Vedder Price

Broker/Dealers Vedder Service

We are well versed in defending broker-dealers, their registered persons and others in a wide variety of regulatory settings, including enforcement inquiries, examinations, investigations, contested actions, and other disciplinary proceedings initiated by the Securities and Exchange Commission (SEC), the Department of Justice (DOJ), the Financial Industry Regulatory Authority (FINRA) and other self-regulatory organizations and state agencies. We have extensive experience in defending financial institutions in federal and state court trials and appeals, arbitrations and mediations, and administrative proceedings.

Our litigation and enforcement experience includes sales practices, customer disputes, collateralized debt obligations, mortgage-backed securities, auction rate securities, hedge funds, variable annuities, exchange-traded funds, insider trading, money laundering, clearing, prime brokerage, customer privacy, securities lending and research.

Our team provides skilled advice on regulatory, compliance, supervisory and operational issues unique to broker-dealers and their registered persons. We also regularly assist clients with the development, audit and testing of compliance policies, procedures and systems, and conduct internal investigations and mock examinations to proactively manage governmental scrutiny.