Legal And Ethical Issues For Investment Companies' Counsel

Tuesday, March 31, 2009 - 01:00

The New York City Bar Association has scheduled a discussion of the Current Legal and Ethical Issues for Counsel to Investment Companies and Advisers on Wednesday, May 13 from 6 to 9 p.m.It will take place at the Association of the Bar, 42 West 44th Street, NYC.

Regulators and litigants have renewed their focus on conflicts of interest in the investment company industry. The focus includes conflicts between the investment company (and its shareholders) and the investment company's adviser and affiliates, as well as conflicts that arise when the same counsel represents both the adviser and the investment company. This program will address these and other conflicts that investment companies, investment company directors and investment advisers need to consider in the normal course of the company's operations, and the consequences when those conflicts are not addressed appropriately.

Chaired by Philip L. Kirstein, senior vice president and independent compliance officer of Alliance Bernstein, a panel of experienced industry lawyers will discuss these conflicts and ways to mitigate the litigation and regulatory risks.

For information about available CLE credits and fees, see CLE Events on The Metropolitan Corporate Counsel website at

To register visit