Steve Crimmins represents clients in enforcement investigations and litigation conducted by the Securities and Exchange Commission and other financial services regulators, as well as in private securities litigation. He also leads internal investigations and counsels on regulatory compliance, corporate governance and other SEC-related issues.
Mr. Crimmins practiced with the SEC for 14 years, eight of which were in senior management. As the Deputy Chief Litigation Counsel of the SEC’s Enforcement Division in Washington, D.C. from 1993 until 2001, he was one of 11 members of the Senior Executive Service at division headquarters. Mr. Crimmins co-managed a unit of 25 first-chair trial attorneys representing the SEC in hundreds of securities cases in the federal courts and in administrative proceedings. He also consulted on SEC investigations, participated actively in settlement negotiations, and served as an adviser to attorneys in SEC regional offices. Mr. Crimmins joined the SEC as a trial attorney in 1987 and continued to litigate and try cases for the agency after his promotion to senior management in 1993. He began his career at a large New York law firm after studying law at Columbia.
Since returning to the private sector in 2001, Mr. Crimmins has successfully represented public companies, directors, senior corporate officers, financial services firms and their professionals, Big Four accountants and others in a wide range of securities cases. These have included SEC matters charging financial reporting violations, insider trading, market manipulation, and violations of rules governing broker-dealers, investment advisers and investment companies. On multiple occasions he has obtained SEC “termination letters” closing investigations as to clients without enforcement action following Wells notices.
Mr. Crimmins is the Chair of the Federal Bar Association’s Securities Law Section and its Executive Council, and also the Chair of the D.C. Bar’s Committee on Broker-Dealer Regulation and SEC Enforcement. He has been recognized by “Chambers USA: America's Leading Lawyers for Business” as a “key individual” for securities regulation - enforcement; by “Best Lawyers in America” for securities litigation and securities regulation; and by “Washington D.C. Super Lawyers” for securities litigation. He has testified twice before Congress on SEC matters, is regularly quoted by the national news media, speaks on CLE panels, and frequently publishes updates and articles on securities enforcement and litigation, including a recently published article in the Columbia Business Law Review on the shifting liability lines in insider trading cases.
Professional Leadership Activities
Selected Professional Publications