Securities

JORDEN BURT's Securities Industry Group is an integral part of the Firm's core legal practice, which specializes in the representation of diversified financial services companies. Lawyers in the Firm's Securities Group have extensive knowledge of securities, other financial products, and the business of their distribution, allowing the Firm to provide legal counseling on every aspect of the broker-dealer business. The Securities Group is dedicated to servicing the needs of broker-dealer clients nationwide.

JORDEN BURT's securities specialists include nationally recognized leaders in securities law and broker-dealer regulatory and compliance issues, including former staff of the SEC and FINRA. The Firm's lawyers are leading authorities on broker-dealer regulatory issues, knowledgeable in financial products, attorneys who have counseled broker-dealers from creation to termination, and lawyers proficient in criminal and civil white collar defense of the industry. JORDEN BURT attorneys have been retained by members of the industry as SEC and NASD-approved consultants in satisfaction of requirements imposed by regulators in the settlement of government and SRO enforcement actions. The Securities Group provides ongoing regulatory, compliance, enforcement, and transactional legal services related to all aspects of the broker-dealer business.

Broker-dealer clients of JORDEN BURT also enjoy the services of the Firm's highly successful litigation practice team, which defends the financial services industry nationwide in class action litigation, civil fraud and punitive damage lawsuits, and other high exposure litigation involving the distribution of financial products and services. JORDEN BURT litigators have defended financial institutions in a wide variety of civil and criminal actions throughout the United States and the litigation practice team has gained a national reputation for handling the toughest cases in the most difficult venues.

SECURITIES COUNSELING AND TRANSACTIONAL PRACTICE

JORDEN BURT's business and regulatory lawyers have extensive experience with every aspect of the securities industry and are intimately familiar with the business practices and objectives of broker-dealers.

JORDEN BURT has extensive experience in the formation of broker-dealers. In these corporate organizations, the Firm's lawyers have guided broker-dealer clients through every phase of the formation and regulatory approval process, including entity formation, application process, gaining approval from the NASD, handling interviews, supervisory procedures, and preparing all necessary documentation.

For broker-dealers that are "up and running," JORDEN BURT provides a full service regulatory and compliance counseling practice, including issues and requirements relating to supervision and supervisory procedures, books and recordkeeping, CRD reporting, cash and non-cash compensation rules, correspondence and e-business issues, privacy rules, anti-money laundering rules, OFAC regulations, currency transaction reporting requirements, order handling, marketing, sales, advertising and sales literature, suitability, trading rules, hot-issue rules, net capital, customer reserve requirements, and fidelity bonds.

With respect to anti-money laundering compliance, JORDEN BURT has assisted broker-dealer clients in the evaluation of existing anti-money laundering (AML) programs, as well as counseled on the design and implementation of AML compliance procedures. We have advised clients on their responsibilities related to customer identification, suspicious activity monitoring and reporting, currency transaction reporting, and recordkeeping. We have counseled clients with respect to delegation of AML compliance responsibilities and prepared related agreements. We have also counseled clients on OFAC compliance.

JORDEN BURT also assists broker-dealer clients in preparing for regulatory examinations, conducts mock examinations, and assists in responding to regulatory examination inquiries.

For those firms or representatives that find themselves the subject of regulatory inquiries or enforcement actions, JORDEN BURT provides experienced representation designed to limit the financial, reputational, and licensing exposure. JORDEN BURT's criminal defense practice group assists in any inquiries that raise such concerns.

JORDEN BURT is the leading national boutique representing the life insurance industry and JORDEN BURT's insurance product specialists serve as important members of the Securities Group. The Firm is uniquely qualified to counsel broker-dealers offering insurance products as part of their portfolio of products and services.

SECURITIES LITIGATION AND ARBITRATION

JORDEN BURT is well known for the strength of its national litigation practice in the financial services arena and the Firm's litigators have compiled an impressive list of litigation successes in some of the toughest venues in the United States. The Firm specializes in the defense of national and state class action litigation, securities and consumer fraud litigation, punitive damage litigation, all types of regulatory and state statutory violations, and bad faith claims.

Litigators in the Securities Group have experience with all aspects of customer litigation and arbitration, disputes between broker-dealers including commercial, contract, and unfair competition claims, employment litigation, and litigation with agents and agencies.

JORDEN BURT litigators also regularly handle litigation and dispute matters in the following substantive areas:

• National and state class action defense

• Securities litigation and arbitration

• Commercial disputes, unfair competition, and sophisticated contract litigation

• Criminal investigations and defense, fraud, and RICO litigation

• High risk punitive damage litigation

• ERISA, labor, and employment litigation

• Trademark, copyright, and intellectual property litigation

• Appellate litigation in all federal and state courts

• First Amendment, advertising, and media disputes

• Antitrust litigation