We apply our collective experience drawn from prior in-house legal, compliance and operations positions as well as our roles as former regulators to assist our clients with complex matters from the fact-finding stage through resolution and, if necessary, remediation.

Led by former regulators, senior bank executives, and traders, we deliver innovative, data-focused regulatory and litigation support, remediation solutions and compliance advisory services. Our team has deep and vast expertise in the financial services industry with a proven track record of assisting clients by taking a sophisticated and informed approach to complex regulatory and compliance matters. 

Our Financial Services Regulatory and Compliance team focuses on securities, commodities, and derivatives markets, as well as banking and digital asset market related matters. Our team is drawn from former top executives at leading global banks and former regulators across the industry who collectively bring decades of deep industry knowledge, experience, and specialized skills to assist clients with event-driven work or proactive compliance advisory work. The team includes former senior legal and compliance executives (broker-dealers, hedge funds, energy companies), former regulators (SEC, CFTC, FRB, FINRA, etc.), traders, lawyers, CPAs, and data scientists. We leverage our collective experience across businesses and product lines to provide our clients with pragmatic solutions and advice.

We have demonstrated our deep understanding of regulatory expectations having served as Independent Consultants and Compliance Monitors responsible for remediating numerous consent orders from various regulators. As experts, we stand ready to explain any work we have done on behalf of clients to regulators. 

OUR APPROACH

Having served in house, we are conscious of the process and restrictions related to engaging consulting firms and understand that clients have a choice. We approach each potential engagement with a practical lens to help maximize effort and minimize client impact. Our team is strategic, efficient and conscientious of cost.

DISPUTES AND INVESTIGATIONS SERVICES

• Regulatory Investigations and Response 
  • Provide end-to-end support for regulatory inquiries and investigations, including fact-finding, data analysis, production management, root-cause assessment, and communications with regulators.
• Monitorship and Independent Compliance Consultant Support 
  • Perform ICC and independent monitor roles and execute responsibilities as designated by regulatory orders and provide end-to-end program reviews. 
• Quantitative and Statistical Data Analysis 
  • Analyze data, apply customized and traditional econometric techniques, and deliver insights that support litigation, arbitration, and regulatory investigations.
• Market Event and Portfolio Reconstruction 
  • Reconstruct historical market events, recreate past trading positions and risk exposures, and develop visualizations or simulations for comprehensive analysis.
• Market Manipulation and Disruptive Trading Assessment 
  • Assess market activities, surveillance alerts, and controls to identify and evaluate potential indications of market manipulation or disruptive trading, and support corrective action.
• Non-financial Regulatory Reporting 
  • Design and execute remediation programs, including quantitative substantiation of data issues, determining root causes, and supervisory controls to detect and support corrective action. 
• Remediation and Client Impact Resolution 
  • Design and execute remediation programs, including identifying relevant populations, performing impact and client reimbursement calculations, and providing settlement support.
• Litigation and Expert Support
  • Provide expert witness testimony, dispute analysis, damage modeling, and document management across regulatory, criminal, civil and class action matters.
• Internal Audit Support
  • Assist with internal audit execution, testing and audit closure validation. Assess program structure and effectiveness.

ADVISORY SERVICES

• Compliance, Governance, and Supervision 
  • Assess and enhance compliance programs and supervisory frameworks, related controls, reporting, and regulatory readiness.
• Risk Management 
  • Evaluate risk management frameworks, support Risk and Controls Self-Assessments (RCSAs), and assist with risk prioritization and mitigation. 
• Compliance Testing 
  • Periodic testing such as branch inspections and annual certifications testing, and reporting requirements. 
• Regulatory Assessments, Exam Readiness, and Support 
  • Perform independent regulation-based assessments; assist in exam preparation and execution, and support post-exam activities such as regulatory issue response and validation.
• Regulation Readiness 
  • Support with interpretation, implementation, and testing of regulatory requirements. 
• Transaction, Trade, and Surveillance Reviews 
  • In-depth reviews of trading activity, reporting, surveillance alerts, and supervisory controls to identify issues, assess impact, and support corrective action.
• Data Management and Governance 
  • Assess and enhance data governance frameworks and improve end-to-end data integrity. 
• Technology and Systems Review 
  • Review system functionality and integration, assess automation opportunities, and support design and selection of technology solutions.
• Policies and Procedures 
  • Align policies, Written Supervisory Procedures (WSPs), related training, and documents with regulatory and operational requirements.
• Benchmarking
  • Compare firm practices to peers and leading industry practices. Provide anonymized results to participants.

CLIENTS WE SERVE

We have been engaged by a variety of clients across the financial services industry, including but not limited to: 

• Law firms
• Broker-dealers
• Consumer, commercial, and regional banks
• Investment banking and capital markets
• Commodity merchants
• Energy trading firms and marketers
• Wealth management 
• Registered investment advisers
• Futures commission merchants 
• Swap dealers and security-based swap dealers
• Digital assets/cryptocurrency 
• Hedge funds
• Private equity
• Family offices
• Exchanges