Margaret A. Bancroft

Margaret Bancroft Dechert investment funds lawyer New York

Margaret A. Bancroft

Retired Partner

New York | Three Bryant Park, 1095 Avenue of the Americas, New York, NY, United States of America 10036-6797
+1 212 698 3590 | +1 212 698 3599

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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.

Education
  • Radcliffe College, Harvard University, B.A., magna cum laude
  • New York University School of Law, J.D., cum laude, Order of the Coif
Admissions
  • New York
Speaking Engagements
  • ETF Industry of Tomorrow — ’40 Acts Committee Luncheon, New York, NY (November 7, 2018)
  • Directors College — Dechert LLP, New York, NY (March 4, 2015)
  • Risky Business: Trafficking in Insider Information About Customers — Dechert LLP, Webinar (June 15, 2011)
  • Kicking the Habit: Can Money Market Funds Do Without Rating Agency Screens? — 40 Acts Committee/ 40 Acts Committee Luncheon, New York, NY (October 6, 2008)
  • SEC Asks Santa for Indexed Annuities — 40 Acts Committee/ 40 Acts Committee Luncheon, New York, NY (October 6, 2008)
  • 40 Act Product Distribution: Soft Dollars, Rule 12b-1 and the Proposed Two-Page Prospectus — ALI-ABA/FBA Course of Study: Broker-Dealer Regulation, Washington, DC (January 10, 2008)
  • Special Issues for Investment Companies: Soft Dollars, Gift Policies, Side-by-Side Hedge Fund/Mutual Fund Policies —West Legalworks' Annual Investment Management Compliance Summit, New York, NY (September 19, 2007)
  • The Redemption Fee Rule: Going Forward and Getting to the Nitty Gritty of Rule 22c-1 — 40 Acts Committee Luncheon, New York, NY (October 10, 2006)
  • I'd Like To Teach The World To Sing In Perfect Harmony: Globalization — West LegalWorks 10th Annual Investment Management Compliance Summit: What You Need To Know Now to Achieve Best Practice Compliance, New York, NY (September 26, 2006)
  • Key Elements of the New Hedge Fund Adviser Registration Rule —Bloomberg Securities Law Symposium 2006, New York, NY (June 22, 2006)
  • Basic Securities Law for Business Practitioners — New York State Bar Association, New York, NY (April 28, 2005)
  • SEC Update -New Hedge Fund Registration Regulations and Proposed Reform of Securitites Offering and Quiet Period Regulation — New York State Bar Association, New York, NY (January 26, 2005)
  • The $7 Trillion Question: Mutual Funds and Investor Welfare — University of Maryland School of Law Third Annual Business Law Conference, College Park, MD (November 5, 2004)
  • Independent Chair Issues — ICI, Independent Directors Council, 2004 Investment Company Directors' Conference, Washington, DC (October 21, 2004)
  • Mutual Funds and the Federalization of Corporate Governance — New York State Securities Regulation Committee Meeting, New York, NY (July 21, 2004)
  • The Aftermath of the Mutual Fund Scandals: New Ethical Issues From Recent Rulemaking & Legislation — West LegalEdCenter, Webinar (May 24, 2004)
  • The Fiduciary Duties of Directors: Post Enron — The Women in Asset Management Group, New York, NY (March 11, 2002)
  • Mutual Fund Suitability Issues Under NASD Rules — Suitability Conference for Traditional and Online Brokers, New York, NY (October 5, 2001)