FacultyFaculty/Author Profile
Bibb L. Strench

Bibb L. Strench

Thompson Hine LLP

Washington, DC, USA


Corporate Transactions & Securities
Investment Management

Overview

Bibb is a partner in the Corporate Transactions & Securities practice group. He focuses on exchange-traded funds (ETFs), closed-end funds, mutual funds and investment advisers. Bibb provides advice on regulatory, compliance, entity formation, auditor independence, corporate governance and other issues related to the operation of the aforementioned businesses. He has experience with unique fund structures including funds with alternative investment strategies, faith-based restrictions and multi-tier levels.

Bibb began his career as a staff attorney in the Division of Investment Management of the U.S. Securities and Exchange Commission, where he was principally responsible for granting exemptive orders and responding to no-action and interpretive requests under the Investment Company Act of 1940 and Investment Advisers Act of 1940. He has argued 1940 Act issues in federal and state courts, including the landmark mutual fund independent director case, Yacktman v. Carson, et al, and participated in the development of the Uniform Statutory Trust Entity Act.

Experience

  • Advising ETFs, mutual funds, closed-end funds and investment advisers on securities, foreign regulatory, compliance, SOX, privacy, cybersecurity and corporate governance issues
  • Drafting and filing Form N-1As, board materials, proxy statements, exemptive applications, anti-money laundering and other compliance procedures, Form ADVs and hedge fund documents
  • Establishing and structuring wrap fee programs including all contractual, disclosure and compliance documents
  • Negotiating advisory, distribution, loan, ISDA and other contracts
  • Reviewing fund and adviser marketing materials and social media
  • Developing and structuring investment funds and products including mutual funds, ETFs, listed and unlisted closed-end funds, and multi-manager and master-feeder funds
  • Representing fund boards of directors
  • Advising adviser and fund chief compliance officers on structuring compliance programs, drafting compliance procedures and preparing annual compliance reports
  • Guiding operating companies confronting inadvertent investment company issues
  • Advising one of the nation's largest financial institutions on auditor independence issues
Bibb L. Strench is associated with the following items:
CHB Chapters  CHB Chapters Fund Anatomy (May 14, 2018) - Basics of Mutual Funds and Other Registered Investment Companies 2018, Monday, May 14, 2018
Web Segment  Web Segment Fund Anatomy - Basics of Mutual Funds and Other Registered Investment Companies 2018, Tuesday, May 15, 2018
MP3 Audio  MP3 Audio Fund Anatomy - Fund Anatomy, Tuesday, May 15, 2018
MP4 - Mobile Video Seg  MP4 - Mobile Video Seg Fund Anatomy - Fund Anatomy, Tuesday, May 15, 2018
On-Demand Web Programs  On-Demand Web Programs Basics of Mutual Funds and Other Registered Investment Companies 2018, Monday, May 21, 2018, New York, NY
Treatise Chapters  Treatise Chapters Mutual Funds - Investment Adviser Regulation: A Step-by-Step Guide to Compliance and the Law (Third Edition), Friday, June 22, 2018
Form of Organization - Investment Adviser Regulation: A Step-by-Step Guide to Compliance and the Law (Third Edition), Friday, June 22, 2018
Introduction to Mutual Funds - Mutual Funds and Exchange Traded Funds Regulation (Third Edition), Friday, July 20, 2018
An Overview of the Formation and Operation of Exchange-Traded Products - Mutual Funds and Exchange Traded Funds Regulation (Third Edition), Friday, July 20, 2018
Shareholder Voting - Mutual Funds and Exchange Traded Funds Regulation (Third Edition), Friday, July 20, 2018
Board Structure and Processes - Mutual Funds and Exchange Traded Funds Regulation (Third Edition), Friday, July 20, 2018
Mutual Funds - Financial Product Fundamentals: Law, Business, Compliance (Second Edition), Monday, October 15, 2018
An Overview of the Formation and Operation of Exchange-Traded Products - Financial Product Fundamentals: Law, Business, Compliance (Second Edition), Monday, October 15, 2018
Share
Email

  • FOLLOW PLI:
  • twitter
  • LinkedIn
  • YouTube
  • RSS

All Contents Copyright © 1996-2018 Practising Law Institute. Continuing Legal Education since 1933.

© 2018 PLI PRACTISING LAW INSTITUTE. All rights reserved. The PLI logo is a service mark of PLI.