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Eric M. Diamond

Special Counsel

Eric M. Diamond

Special Counsel
New York +1-212-558-4044 +1-212-558-4044 +1-212-558-3588+1-212-558-3588
[email protected]
Eric Diamond is a Special Counsel in the Firm’s Investment Management and Financial Services Groups. Mr. Diamond’s practice focuses on advising asset managers, banks and broker-dealers on a range of regulatory, compliance and transactional matters. Mr. Diamond regularly provides advice to private equity fund, hedge fund, mutual fund and other investment management clients regarding regulation under the Investment Company Act and Investment Advisers Act, as well as strategic and transactional matters such as controlling and minority investments in asset management firms, and examination and enforcement matters. He has also advised U.S. and international banking and financial services clients on a number of public and private transactions and a variety of bank regulatory matters.

Government Service

Prior to rejoining the Firm in 2020, Mr. Diamond was a senior advisor to Securities and Exchange Commission (SEC) Chairman Jay Clayton from 2018-2020. In that role, he oversaw the rulemaking and other initiatives of the Division of Investment Management and advised the Chairman on certain investment adviser and broker-dealer enforcement matters. Among other things, he served in a leading role in completing the SEC’s rules and interpretations governing the standards of conduct for investment advisers and broker-dealers, including Regulation Best Interest, and coordinated the SEC’s Inter-Divisional Standards of Conduct Implementation Committee. He also led the SEC’s efforts to amend the interagency regulations implementing the Volcker Rule.