Securities, Mutual Fund and Commodities Activities
Sidley has represented domestic and foreign bank clients in obtaining regulatory approval for, and in helping implement, programs involving pooled investment vehicles such as investment companies, commodity pools and bank common trust funds and collective investment funds. We also have performed work for domestic and foreign bank clients in connection with a variety of permissible securities-related and commodity-related activities, including advisory, private placement, derivative products, riskless principal and brokerage services. Our lawyers advise clients on structuring retail non-deposit investment sales activities, including the creation of innovative sweep and cash management vehicles, and mixed collateral lending products and the use of branch and non-branch delivery systems.
Sidley also serves as counsel to registered investment companies and to non-depository institutions in connection with their roles as investment adviser, underwriter, transfer agent and custodian for open-end and closed-end investment companies. Our work under the Investment Company Act also has included advising clients on structuring entities or financing transactions that are not covered by the Investment Company Act - in particular, commodity pools, private investment vehicles, financings involving securitization of receivables and similar obligations and commercial finance companies.