Eric S. Purple provides counsel on all aspects of investment company and investment adviser regulation. He represents a broad range of exchange-traded funds, mutual funds, closed-end investment companies, business development companies and other pooled investment vehicles and their investment advisers on matters arising under the U.S. federal securities laws. He also serves as a trusted counselor to the independent directors or trustees of a number of investment companies.

Prior to entering private practice, Eric served for eight years in the U.S. Securities and Exchange Commission’s Division of Investment Management. As a senior counsel in the division's Office of Chief Counsel, he was involved in a wide range of investment company and investment adviser issues, and was the principal author of 19 no-action letters that dealt with a variety of complex topics under the federal securities laws, including issues related to multi-tier investment company structures, advisory fee arrangements, foreign custody and codes of ethics. He also had significant involvement in the staff's oversight of the regulation of business development companies.