Jeffrey S. Puretz

jeffrey-puretz

Jeffrey S. Puretz

Retired Partner

Washington, D.C. | 1900 K Street, NW, Washington, DC, United States of America 20006-1110
+1 202 261 3358 | +1 202 261 3333

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Jeffrey S. Puretz is a practice group leader in Dechert’s financial services group who has 35 years of experience. He concentrates on investment management matters for mutual funds, mutual fund boards, investment advisers, and insurance companies, and he is responsible for the group’s services in the insurance sector. Prior to joining Dechert, Mr. Puretz worked as a staff attorney with the SEC's Division of Investment Management.

Mr. Puretz has been designated as one of a handful of leading lawyers for investment management since 2004 by Chambers USA, which recently referred to him as “the firm's leading light for insurance companies active in the registered funds space.” They also note that “because he came from the SEC he has a lot of insight into how regulators think, and can provide a useful perspective of business choices through a regulatory lens.” Past editions have praised “his deep expertise in the registered funds field, as well as his ‘good judgment and boardroom presence.’ He is distinguished in particular for his leadership and accomplishments in the insurance sector.” They state that he “is a thoughtful and experienced practitioner with a great deal of experience working on some of the most complex fund structures in the field.” They have recognized his ability to “structure deals in a way in which everyone wins” and his “knowledge of every possible issue out there.” Mr. Puretz has also been included in The Best Lawyers in America in the specialty of mutual funds law since 2007 and has been recognized in The Legal 500 (US), which recently stated that he attracts strong praise for his “analysis of issues and practical guidance.” He has lectured and written extensively about mutual funds and variable annuities. He has been widely quoted in the financial press, and his work has been cited by the SEC. He has served on drafting committees for several white papers published by the Mutual Fund Directors Forum.

Mr. Puretz was the co-founder and co-chair of the Practising Law Institute's conference on "Understanding Securities Products of Insurance Companies," which ran from 1995 – 2016. He has also been a regular panelist on mutual fund developments at the ALI-CLE Conference on Life Insurance Company Products. Mr. Puretz is also a regular panelist on new developments in securities laws at conferences of the American Council of Life Insurers and the Insured Retirement Institute, among others. His written work has been cited by the SEC and by the courts.

Education
  • University of Maryland, B.A., 1976
  • The Catholic University of America, Columbus School of Law, J.D., 1981
  • Georgetown University Law Center, Graduate course work in securities law
Admissions
  • District of Columbia
Memberships
  • Consulting Board, Board IQ 
  • Advisory Board, Mutual Fund Directors Forum
  • Regulatory Affairs Committee, Insured Retirement Institute
  • Member and Former Chair, Securities Section, Association of Life Insurance Counsel
  • Adjunct Professor, Catholic University Law School, Securities Institute for the course "Mutual Funds and Investment Advisers"
  • Board of Visitors, Catholic University Law School
  • Board of Governors, Hebrew Home of Greater Washington

 

Speaking Engagements
  • Action 18, Washington — Presented by the Insured Retirement Institute, D.C. (May 11, 2018)
  • Mutual Funds and Advisers: Key Regulatory and Litigation Developments — ALI CLE's Life Insurance Company Products 2017, Washington, D.C. (November 3, 2017)
  • Lessons from the Front Lines of Federal Regulation — American Council of Life Insurers Annual Conference, Orlando, FL (October 10, 2017)
  • Legal/Compliance – Lessons from the Front Lines of Federal Regulation — American Council of Life Insurers Annual Conference, Orlando, FL (October 10, 2017)
  • Exploring the Latest Federal Regulatory Trends Affecting Variable Products and Underlying Funds — IRI's Government, Legal & Regulatory Conference 2017, Washington, D.C. (June 13, 2017)
  • DOL Update — The Association of Life Insurance Counsel Annual Meeting, Miami, FL (May 1, 2017)
  • IC –Investment Company Compliance: Beyond the Basics —NSCP National Conference, Washington, D.C. (October 18, 2016)
  • 2016 Regional Insurance Counsel Roundtable — Presented by the Association of Life Insurance Counsel, Washington, D.C. (September 22, 2016)
  • Exploring the Latest Federal Regulatory Trends Affecting Variable Products and Underlying Funds — IRI Government Legal & Regulatory Conference 2016, Washington, D.C. (June 7, 2016)
  • Regulatory Initiatives Affecting Mutual Funds —The Association of Life Insurance Counsel Annual Meeting, Colorado Springs, CO (May 17, 2016)
  • Securities Products of Insurance Companies 2016 — PLI Conference, New York & Live Webcast (January 20, 2016)
  • Life Insurance Company Products 2015 — Sponsored by ALI-CLE, Washington, DC (November 2, 2015)
  • Broker Dealers and Investment Advisers – Emerging Challenges and Opportunities — The Association of Life Insurance Counsel Annual Meeting, Palm Beach, FL (May 18, 2015)
  • Setting the Fund Menu in Today's Regulatory Climate  — ACLI Annual Conference 2014, Washington, D.C. (October 20, 2014)
  • New York Has an Axe to Grind and Plaintiffs Try to Axe Fees — American Council of Life Insurers Compliance & Legal Sections Annual Meeting, Ft. Lauderdale, FL (July 27, 2014)
  • Significant Mutual Fund and Investment Adviser Developments — ALI CLE Conference on Life Insurance Company Products, Washington, D.C. (November 14, 2013)
  • Hot Issues in Federal Regulation and Litigation — American Council of Life Insurers Annual Conference, New Orleans, LA (October 27, 2013)
  • Hot Issues in Federal Regulation and Litigation — American Council of Life Insurers Compliance & Legal Sections Annual Meeting, Orlando, FL (July 17, 2013)
  • Conference on Life Insurance Company Products — ALI-CLE Conference on Life Insurance Company Products, Washington, D.C. (October 31, 2012)
  • Washington Regulatory Review —American Council of Life Insurers Annual Conference, Washington, D.C. (October 21, 2012)
  • Product Developments: Legal and Regulatory Challenges — Insured Retirement Institute's 2012 Government, Legal & Regulatory Conference, Washington, D.C. (June 26, 2012)
  • Dodd-Frank's Creation of a New Federal Insurance Office: Implications for the Federalization of Insurance Regulation — Practising Law Institute's Conference on Securities Products of Insurance Companies and Evolving Regulatory Reform, New York, NY (January 25, 2012)
  • Underlying Mutual Funds — Practising Law Institute's Conference on Securities Products of Insurance Companies and Evolving Regulatory Reform, New York, NY (January 25, 2012)
  • Regulatory/Dodd Frank/NAIC Update — American Council of Life Insurers Senior Investment Managers Seminar, Ft. Lauderdale, FL (November 6, 2011)
  • Dodd-Frank Implementation — American Council of Life Insurers Annual Conference, Orlando, FL (October 17, 2011)
  • Board Approaches to Overseeing Performance — Mutual Fund Directors Forum Policy Conference, Washington, DC (April 28, 2011)
  • SEC Issues Roundtable — The Spark Institute, Washington Leadership Series Meeting, (March 31, 2011)
  • Underlying Mutual Funds — Practising Law Institute's Conference on Securities Products of Insurance Companies in the Face of Regulatory Reform, New York, NY (January 28, 2011)
  • New Developments for Investment Advisers and New Developments in Derivatives Disclosure for Investment Companies — ALI-ABA Conference on Life Insurance Company Products, Washington, DC (October 29, 2010)
  • Update on Developments for Investment Advisers — ALI-ABA Conference on Life Insurance Company Products, Washington, DC (October 29, 2010)
  • Target Date Funds — NY '40 Act Committee, New York, NY (October 12, 2010)
  • Underlying Mutual Funds — Practicing Law Institute's Conference on Securities Products of Insurance Companies in the Face of Regulatory Reform, New York, NY (January 29, 2010)
  • Jones v. Harris: The Supreme Court Weighs in on Section 36(b) — ALI-ABA Conference on Life Insurance Company Products, Washington, D.C. (November 5, 2009)
  • Underlying Mutual Funds — Practising Law Institute's Conference on Understanding the Securities Products of Insurance Companies, New York, NY (January 4, 2009)
  • Current Disclosure Issues and Reform Initiatives: Short-Form Prospectuses, XBRL, Electronic Delivery, and Proposed 1934 Act Exemptive Rule — ALI-ABA Conference on Life Insurance Company Products, Washington, DC (November 13, 2008)
  • Securities Regulation: A Technician's Perspective — American Council of Life Insurers Annual Conference, Boston, MA (October 21, 2008)
  • SEC Asks Santa for Indexed Annuities — 40 Acts Committee/ 40 Acts Committee Luncheon, New York, NY (October 6, 2008)
  • Underlying Mutual Funds — Practising Law Institute's Conference on Understanding the Securities Products of Insurance Companies, New York, NY (January 7, 2008)
  • Revenue Sharing: Regulatory Developments and Litigation — ALI-ABA Conference on Life Insurance Company Products, Washington, D.C. (November 8, 2007)
  • Regulatory and Litigation Developments Related to Fee Revenue Sharing Arrangements — The Association of Life Insurance Counsel Annual Meeting, San Diego, CA (May 7, 2007)
  • Underlying Mutual Funds — Practising Law Institute's Conference on Understanding the Securities Products of Insurance Companies, New York, NY (January 9, 2007)
  • Recent Developments for Mutual Funds and Fund Advisers — ALI-ABA Conference on Life Insurance Company Products, Washington, DC (November 16, 2006)
  • Focus on Insurance Products — Dechert's Financial Services Breakfast Briefing at the Annual ICI Mutual Fund Conference,(March 1, 2006)
  • Underlying Mutual Funds — Practising Law Institute's Conference on Understanding the Securities Products of Insurance Companies, New York City, NY (January 9, 2006)
  • Asset Allocation Programs: The SECuel — ALI-ABA Conference on Life Insurance Company Products, Washington, DC (November 3, 2005)
  • Soft Dollar Recommendations — Mutual Fund Directors Forum Annual Policy Conference, Washington, DC (February 16, 2005)
  • Underlying Mutual Funds — Practising Law Institute's Conference on Understanding the Securities Products of Insurance Companies, New York, NY (January 10, 2005)
  • Fund Governance Under Scrutiny: Debating Best Practices — Mutual Fund Directors Forum, New York, NY (December 9, 2004)
  • Asset Allocation Programs — ALI-ABA Conference on Life Insurance Company Products, Washington, DC (November 4, 2004)
  • Late Trading and Market Timing Abuses: Solutions —American Council of Life Insurers Annual Conference, Chicago, IL (October 10, 2004)
  • Asset Allocation — Regulatory Affairs Conference, “The Dawning of a New Era in the Industry: Will You Be Prepared?, Washington, DC (June 14, 2004)
  • Underlying Mutual Funds — Practising Law Institute's Conference on Understanding the Securities Products of Insurance Companies, New York, NY (January 26, 2004)
  • Insurance Products as Securities — ALI-ABA Conference on Life Insurance Company Products, Washington, DC (November 20, 2003)
  • Recent Developments in Variable Insurance Products, Underlying Funds and Legislation — ALI-ABA Conference on Life Insurance Company Products, Washington, DC (November 20, 2003)
  • Regulatory Hurdles of Mutual Funds vs. Variable Contracts — Association of Life Insurance Counsel Annual Meeting, White Sulphur Springs, WV (May 19, 2003)
  • Insurance Products as Securities — Practising Law Institute's Understanding Securities Products of Insurance Companies, New York, NY (January 10, 2002)
  • Variable Product Disclosure Developments — ALI-ABA Conference on Life Insurance Company Products, Washington, D.C. (October 25, 2001)
  • What's New in Mutual Funds — ALI-ABA Conference on Life Insurance Company Products, Washington, D.C. (October 19, 2000)