Russell David
Sacks

Formation and expansion of broker-dealers
Formation, registration and expansion of broker-dealers, ATS and clearing agencies, including entities focused on retail brokerage, private banking and wealth management, investment banking advisory, private placements and secondary placement of private securities, research distribution, and secondary trading

Representation of clients seeking regulatory relief
SIFMA, in connection with: adoption of the Financial Industry Regulatory Authority’s (“FINRA”) front-running Rule 5270; with respect to FINRA’s Corporate Financing and IPO Allocation rules; and in connection with SEC regulation of Transfer Agents.

Broker-dealers involved in investigations and enforcement
Representation of broker-dealers involved in SEC and FINRA investigations and enforcement actions, including with respect to: books and records retention; structured notes; ADR trading; trading in securities issued in accordance with Rule 144A; advertising (including fund  advertising materials); dealing in products of affiliated issuers, FINRA IPO allocation rules, the SEC net capital rule, and trade reporting rules (including both TRACE and OATS reporting).

Advice to financial institutions involved in capital markets, or merger and acquisition transactions
Merrill Lynch in its acquisition by Bank of America
UBS in the acquisition of the private client and brokerage business of McDonald Investments
The consortium of European banks led by Royal Bank of Scotland, in its unsolicited tender for ABN AMRO
General Electric Co. (GE) on the sale of GE Asset Management Inc. (GEAM) to State Street Corp for $485 million
Itaú in its merger with Unibanco
Credit Suisse Securities in the sale of its U.S. and Latin American Private Wealth businesses to Wells Fargo Advisors, LLC and Morgan Stanley Smith Barney LLC, respectively
Blackstone in connection with the spin-off of its financial and strategic advisory services, restructuring and reorganization advisory services to form PJT Partners, an independent financial advisory firm founded by Paul J. Taubman
Evercore Partners, In its acquisition of ISI