While financial institutions are fighting the uphill battle of an ever-growing laundry list of compliance initiatives-MiFID, Basel II, Reg NMS and Sarbanes-Oxley-law firms are jumping on the bandwagon to offer “securities regulation” services to firms.
A securities regulation and enforcement group has joined Mayer, Brown, Rowe & Maw LLP. The nine partners, from Crowell & Moring LLP, include former high-ranking SEC and NASD Enforcement officials and federal prosecutors with broad experience defending corporate and financial services clients in a full range of investigations and actions by the SEC, the NYSE, the NASD, the Justice Department and the New York Attorney General. The group also includes a preeminent investment management practice, including a former Director of the SEC’s Division of Investment Management.
“Mayer, Brown, Rowe & Maw’s international platform and world class banking and finance practice are the primary draws,” explained Richard Morvillo, who is joined by fellow partners Bruce Bettigole, Pat Conti, Joseph Goldstein, Jeffrey Robertson and Peter White on the securities enforcement, litigation and white collar defense team.
The organization defends corporate and financial clients in complex civil and criminal securities litigation, and advising broker-dealers, investment banks, investment advisers and asset managers on a wide range of securities compliance, regulatory and corporate governance issues and have been at virtually every significant issue affecting Wall Street and Corporate America, including civil and criminal matters related to Sarbanes-Oxley compliance, Regulation FD, mutual fund trading, IPO allocations, best execution, NYSE specialist and OTC market making activities, municipal securities reform, in addition to numerous cases involving allegations of financial fraud, accounting irregularities, and insider trading.Mayer, Brown, Rowe & Maw LLP has an astonishing 100 lawyers engaged in securities and corporate governance litigation, enforcement, compliance and white collar defense work.