Debt Dialogue: June 2016
SEC Enforcement Action Highlights Need for PE Fund Advisers to Address Potential Broker-Dealer Issue
George Silfen concentrates his practice in the representation of investment companies and their boards of directors, investment advisers, and broker-dealers in connection with the organization and operation of investment products and services, including mutual funds, closed-end investment companies, business development companies, registered hedge funds, wrap accounts, and 401(k) and IRA products. Mr. Silfen advises clients on regulatory and compliance matters associated with investment companies, and investment advisory, brokerage, securities custody and transfer agent services. Mr. Silfen was named 2011 Independent Counsel of the Year by Institutional Investor's Fund Directions. He writes and speaks frequently on fund-related topics, and is a regular contributor to Ignites and Fund Directions and his articles have appeared in The Investment Lawyer. At industry conferences, he has presented on permanent capital investment vehicles, SEC compliance issues concerning funds of funds, investing in registered funds, banks and financial institutions, and new products for new markets, among other subjects.Mr. Silfen was recognized by Legal 500 US (2013-2015), and was named 2011 Independent Counsel of the Year by Fund Directions. Mr. Silfen was recognized by New York Super Lawyers (2014-2015).