About David Y. Dickstein

David Dickstein addresses a wide range of regulatory and compliance issues for investment advisers, hedge and private equity funds.

Wide-ranging regulatory advice

David has extensive experience with the application of federal and state securities laws to investment managers, including the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934, the Graham-Leach-Bliley Act, the Dodd-Frank Wall Street Reform and Consumer Protection Act, applicable Financial Industry Regulatory Authority (FINRA) rules, and state blue sky laws. Investment advisers regularly seek David's counsel on matters such as private fund structuring and distribution, the need for investment adviser registration, completing the Form ADV, disclosing conflicts of interest, compliance policies and procedures, rules on personal trading, marketing materials and federal and state pay-to-play and lobbying registration matters.

David advises broker-dealers and investment advisers on soft dollars and best execution, wrap-fee programs, trade allocations, marketing arrangements and bad actor matters. Additionally, he conducts compliance audits and provides guidance on Securities and Exchange Commission (SEC) examinations and investigations.

David also helps clients navigate securities status issues under the federal securities laws and investment company status issues under the Investment Company Act of 1940 in connection with corporate, private credit and real estate transactions.

Practice Focus

  • Federal and state investment adviser registration and regulatory counseling
  • Preparing investment adviser compliance policies and procedures
  • Review of marketing material for compliance with federal securities laws
  • Counseling on Securities and Exchange Commission (SEC) examinations
  • Investment adviser compliance reviews
  • Review of hedge fund and private equity offering documents for compliance with federal securities laws
  • State and local lobbying and pay-to-play laws

News

Publications

Quick Reads

Presentations and Events

Practices
Industries
Education
  • Columbia Law School, JD
  • Yeshiva University, BA, magna cum laude
Bar Admissions
  • New York
Recognitions
Recognized or listed in the following:
  • The Legal 500 United States
    Recommended Attorney, 2013
Award Methodologies