Four former senior attorneys with the Financial Industry Regulatory Authority Department of Enforcement joined King & Spalding’s Government Matters practice group in its New York office, the firm announced Monday.
Mirella deRose, Russell Johnston, Richard Margolies, and Michael Watling are among the more than 70 attorneys that the global firm has hired this year to join its office in the Big Apple.
Johnston, Margolies, and Watling come to the firm directly from FINRA, while deRose joins from Lewis Baach Kaufmann Middlemiss PLLC, a litigation boutique specializing in international financial disputes, financial compliance, and white collar defense and investigations.
The four hires bring a variety of expertise to King & Spalding, which has a total of 1,000 lawyers in 20 offices.
“Their insights and experience dealing with FINRA rules, FinTech, cryptocurrency, anti-money laundering and Foreign Corrupt Practices Act issues will be a huge asset to the firm and our clients,” said Wick Sollers, head of the Government Matters practice group.
Johnston led FINRA’s legal team on issues emanating from the Puerto Rican debt crisis and worked on FINRA’s earliest financial technology matters. DeRose brings extensive experience with anticorruption and international regulatory investigations, particularly in Latin America.
DeRose told Bloomberg Law in an email King & Spalding clients should expect heightened focus on areas where investors and financial markets are most at risk, with exams and investigations “conducted by sophisticated regulatory staff with deep subject matter expertise in critical areas including anti-money laundering, FinTech, and firm supervision.”
Nearly 300 attorneys comprise the Government Matters group, which advises clients on regulatory landscapes, complex investigations by U.S. and foreign enforcement authorities, and highly sensitive internal investigations. The group also contains the firm’s Securities Enforcement and Regulation team.
The group has had some notable hires as of late, including former Acting U.S. Attorney General Sally Yates, who joined the Washington and Atlanta offices in May. The group boasts numerous former government employees, including six U.S. Attorneys, 23 Assistant U.S. Attorneys, and other former senior officials from regulatory and enforcement organizations.
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