The SEC, states and self-regulatory organizations regulate securities broker-dealers, investment advisers and investment companies. Our lawyers have assisted many of these entities in their formation and registration with the SEC, the various states and membership in self-regulatory organizations such as the NASD. We also represent these entities in compliance with the ever changing regulatory scheme applicable to such businesses, in enforcement actions that are instituted by the SEC, various self-regulatory organizations and the states, and in the corporate finance activities conducted by securities broker-dealers.
We assist clients in responding to informal inquiries as well as formal SEC and SRO investigations. This includes working with the SEC or SRO staff in the course of its fact-finding. In that context, we present factual, legal, and policy arguments either to persuade the staff not to recommend enforcement proceedings, or to persuade the agency not to authorize such proceedings. We assist clients in developing strategies to resolve proceedings where they cannot be avoided. We also help to evaluate the collateral consequences of governmental proceedings on regulated entities and associated persons in the securities business.
The regulations applicable to regulated entities are often complex and are ever changing. New rules and regulations are being enacted by self-regulatory organizations, the states and the SEC, frequently in response to changing regulatory environments and social events. We stay abreast of such changes and assist in implementing compliance measures based on the particular business mix of each entity. Broker-dealers, investment advisers and investment companies are frequently the subjects of regulatory actions instituted against them by self-regulatory organizations, such as the NASD, states and the SEC. Each regulatory organization has different rules and procedures under which the investigations and enforcement actions are governed. Our firm has participated in the representation of clients in connection with such investigations and regulatory proceedings for many years we are familiar with the procedures associated with the different forums.
Securities broker-dealers frequently engage in corporate finance activities with a view to assisting public and private companies in the sale of securities and raising capital. These capital formation activities generally take the form of public and private offerings to retail and institutional clients of the broker-dealers. We represent securities broker-dealers in drafting registration statements, prospectuses and private offering memoranda and performing the due diligence that is necessary on behalf of broker-dealers acting as underwriters and placement agents in such offerings. Some of our attorneys also bring corporate finance and other industry experience to bear in the representation of broker-dealers.
Our firm represents issuers, underwriters, broker-dealers, law firms, accounting firms, securities professionals and investers in the full range of SEC, NYSE, FINRA, and other SRO proceedings, including investigations, administrative proceedings, arbitratrations and injunctive actions. We also represent clients in state securities agency enforcement proceedings. We specialize in defending individuals and other clients in SEC, state and self-regulatory organization investigations and enforcement proceedings and securties arbitrations.
We assist clients in responding to informal inquiries as well as formal SEC and SRO investigations. This includes working with the SEC or SRO staff in the course of its fact-finding. In that context, we present factual, legal, and policy arguments either to persuade the staff not to recommend enforcement proceedings, or to persuade the agency not to authorize such proceedings. We assist clients in developing strategies to resolve proceedings where they cannot be avoided. We also help to evaluate the collateral consequences of governmental proceedings on regulated entities and associated persons in the securities business.
The firm has worked on SEC enforcement matters involving market manipulation, insider trading matters, accounting practices, market making rules, penny stock issues, broker-dealer sales practices, broker-dealer markups, 13D/14D filings, registration statements, and fraudulent reporting