The Securities and Exchange Commission’s loss is Wall Street’s gain as one former Division of Trading and Markets special counsel is making a new home in the finance industry.
The law firm of Schiff Hardin LLP has hired Mark Attar at its Washington, D.C. office as a partner in the Financial Markets and Products group. Attar was in the SEC’s Division of Trading and Markets in its Office of Broker-Dealer Finances where he served for more than 12 years.
During his recent tenure at the SEC, Attar managed attorneys responsible for administering the SEC’s broker-dealer financial responsibility rules, including the net capital rule, customer protection rule, hypothecation rules, books and records rules, and financial reporting and risk assessment rules. He was involved in completing mandated rulemaking under the Dodd-Frank Act, relating to security-based swap dealer capital, margin and segregation, statutory and regulatory credit rating reference removal, broker-dealer reporting, audit and notification requirements, and rescission of the SEC’s investment bank holding company program.
He also assessed potential Securities Investor Protection Corporation coverage under the Securities Investor Protection Act of 1970 and served as a primary liaison on enforcement and examination matters involving broker-dealer financial responsibility.
Schiff Hardin LLP has offices in Ann Arbor, Atlanta, Chicago, Dallas, Lake Forest, New York, Palo Alto, San Francisco, and Washington D.C.
