Nicole M. Crum is the Chair of the Firm’s Corporate Governance & Board Advisory Practice Group and a partner in the Investment Management Group of our Washington, D.C. office.
Nicole’s practice focuses on the representation of mutual funds and their independent directors, as well as investment advisers and broker-dealers. She regularly advises mutual fund boards, independent directors, board committees and executive leadership in the financial services industry on all aspects of governance and compliance, including the operation of investment companies and related transactions, crisis and conflict management, regulatory oversight and compliance, government and internal investigations, and shareholder engagement issues. Nicole counsels U.S. and non-U.S. financial services clients on all aspects of SEC and self-regulatory organization regulation. She is known as a trusted adviser to clients.
In recognition of her work, Nicole was named a “Rising Star” at the Mutual Fund Industry Awards by Fund Action/Fund Intelligence, and was also named a “Next Generation Lawyer” by The Legal 500 US. In 2019, she was included on DCA Live’s inaugural list of the top Emerging Women Leaders in Private Practice. Nicole serves as Chair of the Firm’s Women’s Initiative and is a 2017 Fellow of the Leadership Council on Legal Diversity. Prior to joining the firm, Nicole was an associate at Winston & Strawn LLP and Baker & McKenzie LLP.
Representative Client Work
- Representing Boards, independent directors and executive leadership in the financial services industry regarding routine and non-routine board issues; risk management, disclosure issues, compliance matters, and the formation, offering and operation of investment companies
- Representing mutual funds, exchange-traded funds, closed-end funds, and business development companies and their independent directors
- Representing investment advisers and broker-dealers with respect to regulatory matters and law enforcement investigations arising under the federal securities laws
- Guiding clients through complex and high risk decision-making, fact finding concerning potential violations of laws or regulations, conflicts of interests and response to shareholder demands
- Advising boards in connection with annual contract renewal process
- Conducting internal compliance reviews
- Developing protocols for mutual funds and investment advisory clients
- Advising board and executive management on engagement with the SEC, CFTC and FINRA
- Advising public companies concerning their status under the Investment Company Act of 1940
- Representing investment advisers and their principals on acquisitions and sales of investment advisory businesses