Skip to content

Michael B. Koffler

Partner

Michael guides investment advisers, broker-dealers and investment funds in their compliance with federal/state securities laws and regulations and SRO rules. 

Michael advises clients on the full spectrum of business operations, including advertising, portfolio management, trading, internal controls, compliance programs, mergers and acquisitions and other management issues. He also counsels other financial institutions—banks and insurance companies—on securities issues associated with the management and distribution of investment products.

Michael began his legal career with a regulatory agency. He served two years on the staff of the U.S. Securities and Exchange Commission (SEC) in the Division of Investment Management, where he reviewed registration statements, no-action requests, exemptive applications and proxy statements. Michael also helped promulgate SEC rules and answer interpretive questions from financial institutions.

  • Represented Empower in its acquisition of MassMutual’s retirement services business for a total transaction value of $3.35 billion.
  • Represented Empower in its acquisition of Prudential’s retirement plan business for a total transaction value of $3.55 billion.

Advisers Act Regulatory Update Series 

June 17, 2021

 

Dual Registrant Regulatory Summit: Standard of Conduct – Where do we go from here? 

April 20, 2021

 

Asset Management Regulatory Update Series 

April 1, 2021

 

Advisers Act Regulatory Series: 2021 First Quarter Update 

March 11, 2021

 

The SEC’s overhaul of the investment adviser advertising and solicitation rules: Your questions answered 

March 5, 2021

 

The SEC’s overhaul of the investment adviser advertising and solicitation rules: The impact on private fund advisers 

February 10, 2021

 

The SEC’s overhaul of the investment adviser advertising and solicitation rules: Solicitor relationships 

February 3, 2021

 

The SEC’s overhaul of the investment adviser advertising and solicitation rules: The new regulatory regime governing investment adviser performance presentations 

January 20, 2021

 

The SEC’s overhaul of the investment adviser advertising and solicitation rules: Overview of the rule amendments 

January 13, 2021

 

Advisers Act Regulatory Series: 2020 Fourth Quarter Update 

December 10, 2020

 

Asset Management Regulatory Update Series 

October 22, 2020

 

ESG investing for asset managers - Portfolio Management Perspective 

June 16, 2020

 

ESG investing for asset managers - The Legal Framework 

June 9, 2020

 

Advisers Act Regulatory Series: 2020 First Quarter Update 

March 11, 2020

 

Vendor Due Diligence: One Approach Does Not Fit All 

March 5, 2020

2020 IAA Investment Adviser Compliance Conference

 

Advisers Act Regulatory Series: 2019 Fourth Quarter Update 

December 12, 2019

 

Regulation Best Interest – Enforcement and Litigation Risks 

November 20, 2019

Envestnet

 

Hat switching, special challenges for dual registrants and documenting investment advice provided as an investment adviser 

October 29, 2019

Envestnet

 

Reg BI and Related Regulations 

October 29, 2019

Envestnet Alliance Executive Summit

 

Advisers Act Regulatory Series: 2019 Third Quarter Update 

September 26, 2019

 

Regulation Best Interest, Form CRS and Interpretive Guidance under the Advisers Act 

September 25, 2019

Envestnet

 

The CFP Board’s new standards of conduct – important considerations for broker-dealers and investment advisers 

July 24, 2019

 

NSCP Webcast: Reg BI: What Does it Mean for Compliance? 

June 28, 2019

The National Society of Compliance Professionals (NSCP)

 

Dual registrants roundtable: Working through the SEC's new standard of conduct rules 

June 27, 2019

 

Advisers Act Regulatory Series: 2019 Second Quarter Update 

June 20, 2019

 

Briefing call: New SEC rule set on financial professional standard of conduct and fiduciary duty 

June 7, 2019

 

Advisers Act Regulatory Series: 2019 First Quarter Update 

March 19, 2019

 

Planning for a patchwork of best interest standards – recent developments 

February 27, 2019

 

SEC Enforcement, Investigations and Actions Related to Share Class and Revenue Share Disclosures 

January 4, 2019

RegEd

 

SEC Enforcement Begins Inquiries on 12b-1 Fees and Revenue Sharing Arrangements 

December 17, 2018

Investment Adviser Association (IAA)

 

Webcast – Advisers Act Regulatory Series: 2018 Fourth Quarter Update 

December 6, 2018

 

Webcast: Planning for a patchwork of best interest standards 

November 15, 2018

 

Managing Dual Registrant Requirements in a Demanding Regulatory Environment 

October 31, 2018

National Association of Compliance Professionals National Conference

 

IAA Fall Compliance Workshop 

October 10, 2018

Investment Advisor Association (IAA) Fall Compliance Workshop

 

Webcast – Advisers Act Regulatory Series: 2018 Third Quarter Update 

September 13, 2018

 

Webcast – Advisers Act Regulatory Series: 2018 Second Quarter Update 

May 24, 2018

 

Roundtable discussion: The SEC’s proposed fiduciary duty and standards of conduct for broker-dealers and investment advisers 

May 16, 2018

 

Roundtable discussion: The SEC’s proposed fiduciary duty and standards of conduct for broker-dealers and investment advisers 

May 15, 2018

 

FSI Webcast: The SEC’s Proposed Standard of Conduct Rules and Forms for Broker-Dealers and Investment Advisers 

May 10, 2018

Financial Services Institute (FSI)

 

NSCP Webcast: The SEC’s Proposed Standard of Conduct Rules and Forms for Broker-Dealers and Investment Advisers 

May 9, 2018

National Society of Compliance Professionals

 

Roundtable discussion: The SEC’s proposed fiduciary duty and standards of conduct for broker-dealers and investment advisers 

May 9, 2018

 

Webcast: The SEC’s proposed fiduciary duty and standards of conduct for broker-dealers and investment advisers 

May 8, 2018

 

BISA Webcast: SEC Fiduciary Rule Proposal 

April 24, 2018

Bank Insurance and Securities Association

 

Webcast – Advisers Act Regulatory Series: 2018 First Quarter Update 

February 15, 2018

 

Webcast – Advisers Act Regulatory Series: Fourth Quarter Update 

December 7, 2017

 

Webcast - Advisers Act Regulatory Series: Third Quarter Update 

September 14, 2017

 

Fundamentals of Investment Adviser Regulation 2017 

June 26, 2017

Practising Law Institute

 

The Risks and Challenges of Multi-Branch Advisers 

May 4, 2017

Adviser Compliance Associates

 

Webcast – Advisers Act Regulatory Series: Second Quarter Update 

April 27, 2017

 

Ethics for Advisers 

March 3, 2017

IAA Investment Adviser Compliance Conference

 

Webcast: Advisers Act Regulatory Developments: A Look at the Year Ahead 

January 26, 2017

 

Broker-Dealer Investment Adviser CLE Program 

November 28, 2016

 

FSI Forum: Navigating a Post-DOL Fiduciary World 

September 25-27, 2016

FSI Forum

 

Broker-Dealer Conflicts Disclosures: What’s Coming and How to Prepare 

December 18, 2012

BD Week Webinar

 

Current Issues Facing Private Equity Funds that are Registered Investment Advisors 

October 30, 2012

Philadelphia Bar Association Private Equity and Venture Capital Committee CLE Program

 

Private Fund Issues 

October 11, 2012

Investment Adviser Association’s Compliance Workshop

 

How You Can Start Preparing for the New Fiduciary Duty Standard That’s Bound to Come 

April 16, 2011

BD Week Webinar

 

Fiduciary Duty Forum 

July 28, 2010

 

Exploring the Fiduciary Opportunity 

July 27, 2010

Envestnet Webinar

 

The Changing Face of Fiduciary Responsibility 

March 17, 2010

Envestnet Webinar

 

The New Financial Regulatory Environment and its Market Impacts 

October 28, 2009

CFA Society of Atlanta, Inc.

 

PLI’s Fundamentals of Investment Adviser Regulation 2009 

July 17, 2009

 

Due Diligence Steps to Protect Your Firm’s Reputation and Manage Legal Risks 

April 21, 2009

Webinar

 

American Law Institute–American Bar Association (ALI-ABA) Course on Investment Adviser Regulation 

January 15, 2009 - January 16, 2009

 

Sutherland Securities Symposium 

July 31, 2008

 

ABCs of Investment Adviser Regulation 2008 

May 9, 2008

Practising Law Institute

 

American Law Institute-American Bar Association Investment Adviser Regulation Conference 

January 2007

 

ABCs of Investment Adviser Regulation 

November 17, 2006

Practising Law Institute

 

Recipient, 2010 Burton Awards for Legal Achievement for “Six Degrees of Separation: Principles to Guide The Regulation of Broker-Dealers and Investment Advisers,” BNA’s Securities Regulation & Law Report (April 27, 2009)

Member, New York State Bar Association
Member, New York City Bar Association

Member, District of Columbia Bar Association

Member, Maryland State Bar Association

Member, FINRA Corporate Financing Rules, Hedge Funds, Investment Companies and Investment Advisers, and Trading and Markets Subcommittees, Federal Regulation of Securities Committee, and Member, Private Equity and Venture Capital Committee, Business Law Section, American Bar Association (ABA)

  • District of Columbia
  • Maryland
  • New York
  • J.D., University of Pennsylvania Law School
  • B.A., summa cum laude, State University of New York at Binghamton
Michael Koffler

Partner

Michael Koffler

Partner

Email