Elizabeth Mitchell

Practice Areas

Elizabeth L. Mitchell has more than twenty years’ experience representing and advising public companies, broker-dealers, hedge funds, investment advisers and boards, as well as senior executives and other individuals, in regulatory investigations, enforcement actions, and litigation involving the federal securities laws and other sensitive matters. Strategic and results-oriented, Ms. Mitchell has been recognized for her ardent advocacy, her unique combination of public company and securities trading and markets experience, and her ability to achieve risk-balanced solutions in multifaceted and bet-the-company cases. She is ranked in Chambers USA (Nationwide), where clients note her “extremely pragmatic, very thoughtful and creative” approach to helping clients achieve regulatory and business objectives.

Regulatory Investigations & Defense

Ms. Mitchell represents clients before a wide range of federal and state regulatory agencies and self-regulatory organizations, including the Commodity Futures Trading Commission (CFTC), the Department of Justice (DOJ), the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC), and state attorneys general. She has advocated for financial firms and their personnel facing investigations related to market manipulation, insider trading, disclosures to clients and customers, best execution, fiduciary obligations, conflicts of interest, and compliance with market conduct rules (Reg ATS, Reg NMS, Reg SHO, Market Access Rule). Her experience representing public companies, auditors, and their personnel includes investigations focused on allegations related to financial reporting, accounting, disclosure requirements, corporate governance, and internal controls.

Ms. Mitchell also has significant experience in the following areas:

-Internal Reviews for Public and Private Companies: Conducting comprehensive internal investigations at the request of boards and management relating to corporate governance and regulatory compliance concerns and advising on self-reporting and related remediation.

-Corporate & Board Governance: Advising boards of directors and company management on matters involving corporate governance, financial reporting, disclosure requirements, personnel decisions, and crisis and risk management and mitigation.

-Regulatory Compliance Counseling: Providing strategic advice to clients on regulatory expectations and requirements applicable to public companies and financial market participants.

Ms. Mitchell maintains an active pro bono practice representing non-profit organizations and individuals in diverse matters relating to adoption and foster care, telehealth policy, consumer fraud, tax debt, and government benefits.

From 2018 to 2021, Ms. Mitchell was a member of WilmerHale’s Management Committee.

Prior to private practice, Ms. Mitchell served as a Trial Attorney in the Torts Branch of the United States Department of Justice. She also served as a law clerk to Judge Walter Stapleton of the US Court of Appeals for the Third Circuit.

To learn more, visit: https://www.wilmerhale.com/en/people/elizabeth-mitchell

Professional Memberships

Member, WilmerHale Management Committee

Member, Former Chair—Board of Directors, Legal Counsel of Elderly

Admitted to practice before the US Court of Appeals for the Third Circuit

Personal

JD, Harvard Law School, 1998, cum laude

BS, University of North Carolina at Chapel Hill, 1993, with Highest Distinction

Experience

Ms. Mitchell regularly speaks on issues such as government enforcement priorities, trading-related regulatory obligations and enforcement risks, CCO liability, insider trading enforcement activity, and ethics and professional responsibility. She is a member of the board of directors and former board chair of Legal Counsel for the Elderly, a leading legal services provider to Washington DC’s elderly population.