Michael Davalla is a counsel in the firm’s Asset Management and Investment Funds group. Michael focuses his practice on advising registered investment companies, including money market funds, closed-end funds, and business development companies and their investment advisers on legal, regulatory, and compliance matters. He has experience drafting and reviewing registration statements, shareholder reports and other regulatory and legal documentation related to the development and launch of new funds, fund mergers and reorganizations, and the ongoing operations of registered funds.
Prior to joining the firm, Michael worked at a private Boston bank as an assistant vice president and investors services associate counsel for several years. He advised mutual fund, commodity pool and exchange-traded fund clients on matters regarding corporate governance and related legal and compliance issues and prepared regulatory filings with both the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission.
- “How SEC Money Market Fund Reform Diverges From Proposal,” Law360, 7 August 2023
- "SEC proposes swing pricing for institutional money market funds," Thomson Reuters WestLaw Today, 25 January 2022
- Alert mentioned, "Money Market Funds Proposal Highlights," Mutual Fund Directors Forum, 1 February 2022.