Particularly skilled in FINRA investigations, McDermott Will & Schulte‘s skillset also spans to SEC investigations, compliance procedures, and the novel digital asset regulation space. Marc Elovitz, Kelly Koscuiszka and Allison Bernbach are key pillars of the Investment Management Group, which counts private investment funds as key clients. Indeed, Koscuiszka is praised for her ’deep expertise in the investment advisory space‘, and the wider team’s advice includes the intersection of investment funds and fintech regulation, as well as advising private investment clients on developing private investment regulatory framework. Areas of regulatory advice include electronic market-making, institutional sales and trading practices, alternative trading systems, margin and securities financing. All named practitioners are based in New York.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- 'The team we work with has deep and highly specialized expertise in broker-dealer issues, not only at the partner level but also at more junior levels of the team. They also have a wide view of the market. That means they can give on point advice in a variety of situations without the need for research around esoteric points. They also have excellent judgment, particularly in the enforcement space.'
- 'Kelly Koscuiszka has deep expertise in the investment advisory space. She provides advice in the exam context that routinely helps firms avoid more serious issues with their regulators.'
Key clients
- Avantyr Capital
- Bardin Hill Investment Partners
- Claren Road Private Credit Solutions
- Fivespan Partners
- Multiple fund managers – Alternative Data
- Multiple fund managers – Anti-Money Laundering
- Multiple fund managers – Artificial Intelligence
- Multiple fund managers – Marketing Rule Compliance
- Multiple fund managers – Multi-manager platforms
- Multiple fund managers – Retailization of Private Funds
- Multiple fund managers – Sanctions and diligence
- SoLo Funds, Inc.
Work highlights
Advised Avantyr Capital Partners, LP on the launch of its equity hedge fund complex.
Advising market-leading private fund managers on the full scope of regulatory, compliance, and structuring implications.
Advised more than 100 clients on their compliance with the SEC’s Marketing Rule.
Practice head
Marc Elovitz; Kelly Koscuiszki; Allison Bernbach