Current Employment Position(s)

Chair, Investment Management Practice Group

Lawyer Overview

James Anderson is a partner in the firm's Securities Department, and the chair of the Investment Management Practice Group. He joined the firm in 1994.

Prior to joining the firm, Mr. Anderson served as a Staff Attorney in the Office of Investment Company Regulation, Division of Investment Management, of the United States Securities and Exchange Commission.

Practice

Mr. Anderson advises a wide range of clients including investment advisers, hedge funds, mutual funds, banks, and broker-dealers. His work covers the entire range of securities regulation. He has advised investment advisers and investment companies in connection with purchase and sale of investment advisers and funds. In addition, he has advised investment advisers and hedge funds about various compliance matters (e.g., the development and implementation of compliance policies and procedures, mock examinations and other comprehensive reviews of compliance systems and procedures, investment adviser registration requirements). He also has represented investment advisers and hedge funds in various examination and enforcement-related inquiries by self-regulatory organizations and the SEC.

Recent Highlights

• Represented money market funds in connection with market turmoil and “break the buck” concerns, including obtaining SEC no action relief to support arrangements by sponsors.
• Advised money market funds concerning participation in US Treasury’s Temporary Money Market Fund guarantee program.
• Retained by hedge fund adviser with approximately 1,200 employees and investor capital in excess of $20 billion to register the adviser with the Securities and Exchange Commission, draft compliance policies and procedures to satisfy Advisers Act Rule 206(4)-7, and review compliance with existing policies and procedures.
• Retained by investment adviser to a registered investment company to handle SEC enforcement investigation involving the retention of service providers affiliated with the investment adviser.
• Retained by hedge fund adviser to coordinate multi-national internal review of alleged improper trading activities in connection with a corporate takeover.
• Retained by broker-dealer/investment adviser with over 10,000 registered representatives to conduct a comprehensive review of the firm’s compliance program, including policies, procedures, systems, and implementation.

Honors and Awards

• Selected by his peers for inclusion in The Best Lawyers in America 2008, 2009 and 2010 in the area of mutual funds law
• Recognized as a leader in financial services: asset management regulation in the 2007 edition of Chambers USA: America's Leading Lawyers for Business
• Recognized for exceptional standing in the legal community in the area of investment management in the 2005, 2006 and 2009 editions of Chambers USA: America's Leading Lawyers for Business

Publications

• Co-author, Investment Advisers: Law & Compliance, a leading treatise on investment adviser regulation
• Contributing author, Mutual Fund Regulation, a treatise on investment company regulation

Areas of Practice

• Securities
• Investment Management
• Anti-Money Laundering

West Practice Categories

Securities Law

Bar Admissions

• District of Columbia

Education

• Brigham Young University, J. Reuben Clark Law School, 1992
  JD
  Honors: magna cum laude
• University of Utah, 1988
  BA

Published Works

• Treasury Proposal for Enhanced Investor Protection: SEC Authorized to Set New Regulatory Standards for the Retail Financial Services Industry, 2009
• Securities Mosaic: FinCEN Issues Proposed Rule and Guidance on the Confidentiality of Suspicious Activity Reports, 2009, 2009
• Group of Thirty Calls for Prudential Regulation of Hedge Funds, 2009
• PWG Hedge Fund Committees Announce Best Practices, 2008
• The RAND Study's Impact on Broker-Dealers, Advisers, 2008
• SEC Publishes RAND Report on Investment Advisers and Broker-Dealers, 2008
• FinCEN Issues Anti-Money Laundering Rules on Foreign Correspondent and Private Banking Accounts: Substantial Due Diligence Mandated for Banks, Broker-Dealers, Mutual Funds, Others, 2006
• Investment Advisers: Law and Compliance, 2002

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