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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
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- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
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- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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More Prominent Prosecutors Leaving For Private Practice
That sound you hear is the revolving door between government and private practice. Over the past few years, a number of top Justice Department lawyers have headed for private practice. Last year, of course, former attorney general Eric Holder returned to Covington & Burling, where he was reunited with former criminal division head Lanny Breuer.
More recently, former acting associate attorney general Stuart Delery joined Gibson Dunn. And the revolving door spins on the plaintiffs’ side too: Sean McKessy, former head of the SEC’s whistleblower program, recently moved to Phillips & Cohen.
Here in New York, prominent prosecutors are leaving the legendary Southern District of New York for greener pastures.
- Jessica Ortiz, former chief of the narcotics unit at the Southern District U.S. Attorney’s Office, joined MoloLamken - as the first woman partner of his 25-attorney litigation boutique.
- Arlo Devlin-Brown, former chief of the public corruption unit, joined Covington & Burling as partner a few weeks ago.
- Nicole Friedlander, former chief of the complex frauds and cybercrime unit, joined Sullivan & Cromwell as special counsel this month.
- Jessica Masella, former co-chief of the narcotics unit, joined DLA Piper as partner in August.
- Brendan McGuire, former head of both the public corruption unit and the terrorism unit, joined WilmerHale as partner in May.
- Sara Shudofsky, former head of the civil division, joined Arnold & Porter as partner in June.
As far as U.S. Attorney Preet Bharara - some believe the high-powered prosecutor has his sights on elected office. If not, he could negotiate quite a deal for himself.
