Amy serves as the Co-chair of Baker McKenzie’s North American Financial Regulation and Enforcement Practice, which provides our clients with a full range of regulatory advice and enforcement counseling.
Previously, Amy has served as chief litigation counsel at the US Securities and Exchange Commission's (SEC) Philadelphia regional office and managed a team of lawyers overseeing a wide variety of enforcement matters and investigations.
Amy advises all manner of financial industry clients and SEC reporting companies, in connection with regulatory enforcement investigations and examinations, as well as internal investigations. Her clients include broker-dealers, investment advisers, hedge funds, mutual funds, securities issuers and reporting companies, and commodities traders.
Clients have sought Amy’s advice on matters as diverse as conflict of interest disclosures, sales practices concerns, insider trading, financial reporting and accounting issues, allegations related to securities offerings, investigations into complex products and trading, whistleblower concerns, and Dodd-Frank and Sarbanes-Oxley issues. She also handles inquiries concerning anti-money laundering issues, and violations of the US Foreign Corrupt Practices Act.
Amy often coordinates these efforts with ongoing criminal investigations, multiple enforcement/regulatory efforts, and civil litigation. She also assists clients by conducting internal investigations and providing counsel on regulatory examinations and compliance issues.
Representative Legal Matters
Prior to joining the Firm, Amy handled the following matters:
- Represented multinational brokerage and financial markets technology firm in connection with Market Access Rule compliance investigations and negotiated favorable settlements with multiple regulators.
- Represented multiple investment advisers and dually registered investment adviser-broker dealer firms in connection with the SEC's share class selection disclosure (SCSD) self-reporting initiative. The SCSD initiative targeted the adequacy of disclosures by financial services firms of conflicts of interest when recommending mutual fund share classes that pay distribution fees (12b-1 fees) to the firms or their affiliates, when lower cost share classes are available.
- Represented several affiliated broker-dealer firms in connection with FINRA's investigation of sales practices and customer disclosures related to variable annuity products. We were able to obtain a favorable settlement for these clients, at a critical time in their businesses.
- Successfully persuaded SEC Enforcement to close an investigation of our investment adviser client, opened upon referral from an examination, related to Staff concerns about sales practices and potential conflicts of interest.
- Convinced SEC Enforcement to close its investigation of our global financial services client, which had been opened based on allegations by a putative whistleblower, asserting a variety of claimed securities laws violations.
- After multiple referrals of examination findings were consolidated, successfully resolved SEC Enforcement matter charging multiple compliance failures and breaches of fiduciary duty by affiliated dual registrant firms.
- Represented a global financial services firm in connection with an SEC investigation into the firm's market making activities. related to the initial listing of securities that tracked certain cryptocurrencies, resulting in a successful settlement.
- Defended a major global financial institution in an SEC investigation into mortgage securitization and marketing practices and related financial reporting issues.
- Conducted significant internal investigation for financial services client related to issues discovered during company's annual internal compliance audit related to a defect in a technology application used for securities trading and other processes.
- Represented a mortgage originator/servicer/underwriter/issuer in a USD 10 billion residential mortgage-backed securities litigation, which was successfully settled.
- Recommended, The Legal 500 US, 2016
- Recognized, SEC Chairman's Award for Excellence, 2007
- Partnership Award, Allegheny County Bar Foundation, 2005
- Emissary for Justice Award, Pennsylvania Legal Services, 2003
- Outstanding Service Recognition, Neighborhood Legal Services Association, 1995
- Pro Bono Program Outstanding Volunteer, Allegheny County Bar Association, 1995
- Pro Bono Publico Award, American Bar Association, 1995
Professional Associations and Memberships
- New York City Bar Association - Member
- Allegheny County Bar Association (Pittsburgh) - Member and Former President
- Bedlam Theatre - Member, Board of Directors
- District of Columbia (2017)
- New York (2009)
- Pennsylvania (1989)
- U.S. Court of Appeals, Second Circuit (2012)
- U.S. Court of Appeals, Third Circuit (1990)
- U.S. Court of Appeals, Fourth Circuit (1990)
- U.S. District Court, Southern District of New York~United States (2011)
- U.S. District Court, Eastern District of Pennsylvania~United States (2005)
- U.S. District Court, Western District of Pennsylvania~United States (1989)
- Marshall-Wythe School of Law of the College of William and Mary (J.D.) (1989)
- Gettysburg College (B.A.) (1985)
- Co-author, "Looking Back & Looking Ahead, Financial Regulation and Enforcement 2019/2020," Baker McKenzie, 2020