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Andrew J. Shipe

Fax +1.202.778.9100
Andrew Shipe is a counsel in the firm’s Washington, D.C. office, where he is a member of the investment management practice group. He previously worked with a large international law firm, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC).

Professional Background

Mr. Shipe concentrates his practice on the regulation of financial intermediaries, including securities broker-dealers, derivatives brokers, and asset managers. His work includes counseling on the establishment of new businesses, registration with the SEC and CFTC, and membership in self-regulatory organizations, such as the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA).

Mr. Shipe regularly counsels financial institutions from Europe, Latin America, and Canada as to doing business in the United States capital and derivatives markets. For non-U.S. clients, Mr. Shipe provides guidance on registration and licensing, distribution of research reports, “chaperoning” arrangements under SEC Rule 15a-6, the operation of U.S. subsidiaries, and compliance with the restrictions of the Volcker Rule.

Mr. Shipe also has experience in providing guidance to broker-dealers and other financial firms with respect to planning new business lines, creation of new products, business combinations, and entry into new markets. He advises financial firms in mergers and acquisitions, securing regulatory approvals for new operations and changes in control, compliance with FINRA, NFA and other self-regulatory organization rules, negotiating brokerage, clearing and advisory agreements, and the qualifications of personnel.

Mr. Shipe also advises exchanges and trade execution platforms on compliance with the U.S. securities and derivatives laws. He also works with alternative financial services providers on the creation of new, unusual and innovative products, such as binary event options and prediction markets, and advises financial firms as to the legitimate and illegitimate uses of cryptocurrencies.