Recent reports by The American Lawyer rank Sidley among the leading U.S. law firms that represent mutual funds (based on assets under management). We have more than 30 years of experience advising clients with respect to the myriad regulations applicable to registered funds, including the regulations enacted pursuant to the Sarbanes-Oxley Act of 2002. Our representation of registered investment companies dates back to the tremendous surge in popularity of mutual funds in the 1970s, and today a significant portion of our practice is dedicated to ongoing representation of registered open-end and closed-end funds. As the registered fund industry has grown and transformed, we have kept pace with all aspects of new product development and regulation.
Investment Company Status Issues
Sidley regularly advises clients regarding the applicability of the Investment Company Act of 1940 to various types of holding companies, financial institutions and other operating companies, such as industrial corporations, banks, insurance companies and finance subsidiaries. We address such issues on behalf of U.S. domestic and international issuers, as well as governments or quasi-governmental entities, including development banks and several types of municipal enterprises.