Experience

    • MetaX in its blockchain token launch for the Adchain blockchain.
    • block.one in the sale of blockchain tokens for the EOS blockchain.
    • The Argon Group on various regulatory issues relating to blockchain token sales.
    • Polychain in certain of its blockchain token purchases.
    • Apex Fund Services in its sale to Genstar Capital, a leading middle-market private equity firm.
    • Empowerment Ventures and its wholly-owned subsidiary UniRush, a pioneer in the development of reloadable prepaid debit cards, in the sale of UniRush to Green Dot.
    • Apex Fund Services in its $40 million credit facility with Highbridge Principal Strategies.
    • J.C. Flowers and Ascensus in the sale of Ascensus to Genstar Capital and Aquiline Capital Partners.
    • Apollo Global Management in its acquisition of a majority interest in the asset management business of AR Capital (subsequently withdrawn), its acquisition of the wholesale distribution business of RCS Capital and its substantial minority equity investment in RCS Capital.
    • Conifer Financial Services in the sale of Conifer Securities, its broker-dealer division, to Cowen Group.
    • Atlas Merchant Capital in its preferred stock investment in South Street Securities, and its purchase of Panmure Gordon.
    • Canada Pension Plan Investment Board in its $12 billion acquisition of GE Capital’s sponsor lending business, including Antares Capital, the leading lender to middle market private equity sponsors in the U.S.
    • Conifer Financial Services in the drafting and negotiating of relevant technology services agreements for the sale of a majority stake in the firm to The Carlyle Group.
    • Coinbase on various legal questions concerning blockchain tokens and broker-dealer rules.
    • JP Morgan Chase in various regulatory matters relating to its retail securities business.
    • Fifth Third Securities in various broker-dealer regulatory matters.
    • AQX Securities in expanding its network of local brokers for the execution of securities and derivatives transactions, as well as with respect to commenting on proposed MiFID II regulations concerning CSAs and algorithmic trading.
    • Morgan Stanley Investment Management in implementing suitability and communications with the public procedures.
    • Société Générale in various broker-dealer regulatory matters.
    • Westpac Banking Corporation in various fixed income underwriting and trading matters.
    • Citizens Financial Group on various retail and institutional brokerage regulatory questions.
    • Development and implementation of Volcker Rule policies and procedures for U.S. banking entities.
    • Creation of form agreements and procedures for customer onboarding for broker-dealers of different sizes.
    • Several municipal advisors with their registrations and compliance programs, as well as a number of bank securities lending groups on whether they need to register as municipal advisors.
    • The Financial Services Roundtable with respect to comment letters on various topics, including securitization risk retention rules, FINRA’s retrospective review, proposed Regulation SCI and municipal advisor proposed rules.
    • SIFMA and ICI on the industry project to shorten the settlement cycle in the U.S. to T+2.
    • US and non-US boutique investment banks and private fund sponsors with registration issues, Rule 15a-6 issues and interpretation of the M&A Broker no-action letter, as well as policies and procedures to implement the advice.
    • Broker-dealer and hedge fund trading desks with day-to-day securities trading questions.
    • Due diligence and regulatory approvals for numerous acquisitions involving broker-dealers, including, among others, the acquisitions of Philadelphia Financial Group, American Beacon, Protective Life and Cutwater Asset Management.
    • Several U.S. and non-U.S. banking organizations in evaluating the impacts of Basel III on their broker-dealer affiliates.
    • Negotiation of numerous technology agreements for broker-dealers, banks and other financial services companies.
    • Several platforms seeking to develop crowdfunding capabilities for both accredited investors as well as under the pending JOBS Act rules.
    • Various clients concerned about the impacts of the credit risk retention rules for asset-backed securities.
    • The formation and registration of new broker-dealers for banks, private equity sponsors and start-ups.

Education

  • American University, Washington College of Law, 1991, J.D.
  • University of Michigan, 1986, B.A.