Our lawyers include former SEC enforcement lawyers and examiners that have the experience to expertly navigate the often confusing and complex rules governing the securities and investment adviser industries. Let us put over 100 years of collective experience and expertise to work for you.
Sadis’ Securities Enforcement Defense practice focuses on government investigations, SEC Enforcement actions and FINRA enforcement actions. Sadis regularly defends investment advisers and broker dealers against government investigations by the SEC, FINRA, CFTC, U.S. Attorneys’ Office, and other government agencies involving a wide-variety of securities law issues. Recent notable representations include:
Experience
Successfully represented former Chief Investment Officer of $1+ billion AUM investment adviser in S.E.C. into allegedly improper allocation of expenses and soft-dollar credits. Obtained S.E.C. termination letter recommending no enforcement action.
Represented broker-dealer and CEO in S.E.C. insider trading investigation, including defending witness in testimony and advocating against any action against clients.
Successfully represented broker-dealer and its CEO in investigation referred by S.E.C. to FINRA Department of Enforcement into front-running and cross-trading involving an affiliated investment adviser. Obtained Letter of Caution with no other sanctions.
Represented broker-dealer in S.E.C. investigation into alleged Reg. SHO and Section 15(c) market access issues arising out of use of defective order management system.
Represented $2+ billion AUM investment adviser and President in S.E.C. investigation into alleged overstatement of financial results, AUM, and failure to disclose conflict of interest. Obtained favorable settlement with negligence-based claims and low financial sanctions.
Representing Head of Family Office in joint investigation by S.E.C. and U.S. Attorneys’ Office for the Eastern District of New York, including defending client in S.E.C. interviews and U.S. Attorneys’ Office proffer sessions, and preparing witness for trial testimony.
Successfully represented former Managing Director of Investment Bank in S.E.C. insider trading action, including obtaining partial dismissal of S.E.C. claims and negotiating favorable settlement with one negligence-based claim and minimal monetary sanctions.
Represented multi-billion AUM Fund of Hedge funds and its officers in joint investigation by S.E.C. and U.S. Attorneys’ Office for the Southern District of New York into valuation and alleged price mismarking.
