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Kenneth G. Juster

Fax +1.617.261.3175

Mr. Juster is a partner in the investment management group, resident in the Boston office. He advises clients on all aspects of compliance with federal and state laws and regulations and SRO regulations applicable to broker-dealers, investment advisers, private domestic and offshore investment funds, and registered funds. He counsels clients on a wide variety of regulatory matters concerning registered and private fund distribution; sales practices and trading; design and implementation of supervisory and compliance programs; review of existing policies and procedure; compliance with the net capital, margin and customer protection rules; clearance and settlement issues; soft dollar, directed brokerage and commission recapture programs; introducing and clearing relationships; and matters related to advertising and marketing, including marketing material reviews, training of legal, compliance and sales personnel, and the development of internal policies to address the marketing of securities products and investment advisory services.

Mr. Juster counsels broker-dealers and investment advisers on all aspects of SEC registration and FINRA membership; broker-dealer and investment adviser “status” questions; the FINRA continuing membership process; mergers, acquisitions and joint ventures involving broker-dealers and investment advisers; interpretive and “no-action” letter requests; and investigations and regulatory proceedings before the SEC and FINRA.

Mr. Juster also advises clients on the formation and operation of private investment funds, the establishment and operation of private fund managers, SEC registration requirements, legal and marketing considerations in connection with the distribution of private funds, and compliance with the Securities Act rules applicable to offshore offerings and private placements.

Professional Background

Prior to joining K&L Gates, Mr. Juster was regulatory counsel for a large retail broker-dealer where he was responsible for advising the compliance, operations and trading departments on federal and state securities laws and SRO rules, and managing SEC, FINRA and state investigations and examinations.  Previously, Mr. Juster was assistant general counsel of an institutional broker-dealer where his practice focused on legal and regulatory compliance, domestic and international brokerage relationships, energy and FX brokerage, soft dollars and electronic trading.  Mr. Juster also spent three years as head of compliance at an institutional broker-dealer in New York, where he was responsible for all aspects of legal and regulatory compliance related to the trading of equities, municipal bonds and other fixed income instruments, and derivative products.  In these roles, Mr. Juster gained extensive experience with soft dollar compliance, including secondary clearing, commission sharing and introducing broker arrangements.

Prior to his in-house counsel and compliance roles, Mr. Juster spent four years as the executive director of The Asset Managers Forum, an affiliate of the Securities Industry and Financial Markets Association, which serves as the principal advocate for the investment management industry on securities processing, accounting policy and related matters.  Mr. Juster was responsible for developing and advancing the Forum's policy positions and coordinating the efforts of the forum's various working groups and committees.  He also served as the forum's spokesman at industry events in the United States and Europe and liaison to government regulators and the press.

Professional/Civic Activities

  • Massachusetts Bar Association
  • New York Bar Association

Speaking Engagements

Mr. Juster’s recent presentations have included the following:
  • K&L Gates Seminar, “Broker-Dealer Regulation 101,” Boston, MA, April 26, 2013
  • K&L Gates/ACA Compliance Group Mutual Fund Distributor Roundtable, Boston, MA and Webinar, April 16, 2013
  • K&L Gates Seminar “Looking Forward: Anticipating SEC and FINRA Exam Priorities for 2013,” Boston, MA, December 13, 2012
  • National Regulatory Services, “Broker-Dealer Regulatory Update,” November 29, 2012
  • K&L Gates 2012 Investment Management Conference, “Broker-Dealer Regulation,” Boston, MA, November 2, 2012
  • National Regulatory Service Investment Adviser Compliance Symposium, “Investment Adviser Performance and Advertising,” Chicago, IL, July 24, 2012
  • K&L Mutual Fund Distributor Roundtable, Boston, MA and Webinar, April 11, 2012
  • K&L Gates 2011 Investment Management Conference, Boston, MA, November 3, 2011
  • Practicing Law Institute, Fundamentals of Broker Dealer Regulation 2009, “Supervisory Requirements, Compliance Programs and Examinations,” New York, NY, June 29, 2009