BRIAN M. KAPLOWITZ has been a partner in the New York office since 1993, practicing in the area of pooled investment entities. He has worked on a variety of transactions and offerings by mutual funds and closed-end investment companies, and represents independent trustees. Mr. Kaplowitz also has consulted frequently on Investment Company Act status questions for global holding companies, structured financings, re-packagings and various other types of enterprises, particularly in connection with various types of securities offerings and bank financings. More recently, he has advised U.S. and non-U.S. banking entities on the applicability of various Investment Company Act exemptions relevant to the definition of "covered fund" under the Volcker Rule. He also provides legal advice on registration and compliance issues under the Investment Advisers Act and in the development of various investment programs. He frequently assists financial service firms in structuring products available for purchase by money market funds in compliance with Rule 2a-7 under the Investment Company Act.
Prior to joining the firm in 1990, he was assistant director of the Division of Investment Management of the SEC in charge of Investment Company Act rulemaking. He previously served in several other offices in the Division.
Mr. Kaplowitz has appeared on several panels relating to legal issues surrounding investment companies and investment advisers and has served on the editorial board of The Investment Lawyer. Mr. Kaplowitz is recognized in the 2015 edition of The Best Lawyers in America in Mutual Funds Law and has been recognized by Chambers USA in National Investment Funds: Registered Funds.
Mr. Kaplowitz is a member of the firm’s Committee on Legal Opinions and Audit Letters.