Tim has extensive experience advising multinational financial institutions, investment banks, wealth managers, depository institutions, custodians and clearing agencies, and fund complexes and sponsors (including alternative investment platforms) in matters involving Exchange Act licensing and regulatory requirements, including issues involving broker-dealer formation, individual registration, supervision, compensation, sales practices, institutional trading, underwriting, research, advertising, and communications. Tim has extensive experience advising clients in connection with the cross-border application of broker-dealer licensing and regulatory requirements, as well as regulatory change management, including regulatory approvals related to acquisitions and expansions of operations, as well as complex personnel matters. Tim also advises financial institutions regarding the intersection of broker-dealer requirements with digital assets and other areas of regulation, including investment adviser and commodity futures laws.
Tim has deep knowledge of broker-dealer operations of institutional trading, retail sales, fund distribution and underwriting, investment banking, mergers and acquisition advisory work, and platforms for access to alternative investment strategies.
Tim has also handled an extensive variety of regulatory inquiries and related investigations, in particular FINRA enforcement matters involving issues such as market manipulation, fair pricing and mark-up/mark-down, trade reporting, short sales, distribution restricted periods and marketplace structure rules. He has conducted large-scale retail sales practice investigations for retail broker-dealers involving complex products suitability. In these matters, Tim offers clients practical, risk-based assessments of applicable regulatory requirements and directly assists client teams in deciphering complex order, execution and routing data and other records.
Tim previously practiced in the financial regulation group of global law firm, having spent his entire career practicing in international law firms serving financial institution clients. Tim has authored, contributed to, and been quoted in a number of publications and media outlets, including American Banker, Bloomberg Law, Law360 and InvestmentNews.
