Financial Services Regulation: Broker Dealer (Compliance & Enforcement) | USA

Sidley Austin LLP offers extensive experience across a range of securities and broker-dealer matters, including the most technical aspects of equity markets, alternative trading systems and municipal securities. Noted representation of broker-dealer clients in connection with regulatory examinations, investigations and enforcement actions. Further recognized for its highly respected consumer finance practice, covering a broad range of matters including the establishment of innovative payment systems. Regularly acts on behalf of banks and non-banks in connection with complex regulatory matters and major litigation.

WilmerHale is a consummate financial services firm, marshaling among its ranks significant ex-governmental prowess with an intricate knowledge of the regulatory landscape. Particularly recognized for its exceptionally strong broker-dealer practice, offering a deep bench of attorneys who are able to advise on the most cutting-edge regulatory matters. Additional strength in the banking regulatory space, with a solid presence in the enforcement sphere. Seasoned in representing clients before the CFPB and other regulatory agencies, also acting in related litigation.

Davis Polk & Wardwell LLP maintains its position at the forefront of the financial services regulatory space as the first port of call for institutions seeking up-to-date expertise. A market-leading offering in banking regulatory compliance is bolstered by strong showings in banking enforcement and transactional matters and the broker-dealer regulatory space. Helps bring to fruition sophisticated M&A deals involving financial institutions. Marries traditional legal acumen and experience with the innovative use of technology, producing the industry-standard policy and procedure manual for Volcker matters and a subscription-based Regulatory Tracker. Also noted for its knowledge of global regulatory systems, including the Basel III capital and liquidity rules.

Morgan, Lewis & Bockius LLP has strength in the full range of regulatory matters pertaining to the banking and broker-dealer industries, with a recognized group of securities law experts advising blue-chip clients on the most cutting-edge matters. Particular strength in regulatory compliance matters, but also noted for its handling of high-stakes enforcement actions by the SEC, FINRA and other agencies. Benefits from a highly experienced bench, with over 30 partners having previously served with the DOJ or the major regulatory agencies. Increasing strength in connection with cross-border regulatory matters, with the US team working closely alongside colleagues in London, Frankfurt and Tokyo.

Davis Wright Tremaine LLP is well noted for its strength in advising domestic and international clients on banking regulations. The group provides insight on chartering and structuring issues. The team also has extensive experience in handling both transactional and enforcement matters. Also boasts expertise in fintech.

Latham & Watkins LLP is a compact team with particular strength in the banking and broker-dealer spaces, advising on a range of high-profile regulatory matters, including those pertaining to financial technology such as data capture technologies. Fully equipped to advise on current and emerging requirements implemented by the SEC, CFTC, FINRA and NYSE, among others. An expanding team includes a number of alumni of the major regulatory bodies, enabling it to provide clients with crucial strategic insight. Clients include most of the world's major global banks, as well as international broker-dealers, private fund complexes and fintech companies.

Allen & Overy LLP is particularly noted for its talented group in the broker-dealer space, with a respected practice weighted toward the provision of compliance advice. Combines broker-dealer expertise with specialist knowledge of the banking and asset management spaces to provide clients with a holistic advisory service. Advises on all aspects of US broker-dealer regulation, and noted for its work on cross-border transactional matters.

Cleary Gottlieb Steen & Hamilton LLP is a highly respected team comprising a number of former regulators and prosecutors, and recognized for its expertise in the banking, broker-dealer and M&A spaces. Provides cutting-edge insight into regulatory issues impacting financial institutions, and has played a leading role in guiding clients through the implementation of the Dodd-Frank reforms. Offers a fine track record in connection with investigations and enforcement proceedings brought by the regulatory agencies. Has an increasing focus on complex regulatory matters at the intersection of banking, securities and derivatives law.

Dechert's team is well noted for its strength in advising clients on broker-dealer registration with the SEC and FINRA. The group provides counsel on a wide range of issues including state notice filings, net capital and margin rules. The bench has expertise in SEC enforcement and investigations and SRO examinations. The firm also has experience in transactional matters.

Eversheds Sutherland (US) LLP is a well-regarded firm which houses a rounded team of attorneys, equipped to advise on diverse securities law matters. Regulatory expertise in the broker-dealer space is strengthened by vast experience defending enforcement actions brought by a range of authorities including the SEC and FINRA. Noted for its skillful representation of a varied client base, which includes banks, brokerages and investment funds.

Fried, Frank, Harris, Shriver & Jacobson LLP is recognized for its expansive broker-dealer practice. Significant and often global clients bring complex compliance and enforcement matters surrounding actions and changes by the SEC, FINRA and other regulators. Also noted for its expertise in derivatives litigation.

Jones Day possesses a strong practice with a broad base of experience in broker-dealer matters. The team boasts practitioners who have served in the SEC and Department of Justice. It has impressive expertise in advising on regulatory matters involving FINRA and other SROs, as well as state and federal securities rules. Also often approached by clients to provide insight into transactional activities, and has noted expertise in the fintech industry.

McGuireWoods LLP has a notable broker-dealer practice assisting large banks, investment advisers and other financial services companies in an array of investigations primarily by FINRA and the SEC. The team regularly guide clients through compliance interpretations and policies too on both the state and federal level.

Schulte Roth & Zabel LLP has a well-regarded team of practitioners with strengths in compliance, enforcement and litigation. The firm is regularly sought to advise on compliance with SEC, SRO and Federal Reserve Board rules, along with criminal proceedings and investigations. It has a niche expertise in insider trading matters and is noted for its work in emerging industries such as blockchain and cryptocurrency. The firm has particularly impressive cross-border capabilities.

Willkie Farr & Gallagher LLP has a highly regarded team of lawyers, noted for their expert handling of diverse broker-dealer matters. Regularly utilized by a broad array of clients, including investment banks, market makers and fintech companies. Often sought out for assistance with complex regulatory investigations and examinations by diverse regulatory authorities, including the SEC and CFTC.