Global Head of Private Wealth and Head of Financial Services
Norton Rose Fulbright US LLP
Andrew Lom is US Head of Financial Services and Global Head of Private Wealth based in New York. He is a corporate and regulatory lawyer, advising high-net-worth families and financial institutions on asset management and governance matters.
Andrew’s work with clients is focused on financial product design, FinTech regulation, fund formation and fund investments, family office structuring, succession planning, securities and derivatives trading, private company fundraising, and securitization.
Recent Articles & Comments
NASAA argues that SEC-registered advisers are being utilized by money launderers. Not everyone is persuaded. See, e.g.,.
In the Order, the SEC stated that the dispositive event to demonstrate the adviser's control purpose was that on April 26, 2022, the adviser "began drafting an offer letter" to the issuer. On the next day, the adviser "contacted outside counsel to advise on its Schedule 13D filing."
There can always be questions of judgment as to when an investor's intent changes from being that of a passive investor to one that has a control purpose. The enforcement action illustrates the…