Wiggin and Dana's Investment Adviser and Broker-Dealer Enforcement and Litigation group includes former federal and state prosecutors and SEC enforcement attorneys. We represent investment advisers, broker-dealers and their registered representatives, as well as hedge funds and other market participants in civil and criminal investigations, prosecutions and regulatory proceedings. We also represent these clients in customer-initiated securities litigation and arbitration proceedings.

Regulatory Enforcement Defense

We represent companies and individuals in investigations and enforcement actions brought by all securities regulators, including, among others

  • the SEC
  • the U.S. Department of Justice (DOJ)
  • the Financial Industry Regulatory Authority (FINRA)
  • the New York Stock Exchange (NYSE)
  • the Commodity Futures Trading Commission (CFTC)
  • State Securities Regulators
  • State Attorneys General

Our experience ranges from preparing for and managing the regulatory examination process, responding to examination findings and the Wells process, and litigating enforcement proceedings. Our group includes prominent senior alumni of the SEC, the New York Fed, and the DOJ who have the experience and credibility to resolve matters with governmental agencies expeditiously and successfully. We have represented clients in a wide variety of cases, including

  • Insider trading
  • Corporate disclosures
  • Market manipulation
  • Fraud and misrepresentation
  • Anti-money laundering
  • Supervision of broker-dealer divisions and personnel
  • Market timing
  • Options backdating

Private Securities Litigation Services

We represent companies and individuals in customer-initiated claims in FINRA, NYSE, NFA, and AAA arbitrations, as well as in state and federal court litigation. We represent our clients in every type of industry dispute, such as claims of securities fraud, churning, suitability, misrepresentation, and failure to supervise. Our team has handled litigation and arbitration claims covering a wide variety of products and strategies, including:

  • Equities and fixed income securities
  • Mutual funds and ETFs
  • Hedge funds and other private funds
  • Options
  • Commodities and futures
  • Fixed and variable annuities
  • Auction rate securities
  • Mortgage backed securities
  • Collaring strategies

We also have extensive experience in handling financial services employment matters, such as claims of wrongful termination, harassment, discrimination, and defamation.