Broker-Dealer Regulatory and Enforcement

We have particularly significant experience representing many of the leading market makers, HFTs, alternative trading systems, institutional agency brokers, electronic retail brokers, prime brokers, correspondent clearing firms and specialty securities-finance firms. Our ongoing interaction with regulators positions us to advise clients on issues at the forefront of the regulatory agenda, including best execution, audit trail reporting, algorithmic trading, net capital, segregation and securities finance/margin.

In addition, we represent buy-side firms regarding market regulation matters and their dealings with broker-dealers and banks in connection with their securities finance arrangements. We also act as regulatory counsel in connection with acquisitions of, or investments in, broker-dealers.

Our integrated, comprehensive approach draws on the capabilities of Schulte’s SEC Enforcement, Bank Regulatory and Investment Management groups. This enables us to respond to a wide range of client issues.