Elizabeth “Liz” C. Lyons concentrates her practice in financial services regulatory compliance and defense. She has represented a wide range of clients, from individuals working with commodity traders, brokerage firms, and retail advisory firms, to publicly-traded financial firms, investment advisers and private equity firms of all sizes. With a strong background in economics, Liz understands the conflicting interests that affect every decision financial professionals must make—from deciding how to structure their compliance program, to resolving a litigation or enforcement action.
Liz endeavors to find pragmatic solutions that work for her clients, with an eye toward preserving the client’s reputation, reducing unnecessary workload, and protecting the client’s bottom line. She understands that the right solution for a mega-firm is not always the right fit for a small shop or individual. Liz regularly counsels clients on managing regulatory inquiries and investigations as well as on how best to avoid becoming a target for regulatory enforcement. To that end, she proactively advises clients on legal obligations under laws and regulations administered by the SEC, CFTC, and self-regulatory organizations. Liz also helps clients set up and maintain compliance with Anti-Money Laundering laws and regulations, as well as data privacy and security regulations within the U.S. and abroad.
Prior to joining Lawrence Kamin, Liz clerked for the Hon. Anna M. Loftus and the Hon. Lisa A. Marino, both of the Circuit Court of Cook County. She also served as a legal extern in the Chicago Enforcement Division of the SEC. Her personal interests include photographing animals on remote coral reefs around the world and finding cliffs to climb—indoors or in the mountains.
SEC Enforcement Inquiry Completely Dropped
The SEC dropped its Enforcement inquiry into a foreign private investment fund without requiring any sort of enforcement fines or settlement agreement.
Industry Bar Converted to Censure Letter
Retained by a broker representative, mere days before the representative was to be barred from the securities industry, and successfully negotiated for a private letter of censure.
Total Zero at CBOE
Successfully defended an options trader in an administrative arbitration against a claim that the trader had misallocated trading profits amongst his group: the arbitration panel not only rejected the claimants’ claim entirely, it even assessed all forum fees against the claimants—which is a result rarely achieved in intra-industry arbitrations.
Liz C. Lyons named as an Emerging Lawyer – Commercial Litigation, 2017