Wayne Aaron

Practice Areas

An experienced securities regulatory lawyer, Mr. Aaron represents financial services firms, management, and other personnel in regulatory and governmental investigations and internal investigations. His varied practice spans financial services advisory matters, broker-dealer regulation and enforcement, government and regulatory investigations, and FinTech.

He regularly advises securities firms and their employees on complex sales and trading and other regulatory issues affecting the securities markets. He represents clients in examinations and inquiries by, and enforcement proceedings before, the Securities and Exchange Commission and other government regulators and self-regulatory organizations. His practice encompasses a wide range of regulatory issues currently affecting financial services firms, hedge funds and other institutional investors including equity and fixed-income trading practices; market structure and order handling and execution issues; best execution and customer obligations; Market Access Rule and operational and regulatory risk issues; operation of Automated Trading Systems, including compliance with Regulation ATS and disclosures on Form ATS-N; audit trail and trade reporting requirements; supervision and written supervisory procedures; commission sharing arrangements and directed brokerage programs; short sales and operational compliance; high frequency trading, electronic trading, and market making; capital markets issues; research practices; digital assets; broker-dealer formation and material change applications.

Professional Memberships

Securities Industry and Financial Markets Association, Member