About

Professional Experience and Background

Lorna Schnase has been practicing securities law for more than 30 years. Her focus is counseling clients on matters under the Investment Advisers Act of 1940, the Investment Company Act of 1940 and related federal and state securities laws. She represents primarily registered investment advisers, mutual funds and fund industry service providers. Combining her major law firm background with her current independent perspective, Lorna is committed to providing excellent and responsive service, while mindful of the need for practical and cost-effective advice.

Lorna practices independently in Houston, Texas, serving clients of all sizes around the country. Prior to establishing her independent practice, she was a partner of the law firm of Davis, Graham & Stubbs LLP. Prior to that, Lorna practiced with the worldwide law firm of Baker & McKenzie in Los Angeles and with the Dechert law firm in Denver.

Lorna is a member of the Editorial Advisory Board of the industry publication Practical Compliance and Risk Management for the Financial Services Industry and a leading member of the Houston area compliance roundtable. She is a frequent author and speaker on legal and compliance matters affecting the investment management industry.

 

Education and Admissions

Lorna earned her J.D. degree, cum laude, from Harvard Law School in 1982. During law school Lorna served as an intern in the Regional Counsel’s Office of the Environmental Protection Agency in Boston. Lorna's B.A. degree is in mathematics, summa cum laude, from the University of Denver. She was elected to Phi Beta Kappa and the Mortar Board honors society.

Lorna is admitted to the bar in the States of Texas (since 1991) (current status: active), California (since 1989) (current status: inactive) and Colorado (since 1982) (current status: inactive).