Sidley announced Barbara Stettner has joined the firm’s Securities Enforcement and Regulatory practice in Washington, D.C. Stettner joined from A&O Shearman, where she worked as U.S. Head of Financial Services Regulatory.
She was formerly a member of their global board and executive committee and was managing partner of their Washington, D.C. office. C. Wallace DeWitt, a counsel from A&O Shearman, will join Stettner.
Stettner advises U.S. and foreign financial institutions on regulatory and compliance obligations under state and federal securities laws. And she represents a wide range of clients, including foreign and domestic banks and investment banks, asset managers, private funds, private wealth institutions, and broker-dealers — on regulatory issues related to U.S. and cross-border securities activities, such as cross-border fund raising activities, and broker-dealer, exchange/ATS, finder, and 15a-6 chaperoning and placement agent status questions.
Plus, Stettner has a particular focus on the complex domestic and cross-border broker-dealer, investment adviser, and bank-related regulatory issues that arise in the private wealth sector. She formerly served as special counsel to the SEC’s Division of Market Regulation, now Trading and Markets, in the Office of the Chief Counsel and as an attorney advisor in the Office of Risk Management and Control. She also served as Senior Counsel in the SEC’s Office of International Affairs.
DeWitt advises foreign and domestic financial institutions on various securities regulatory matters, focusing on the private wealth sector and the cross-border distribution of investment services and financial products. He regularly represents clients before U.S. federal and state financial regulatory authorities, including the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority. And DeWitt also represents clients in filing comment letters and amicus briefs in connection with SEC rulemakings. He formerly served as senior counsel to Acting Chairman and Commissioner Michael Piwowar of the U.S. Securities and Exchange Commission and as law clerk to the Hon. Laurence H. Silberman of the U.S. Circuit Court of Appeals for the District of Columbia Circuit.
These executives’ arrivals follow those of former CFTC Enforcement Director Ian McGinley to Sidley’s office in New York and former Deputy Assistant Attorney General for the U.S. Department of Justice’s Criminal Division Lisa Miller to Sidley’s office in Washington, D.C.
KEY QUOTES:
“Barb’s practice brings strong synergies with our existing capabilities and client base, while also addressing key areas where we’re excited to expand. Her addition allows us to broaden our offerings with another marquee partner who brings deep, specialized experience to the team.”
Kristin Graham Koehler, managing partner of Sidley’s Washington, D.C., office and a member of the firm’s Management Committee and Executive Committee
“Barb and Wallace are well known across the industry, including with many of our partners, clients, and regulators. Her extensive cross-border experience adds a powerful dimension to our capabilities and will enhance the value we deliver to clients around the world.”
Stephen Cohen, leader of Sidley’s Securities Enforcement and Regulatory practice
