Austin G. McComb

Austin G. McComb focuses his practice on the investment management and banking industries. He regularly advises registered investment funds, their independent directors/trustees, and their investment advisers, as well as banks and other financial institutions, on various regulatory and compliance matters. These matters include launching novel investment products such as funds and share classes offered in “tokenized” form and the first SEC-registered money market exchange-traded fund; advising on emerging regulatory developments such as the framework for payment stablecoins under the GENIUS Act; implementing amendments to the SEC’s rules on money market funds, Treasury clearing, and registered fund names; representing clients before regulatory agencies; negotiating service provider contracts; and counseling on fund governance and disclosure practices.

Mr. McComb counsels bank and financial institution clients on the application of laws and regulations administered by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the U.S. Treasury, the Financial Stability Oversight Council, and state regulatory agencies. He frequently advises clients regarding the application of the Bank Holding Company Act and the Volcker Rule to U.S. and foreign companies, including investment funds.

During law school, Mr. McComb served as a law clerk for the Division of Examinations of the SEC and for a Board Member of the PCAOB.