MessagingJanuary 15, 2019Client Alerts, FEATURED PUBLICATION
On December 14, 2018, the Office of Compliance Inspections and Examinations (“OCIE“) of the Securities and Exchange Commission (the “SEC“) issued a risk alert (the “Risk Alert“) to remind SEC-registered investment advisers (“RIAs“) of their obligations when their personnel use electronic messaging, such as text messages, instant messaging, personal email or messaging apps, and to…
SEC Announces 2019 Examination PrioritiesJanuary 8, 2019Client Alerts, FEATURED PUBLICATION
On December 20, 2018, the Office of Compliance Inspections and Examinations (“OCIE“) of the Securities and Exchange Commission (the “SEC“) announced its 2019 examination priorities for registered investment advisers. OCIE grouped the priorities into six general thematic areas: (1) matters of importance to retail investors, including seniors and those saving for retirement; (2) compliance and…
Investment Adviser Compliance Issues Related to the Cash Solicitation RuleDecember 18, 2018Client Alerts, FEATURED PUBLICATION
On October 31, 2018, the staff in the Office of Compliance Inspections and Examinations (the “Staff”) of the U.S. Securities and Exchange Commission (the “SEC”) issued a risk alert (the “Risk Alert”) describing some of the most common deficiencies the Staff has cited relating to Rule 206(4)-3 (the “Cash Solicitation Rule”) under the Investment Advisers…