Marlon Paz counsels broker-dealers and other financial services firms in matters related to securities regulation, regulatory enforcement, internal investigations and examinations, and compliance. He also helps clients navigate acquisitions of brokers, dealers, and investment advisers.
Mr. Paz combines government service, academia, and industry focus to help brokerage and advisory firms and individual executives as they manage complex securities laws.
Clients turn to Mr. Paz when faced with complex regulatory matters before the SEC or one of the self-regulatory organizations, such as the Financial Industry Regulatory Authority (FINRA).
- Status and registration requirements, particularly Rule 15a-6
- Financial responsibility
- Short-sale regulation
- Automated trading
- Sales practice rules
- Regulation ATS
- Regulation M
- Research and Soft-dollars
- Clearance and settlement
- Credit rating agency regulations
- Insider trading policies and procedures
- Rules relating to self-regulatory organizations
Mr. Paz brings clients seasoned and insightful advice drawing on his experience as a senior official at the SEC. Mr. Paz contributed significantly to developing the SEC’s positions on many important regulatory and enforcement matters during his six-year tenure with the agency. He then served as the Inter-American Development Bank’s Principal Integrity Officer. In that role he led the development, investigation, and prosecution of fraud and corruption cases and oversaw compliance procedures relating to integrity due diligence, anti-money laundering, offshore financial centers, and the Office of Foreign Assets Control Specially Designated Nationals List.
Mr. Paz is an adjunct faculty member of Georgetown University Law Center and the University of Pennsylvania Carey Law School, where he teaches courses on US regulation of financial institutions and securities markets, securities law and the internet, and international business litigation.
Mr. Paz serves as the American Bar Association Business Law Section’s International Business Law Committee Chair and as Vice-Chair of the Federal Regulation of Securities Committee. He previously served as the Chair of the Trading and Markets Subcommittee chair. He is the former General Counsel to the District of Columbia Bar, the largest mandatory bar association of lawyers in the United States.
He is also a past president of the Hispanic Bar Association of D.C. and a former national vice president of the Hispanic National Bar Association. He has been honored with the Leadership Award from the Hispanic National Bar Foundation and appointed an ambassador by the American Bar Association Business Law Section.