Bibb Strench is a Counsel in the Washington, D.C. office of Seward & Kissel LLP. Mr. Strench’s practice focuses on exchange-traded funds, alternative registered funds, mutual funds and investment advisers. He provides advice on regulatory, compliance, entity formation, auditor independence, corporate governance and other issues related to the operation of the aforementioned businesses. Mr. Strench frequently speaks and writes on issues surrounding investment management and securities regulation.
During his career, Mr. Strench has played a role in a number of significant legal developments impacting the investment management industry. He helped form the first Shariah-compliant exchange-traded fund, he assisted NCCUSL with the development of the model statutory trust entity act, he was recognized as a contributor to Investment Company Institute’s Report of the Advisory Group on Best Practices of Fund Directors and he argued Investment Company Act of 1940 issues in federal and state courts in the landmark mutual fund independent director case (Yacktman v. Carson, et al.).
Mr. Strench began his career as a staff attorney in the Division of Investment Management of the U.S. Securities and Exchange Commission. Mr. Strench received his J.D. from University of Virginia School of Law and B.A. from Vanderbilt University, 1984.