Sullivan & Worcester Offers ETF Industry Knowledge, Experience

The law firm takes ideas from inception to product, and beyond.

Reviewed by: ETF Report Staff
Edited by: ETF Report Staff

David C MahaffeyDavid Mahaffey
[email protected]




Eric D SimanekEric Simanek
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From investment management, taxation and real estate, to blockchain ventures and complex business transactions and related disputes, Sullivan & Worcester’s nearly 200 attorneys in Boston, London, New York, Tel Aviv and Washington, D.C., guide organizations that are rewriting the rules. In particular, Sullivan & Worcester has been widely known for decades as one of the premier law firms representing investment companies, investment advisors and investment company independent directors. Our lawyers advise on the full range of exchange-traded products (ETPs) , including exchange-traded funds (ETFs) and exchange-traded commodity pools. We use our collective experience to provide advice on product development and launch, and on ongoing compliance that is aligned with client-driven business plans and investment goals.

Product Development & Launch
We counsel commodity, currency, cryptocurrency, equity, fixed income, international and alternative ETFs on all aspects of product development and launch. We partner with ETF sponsors to turn their ideas into products that comply with regulatory requirements and that are tax efficient.

Our lawyers have experience with all exemptive and no-action relief necessary to operate any type of ETP, including active or passive ETFs or exchange-traded commodity pools. We will take the lead in navigating new products through the regulatory approval process, including with the Securities and Exchange Commission, Commodity Futures Trading Commission and National Futures Association, as well as working with the relevant listing exchanges to shepherd through any rule changes necessary for listing. Recent successes in helping to launch innovative products include the first ETF focused on shipping futures and the first U.S. ETF focused on investing in the cannabis industry.

Ongoing Compliance
We advise all types of ETPs, as well as their investment advisors, commodity pool operators and commodity trading advisors, on all aspects of compliance with securities and commodity laws, as well as on corporate governance matters. Our lawyers work closely with clients to develop user-friendly compliance policies and procedures relating to all applicable regulatory requirements. Clients feel free to call us at any time for advice on compliance with any aspect of the securities or commodity laws or exchange rules.

With Sullivan & Worcester, you will find the expertise and resources of a large law firm in a highly collaborative environment where each relationship is tailored to meet the client’s individual needs.