Updated
Updated · Bloomberg Law · Jun 22
O’Melveny Hires 2 Cleary Gottlieb Partners to Expand Financial Services Regulatory Practice
Updated
Updated · Bloomberg Law · Jun 22

O’Melveny Hires 2 Cleary Gottlieb Partners to Expand Financial Services Regulatory Practice

1 articles · Updated · Bloomberg Law · Jun 22

Summary

  • James R. Burns and Brant K. Brown joined O’Melveny’s Washington office as financial services regulatory partners, adding two senior lawyers from Cleary Gottlieb.
  • More than 20 years of working together underpins the pair’s trading and markets practice, which advises broker-dealers, exchanges, clearing agencies, private fund advisers and other market participants.
  • Burns brings senior leadership experience at the U.S. Securities and Exchange Commission, while Brown previously served at the Financial Industry Regulatory Authority.
  • The hires strengthen O’Melveny’s regulatory bench in Washington as firms compete for lawyers with deep securities-market and enforcement expertise.

Insights

As regulators rush to govern financial AI, are banks prepared for the coming wave of complex new liability risks?
As the CFTC and 41 states battle for control, who will ultimately regulate the booming prediction markets?
With the SEC proposing lighter reporting for large funds, are smaller investors now facing greater, unseen risks?