Kenneth J. Berman
Partner
DEBEVOISE & PLIMPTON, LLP
Washington, D.C.
Gregory J. Lyons
Partner
DEBEVOISE & PLIMPTON, LLP
New York, New York
At the end of 2009, the SEC adopted amendments to the Investment
Advisers Act rule governing the custody of client assets designed to
address many of the risks exposed by various recently uncovered Ponzi
schemes. The implementation of this Rule during 2010 raised a number of
logistical and interpretative issues for investment advisers and their
custodians. Messrs. Lyons and Berman will discuss and attendees will
learn about these issues as well as other developments in investment
adviser regulation.
