Insights

Law 360: SEC’s Stanford Case A Chance To Clarify Compliance Duties

Patomak managing director Ben Brown quoted in this Law 360 article: 

Compliance officers who worry they have an enforcement target on their back may soon get some clarity - and perhaps reassurance - from the U.S. Securities and Exchange Commission when it rules on a case involving convicted Ponzi schemer R. Allen Stanford's former top compliance manager. 

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By: Patomak Global Partners

Wall Street Journal opinion piece: Equities Policy Needs Surgery, Not Band-Aids

Volatilty, flash-crash risks and bigger dark pools are the legacy of the SEC's Regulation NMS.
By Paul Atkins

IEX, the self-declared anti-high-frequency trading venue praised in Michael Lewis's 2014 book, "Flash Boys," has filed an application with the Securities and Exchange Commission to change from a "dark pool" to a full-fledged stock exchange. Good news, one might think. But in so doing, IEX has exposed the regulatory quagmire harming the U.S. securities markets.

Chief Compliance Officers Prepare for Closer SEC scrutiny

Dan Gallagher quoted in this Pensions & Investments article: 

SEC official say nothing has changed about the way they view chief compliance officers at money management firms, but CCO groups say members are feeling vulnerable and bracing for more scrutiny and possible enforcement actions in 2016.

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By: Patomak Global Partners

Former SEC Commissioner Dan Gallagher Joins Patomak Global Partners as President

Washington, D.C. - Patomak Global Parnters, a leading consulting firm to international and domestic corporations and financial services firms that provides strategic risk management and regulatory compliance services, corporate governance advice, and enforcement and litigation support, announced that today former U.S. Securities and Exchange Commissioner Dan Gallagher has joined the firm as President. 

Orange County Register: Now They Want a Bite of Your Mutual Fund

By Paul Atkins

Even with the stock market reaching all-time highs and many Americans smiling at the look of their 401(k) valuations, storm clouds are gathering in Washington and abroad that may mean higher costs for investors, lower returns in the long run and less freedom to cash out when that rainy day comes.

Read the full op/ed here: https://www.ocregister.com/2014/10/23/paul-atkins-now-they-want-a-bite-of-your-mutual-fund/

Materiality: A Bedrock Principle Protecting Legitimate Shareholder Interests Against Disguised Political Agendas

In a 2013 Harvard Business Law Review article, Patomak Global Partners CEO Paul Atkins examines the concept of materiality in a paper titled, "Materiality: A Bedrock Principle Protecting Legitimate Shareholder Interests Against Disguised Political…

USA Today Opinion: SEC Should Reject Partisan Ploy: Opposing View

Paul Atkins write in an opinion piece that disclosure of political donations isn't important to investors.

Politico Opinion: SEC Disclosure Rule Too Extreme

By Paul Atkins

The Securities and Exchange Commission is an independent agency charged with protecting investors; maintaining fair, orderly and efficient markets; and facilitating capital formation. Despite this clear mission, the SEC recently quietly disclosed that its staff is working on a rule-making that is antithetical to its goals and raises serious questions about the agency’s independence.

WSJ Letter to the Editor: ‘Breaking the Buck’ and the Regulation of Money Funds

Paul Atkins writes in a Wall Street Journal letter to the editor: “….Unlike banks, money-market mutual funds invest 100% of shareholder equity into high-grade credits that mature in days, not years.”

WSJ Opinion: Tort Lawyers Target Mutual Funds

Paul Atkins writes in an opinion piece in the Wall Street Journal that the last thing investors need is every fee being litigated in court.