Margaret A. Bancroft

Margaret A. Bancroft, who joined the firm as partner in 1988, has extensive experience in advising fund boards, independent directors and advisors in routine, as well as with challenging situations.

Ms. Bancroft is an active participant in the American Bar Association and New York State Committees on Securities Regulation. She was a founding member of the Committee on Investment Management Regulation of the Association of the Bar of the City of New York and has recently served on the New York City Bar's Securities Regulation Committee. Until recently, she was an adjunct professor of law at New York University School of law.

Among other publications, Ms. Bancroft is the author of a BNA portfolio analyzing investment company status issues titled, "Avoiding Classification as an Investment Company: Exemptions and Exclusions for Business Corporations," BNA Corporate Practice Portfolio Series No. 65-2nd, March 2005, as well as an article in the Journal of Business & Technology Law titled "Knowledge is Power: What Went Wrong in the Mutual Fund Industry," 2006. She is the author of two no action letters obtained from the Securities and Exchange Commission that are frequently relied on by fund managers and funds.

Ms. Bancroft is a member of the American Law Institute. She has also served as a Trustee of the Securities and Exchange Commission Historical Society and has been a Visiting Professor of Law in Hungary, Estonia, the Czech Republic, and Kaliningrad, Russia, teaching a short course on principles of American corporate law.