Financial Services & Regulatory
Our Successes Portfolio Manager Avoids Sanctions

Lawrence Kamin successfully represented a mutual fund portfolio manager in a federal regulatory investigation focused on valuation of fund assets. The regulator chose not to file an enforcement action against our client.


Broker-Dealer Executive Fends Off Public Corruption Charges

In an FBI investigation into public corruption and municipal securities law violations, Lawrence Kamin represented an executive of a broker-dealer. The FBI closed its investigation and no charges were brought against our client.


Chief Financial Officer Minimizes Liability

Lawrence Kamin attorneys successfully defended and helped minimize liability for the chief financial officer of a publicly-traded company in a well-publicized accounting irregularity investigation.


Performs Internal Investigation of Mutual Fund Family

At the request of the independent directors of a mutual fund, Lawrence Kamin conducted a successful internal investigation into valuation issues. When regulatory investigations were later initiated, our firm was called upon to testify before the SEC.


Representation Helps Corporate Officer to Limit Insider Trading Sanctions

Lawrence Kamin defended a corporate officer in an insider trading investigation of his company’s stock. Our firm successfully resolved the matter and helped our client minimize the sanctions imposed.


Military Contractor Successfully Defends Against Whistle-Blower Charges

Lawrence Kamin defended its military contractor client against a whistleblower complaint lodged with the United States Air Force. The complaint threatened the client’s approved military contractor status. At the conclusion of our work, which included meetings with senior officials at the Pentagon, our client was allowed to maintain its approved status and continue its military business relationship.


Private Equity Principal Settles SEC Investigation

A principal in a private equity fund enlisted Lawrence Kamin to represent him in an SEC investigation. The settlement achieved continues to be recognized as one involving a novel interpretation of investment adviser and broker-dealer law.


Chief Compliance Officer Avoids Liability

Lawrence Kamin represented the chief compliance officer of a broker-dealer in a FINRA investigation into soft dollar expenses. Our effective defense strategy resulted in the CCO’s avoidance of liability.


Regulatory Settlement Allows Clients to Continue Operations

Lawrence Kamin defended a broker-dealer and its compliance and trading personnel in a self-regulatory organization investigation involving rapid order entry. Our attorneys negotiated undertakings into the settlement that satisfied regulatory concerns, allowing the broker-dealer and its personnel to maintain their licenses and continue in business.


Lawrence Kamin Defends Futures Traders in Spoofing Investigations

When the Chicago commodity exchanges enhanced its market manipulation and spoofing surveillance program and initiated a wave of spoofing cases, Lawrence Kamin helped several futures traders avoid significant sanctions in some of the earliest of the exchange’s investigations.


Broker-Dealer Minimizes SEC Sanctions

In an investigation conducted by the SEC’s New York Office centered on disadvantaging customer orders, Lawrence Kamin effectively counseled a Chicago-based broker-dealer, minimizing regulatory penalties.


Wells Submission Persuades FINRA to Drop Enforcement Proceeding

FINRA had informed Lawrence Kamin’s registered representative client of its intent to commence enforcement proceedings. Our attorneys’ Wells submission on the client’s behalf convinced FINRA to close the investigation without charges.


Lawrence Kamin Assists Client in Crafting Innovative Resolution with State Regulator

Our broker-dealer client was the subject of class action lawsuits and a related state regulatory investigation. Lawrence Kamin helped to craft an innovative resolution – one that favorably settled both the civil and regulatory components.


Lawrence Kamin Defends Traders in Nationwide Investigation

Our firm represented options traders in a nationwide investigation of short sale activity. We skillfully defended the traders in related investigations and subsequent proceedings brought by exchanges and self-regulatory organizations.


Insurance Company Avoids Liability in
LP Securities Litigation

Lawrence Kamin served as local and co-counsel in its defense of an insurance company in nationwide class action securities litigation involving limited partnership investments. While the litigation was consolidated in Chicago, our attorneys handled ancillary proceedings brought in multiple jurisdictions, allowing our insurance company client to recoup its claim payments.


Our Strategies Analysis and Advocacy Results in Regulator Closing Investigation

SITUATION: Our private equity fund manager client was the target of a whistleblower complaint filed with a federal regulator by a disgruntled former employee. Allegations included bribery of domestic and foreign public officials, and improper treatment of travel and entertainment expenses. The regulators commenced an enforcement investigation, and issued several subpoenas.

STRATEGY: Lawrence Kamin attorneys reviewed and analyzed several hundred thousand documents, which were simultaneously produced to the regulator. We also conducted extensive interviews with our client’s personnel, amounting to a scaled internal investigation. Based on our reviews, we concluded that the allegations against our client were meritless. Our attorneys asked for, and were granted, a meeting with the regulator’s staff, without our client required to be present. We used the meeting as an opportunity to show that, based on the information we had produced, our client did not engage in any violative conduct.

RESULT: The compelling case evidence amassed by Lawrence Kamin resulted in the investigation being closed with no action taken against our client. In fact, none of our client’s personnel, including its principals and portfolio managers, were required to testify. Our client never faced any charges alleging violation of the Foreign Corrupt Practices Act or the Investment Advisers Act.


Regulatory Experience Leads to Successful Acquisition

SITUATION: Our firm was hired by a large law firm and its private equity fund client to serve as regulatory counsel for the fund’s proposed acquisition of a broker-dealer and investment advisory firm. The transaction was in the planning stage.

STRATEGY: Based on our regulatory and compliance experience, we assisted our clients in conducting the regulatory due diligence of the proposed target. We identified due diligence requests and required regulatory approvals, including a timeline for milestones in the approval process. Our attorneys also conducted interviews of the target’s principals. Relying on our work, our clients proceeded to the acquisition stage, where we assisted in drafting the purchase agreement with respect to regulatory approvals and compliance-related representations. As part of our engagement, Lawrence Kamin met with the regulatory staff members to explain the transaction and expedite the registration and approval process. As part of our dealings with the regulators, we drafted requisite registration forms and related compliance procedures.

RESULT: Our experience in effectively interacting with the regulatory bodies, and their staff, worked to our clients’ advantage. The engagement resulted in a successful acquisition, benefiting our clients at minimal cost.


Results content provided on this page is intended to be representative of the types of client matters Lawrence Kamin attorneys have handled and the legal expertise our professionals possess. Past performance is no guarantee of future results.

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