Robert Sichel is a partner in the firm’s New York office, where he is a member of the investment management practice group and oversees the ERISA fiduciary practice. Robert helps financial institutions and retirement plan sponsors navigate the complexities of ERISA and the Internal Revenue Code. Robert’s practice focuses on advising investment managers, consultants, and broker-dealers on the fiduciary responsibility and prohibited transaction rules of ERISA; assisting investment managers with drafting and implementing policies and procedures; providing training and compliance advice with respect to prohibited transaction exemptions; and drafting and negotiating investment management agreements, fund documents, side letters and trading-related agreements (e.g., ISDAs, clearing agreements, futures agreements, securities lending agreements and prime brokerage agreements) on behalf of financial institutions, investment managers and institutional investors. Robert also counsels sponsors of defined benefit and defined contribution plans on investment matters, governance, de-risking and the handling of service providers. Robert also advises investment managers, consultants, and plan sponsors on the integration of environmental, social, and governance factors (ESG) in the investment process.
Prior to joining K&L Gates, Robert was general counsel of a $20 billion registered investment adviser, where he led a team of legal, compliance and risk professionals. He has also served as internal ERISA counsel for two global investment banks where he advised a variety of businesses, including retail, institutional asset management, derivatives, prime brokerage, and structured products.
- Presenter, Financial Research Associates, “Aging Investor Protection Summit,” June 14, 2017.
- Presenter, “Best Practices & Regulatory Developments Affecting Private Fund Sponsors,” June 7, 2017
- Speaker, K&L Gates, AAU Human Resource Institute and Mayor Brown Live Event, “403(b) Plan Litigation - Best Practices for Now and Preparations for the Future,” May 18, 2017.
- Presenter, NRS and the Investment Advisers Association webinar, “Mandates Beyond the Advisers Act: Anti-Money Laundering, ERISA Compliance and ’34 Act Section 19 Reporting for Advisers,” April 18, 2017.
- Presenter, Mutual Fund Directors Forum Webinar, “The Department of Labor's New Fiduciary Regulation: Considerations for Mutual Fund Directors,” September 20, 2016.
- Presenter, The Marketing & Advertising Compliance Forum for Investment Advisors, “Updating Marketing & Advertising Materials to Reflect Fiduciary Rule Changes,” New York, NY, August 22, 2016.
- Panelist, 2016 K&L Gates Investment Management Conference, London, July 6, 2016.
- Presenter, The New York State Bar Association Live Event, “Securities Regulation Committee and Private Investment Funds Subcommittee Joint Meeting,” New York, NY, June 23, 2016.
- Presenter, The New York Society of Security Analysts Live Event, “Conflict of Interest Rule (Fiduciary Rule) Unwrapped,” New York, NY, May 31, 2016.
- Presenter, The Investment Adviser Association Webinar, “What SEC-Registered Investment Advisers Need to Know About the New ERISA Fiduciary Rules,” May 17, 2016.
- Presenter, K&L Gates Live Event, “Part II: The Department of Labor's new ‘conflict of interest rule’," Boston, MA, May 12, 2016.
- Presenter, K&L Gates Webinar, “Non-U.S. Webinar: The U.S. Department of Labor's new ‘conflict of interest rule’,” May 5, 2016.
- Presenter, K&L Gates Live Event, “Part I: The Department of Labor's new ‘conflict of interest rule’," New York, NY, May 4, 2016.
- Instructor, NRS Education Desktop Seminar, “Mandates Beyond the Advisers Act: Anti-Money Laundering, ERISA Compliance and ’34 Act Section 13 Reporting for Investment Advisers,” April 26, 2016.
- Panelist, “New Manager Forum,” New York, NY, April 2016.
Robert is the co-author of a 2014 guidebook OTC Derivatives Clearing, The Guide for Corporate DB Pension Plans aimed at helping corporate pension plans navigate the complexities of trading derivatives post the Dodd-Frank Act.
Additional publications include:
- “The Department of Labor's New Conflict-of-Interest Regulations,” The Review of Securities & Commodities Regulation, Vol. 49, No. 13, 20 July 2016
- The Expanding Reach of U.S. Federal Retirement Regulations, Thomson Reuters Accelus Article, by Robert L. Sichel and Kristina M. Zanotti, June 16, 2016.