Lorna MacLeod advises clients on the design and sale of SEC registered and unregistered investment products and compliance with related SEC and FINRA rules. Lorna also has experience advising managers of private funds on registration and compliance with the Investment Advisers Act of 1940 and addressing status questions under the 1940 Act for a wide variety of business organizations.
Previously Lorna spent seven years as senior counsel in the corporate finance group of a large international law firm and she served as branch chief in the SEC Division of Investment Management, Office of Insurance Products. Her first professional role was as a legal advisor to an audit team at the General Accounting Office - Office of General Counsel, reporting directly to Congress on matters involving federal securities laws, the Commodity Exchange Act and laws governing over-the-counter (OTC) derivative contracts. While there, she played a key role in the production of two groundbreaking reports on OTC derivative contracts.
Sutherland advises client on design and regulatory filings for a novel longevity insurance product.
Sutherland advises client on design and regulatory filings for a new structured index insurance product.
Sutherland attorney represents life insurance client in obtaining novel exemption relief from 1940 Act.