Brenden Carroll represents U.S. registered investment companies and investment advisers in a wide variety of regulatory, transactional and compliance matters. These matters include complex fund merger transactions, the development and launch of new funds, the preparation of registration and proxy statements and seeking exemptive, interpretive and no-action relief from the U.S. Securities and Exchange Commission (SEC).
He also advises boards of directors/trustees of U.S. registered investment companies on fund governance and fiduciary oversight matters. Mr. Carroll has significant experience with respect to the SEC’s new liquidity risk management rule.
He has had major speaking roles on industry panels and has been quoted in the financial press (including Ignites and Compliance Week) with respect to this regulatory initiative.
Mr. Carroll also has extensive experience in matters relating to the SEC’s “pay-to-play” rule, which imposes special restrictions on the political activities of investment advisers that seek to do business with state and local pension plans. He has assisted clients with obtaining exemptive relief from the SEC from the rule’s two-year “time out” provision.
He has also worked on a wide variety of matters on behalf of money market funds operating in accordance with Rule 2a-7 under the Investment Company Act, and was actively involved in advising money market fund clients on the SEC’s money market fund reforms that were adopted in July 2014.
- Georgetown University Law Center, J.D., 2008
- University of Colorado at Boulder, B.A., Economics, 2002
ADMISSIONS : District of Columbia
CLERKSHIPS : United States Securities and Exchange Commission
Rate : $$$