Claudette Druehl
Biography
Overview
Claudette Druehl is member of the Capital Markets Group and has extensive experience representing global financial institutions, broker-dealers, investment advisers, and investors in a wide range of regulatory matters and compliance matters. She advises clients on the necessity of SEC and FINRA registration and reliance on various exemptions and has assisted brokers and advisers through the state, federal, and self-regulatory organization registration process. She helps clients establish policies and procedures to facilitate compliance with supervision and regulatory requirements and advises clients on day-to-day legal and compliance matters. Claudette advises on both routine and for-cause regulatory examinations. She also represents clients in drafting, reviewing, and negotiating, placement agent agreements, chaperone agreements, and fund marketing materials. In addition, she advises on federal securities law matters including exemptions and corresponding state law exemptions.
Claudette advises all types of US and non-US financial institutions and their investors and has long-term relationships with a number of these clients, including Morgan Stanley, Deutsche Bank, Jefferies, Intesa Sanpaolo SpA, Pacific Alliance Group, Societe General, CVC Capital Partners, as well as other large, mid-size investment management and brokerage firms in connection with numerous legal and compliance matters. Claudette also works with private fund advisers, venture capital firms, brokers, placement agents, and trading platforms as they launch their businesses.
Experience
Representation of PAG on US regulatory matters related to its private funds, including advice under the Investment Advisers Act and Securities Exchange Act.
Advising new manager on launch of funds relying on AI technology, addressing novel Investment Advisers Act issues related to structure of funds.
US subsidiary broker-dealer of global bank, including expanding business lines, developing policies and procedures, drafting service agreements, advising on AML, and advising on off-channel communications.
Advising large family office in connection with US regulatory matters, including advice in connection with the establishment of a registered investment advisor.
Advising Franklin Templeton Institutional and its subsidiary based in Hong Kong in connection with US regulatory matters, including establishment of an exempt reporting adviser.
Advising an ATS on formation and registration, including advice connected to creation of new product and recordkeeping on blockchain.
Providing advice on Exchange Act and other regulatory considerations to clients in connection with relationships with MarketAxess and other US counterparties.
Reviewing and drafting investment adviser advertising and marketing materials to ensure compliance with the Investment Advisers Act, and relevant SEC staff guidance regarding the presentation of performance data for numerous clients.
Advising a U.S. broker-dealer on the sale of its majority interest to a large international pension fund.
Representation of a confidential client in connection with advising on the offshore outsourcing of the back-office operations of one of the world's largest investment banks and securities broker-dealers.
Representation of a confidential client in connection with the broker-dealer registration of a subsidiary of a major fund adviser for marketing private funds in the US.
Advising non-US entities with respect to dealing with U.S. persons in reliance on Rule 15a-6.
