Vivian Maese is a partner in the New York office of Latham & Watkins. Ms. Maese is Co-Chair of the Financial Institutions Industry Group and FinTech Industry Group, and a member of the Corporate Department. She is also an influential member of the Emerging Companies Practice. Her practice focuses primarily on complex strategic and corporate technology transactions in the financial services industry, with a focus on technology, regulation, and compliance.
Ms. Maese applies her exceptionally strong experience representing market leaders on the cutting edge of law, technology, data, and financial services, to provide solutions to complex transactional and regulatory problems. Ms. Maese’s transaction, advisory, and financial services regulatory experience includes:
- Consortia formations, strategic corporate transactions, outsourcings, and joint ventures
- Electronic trading and market structure regulations
- Market data, reference data, indices, and data analytics
- Strategic advice and counsel to established and emerging companies
- Data and analytical tools
- Internet commerce
- Intellectual property protections (patents, trademarks, copyrights, and trade secrets)
- Cybersecurity and privacy
- Advice and direction regarding the design, development, and implementation of systems and procedures that are compliant with regulations
Ms. Maese was recently named Cryptocurrency, Blockchain, and FinTech Trailblazer by The National Law Journal. In 2017, she was nominated by her clients and subsequently received the Markets Media Women in Finance Award for her legal work, and was named to the Women in Fintech Powerlist. In addition, Ms. Maese was named a Top 10 Innovative Individual in the Financial Times North America Innovative Lawyers 2016 report. Chambers USA has listed Ms. Maese many times, noting in 2018 that clients call upon her for her deep expertise in FinTech and value her “amazing work ethic” and “excellent quality of advice.” Ms. Maese was highlighted by Maria Deam, Vice Consul for Financial Services at the British Consulate, in an interview with FemTech Leaders. Ms. Deam acknowledged Ms. Maese’s “command of the fintech space” and ability to give “FinTech entrepreneurs spot-on, game-changing advice after hearing them give only a 30 second overview of their company.”
Prior to joining Latham, Ms. Maese was the general counsel and corporate secretary at BIDS Trading, a financial services industry consortium for equities trading.
Prior to BIDS, Ms. Maese was responsible for all legal issues related to US Cash Trading and Market Data at the New York Stock Exchange, and worked with the Specialist Community and the SEC to approve a new market model for the NYSE at the time Regulation National Market Structure was implemented.
Ms. Maese has accumulated vast and varied experience as a result of more than 20 years of experience as an in-house managing director and divisional general counsel at Salomon Brothers and Citigroup, where she was the lead lawyer on many transactions and technology initiatives, and in particular, the Fulcrum Project, which transformed electronic trading on Wall Street.
Ms. Maese is admitted to practice before the US Supreme Court.
Ms. Maese’s experience includes advising:
- Thesys CAT in the creation and operation of the financial services industry-wide Consolidated Audit Trail (CAT), the largest database of trading activity in the world, an initiative that was established by the United States Securities and Exchange Commission and is being implemented by Thesys CAT with all of the national stock and options exchanges, including NASDAQ, the New York Stock Exchange, CBOE, BATS, and FINRA, among others
- Bank of America in the sale by its subsidiary Merrill Lynch, Pierce, Fenner & Smith Incorporated of its fixed income indices and related assets to The Intercontinental Exchange, Inc.
- Credit Suisse in its joint venture with Palantir Technologies to form Signac, a company focused on identifying unauthorized trading in the financial services industry using Big Data analytic tools
- A consortium of banks, including Goldman Sachs, JP Morgan Chase, and Morgan Stanley, in their joint venture with SmartStream Technologies to create a new reference data utility known as Reference Data Services
- Blockchain with respect to its corporate matters and transactions
- Axoni in its Series A and IBM relationships
- An industry consortium of four global banks investment in a multifunction algorithm
- The formation of the New York Block Exchange, a joint venture with the New York Stock Exchange that required approval by the United States Securities and Exchange Commission*
- Led The Citigroup Legal Team in the formation of the following financial services industry consortia, including Securities Hub (sold to Markit), IPREO (recently acquired by Blackstone and Goldman Sachs), RPwire (sold to Tradeweb), themarkets.com (sold to ICAP), and Bond Book*
*Matter handled prior to joining Latham