Principal Counsel, Enforcement

    • Rockville, MD

Participates in examinations, investigations and disciplinary proceedings on behalf of the Market Regulation Department (Department) for violations of the Association’s rules and the federal securities laws and provides legal advice and counsel to the staff of the Department. This is senior-level professional work in which incumbents are defining their assigned roles, increasing their skills, and working under general guidance.

Essential Job Functions:

  • Advises and participates in examination and surveillance reviews and complex investigations conducted by the Department pertaining to the trading and market making, and sales practice violations by member firms and associated persons including the gathering of documentation evidence and the analysis thereof.
  • Participates in on-the-record interviews of witnesses and potential respondents.
  • Assists in drafting memoranda summarizing examinations and investigative results, analyzing applicable law and reviewing evidence to determine legal sufficiency with respect to suspected violations.
  • Drafts complaints, letters of acceptance, waiver and consent and other legal documents including motions, responses thereto and similar documents.
  • Participates in the preparation of hearing exhibits to ensure that exhibits are persuasive and sufficient to support all allegations in the complaint.
  • Provides guidance, represents or assists in representing the FINRA in disciplinary hearings as its staff attorney, including marshaling, organizing and presenting documentary and testimonial evidence, cross-examining witnesses, and providing opening and closing arguments.
  • Conducts settlement and related discussions with respondents and their attorneys and reviews or prepares Offers of Settlements.
  • Litigates appellate proceedings before the National Adjudicatory Counsel. Provides interpretative advice to the Department staff and the membership as to the federal securities laws, relevant rules and regulations thereunder and the Association’s Rules.
  • Assists in preparing publications and memoranda on areas of law pertaining to issues handled by the department.
  • Assists in conducting training of Department examiners/investigators.
  • Participates in special projects as assigned.

Education/Experience Requirements:
  • Law degree and admission to the bar.
  • A minimum of six years relevant legal experience in a regulatory or legal environment.
  • Excellent oral and written communication and litigation skills.
  • Excellent interpersonal skills.


Work Conditions:
  • Work outside of business hours and overnight travel may be required.

To be considered for this position, please submit an application.

The information provided above has been designed to indicate the general nature and level of work of the position. It is not a comprehensive inventory of all duties, responsibilities and qualifications required.

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In addition to a competitive salary, comprehensive health and welfare benefits, and incentive compensation, FINRA offers immediate participation and vesting in a 401(k) plan with company match. You will also be eligible for participation in an additional FINRA-funded retirement contribution, our tuition reimbursement program and many other benefits. If you would like to contribute to our important mission and work collegially in a professional organization that values intelligence, integrity and initiative, consider a career with FINRA.

Important Information

FINRA’s Code of Conduct imposes restrictions on employees’ investments and requires financial disclosures that are uniquely related to our role as a securities regulator. FINRA employees are required to disclose to FINRA all brokerage accounts that they maintain, and those in which they control trading or have a financial interest (including any trust account of which they are a trustee or beneficiary and all accounts of a spouse, domestic partner or minor child who lives with the employee) and to authorize their broker-dealers to provide FINRA with duplicate statements for all of those accounts. All of those accounts are subject to the Code’s investment and securities account restrictions, and new employees must comply with those investment restrictionsâ€"including disposing of any security issued by a company on FINRA’s Prohibited Company List or obtaining a written waiver from their Executive Vice Presidentâ€"by the date they begin employment with FINRA. Employees may only maintain securities accounts that must be disclosed to FINRA at one or more securities firms that provide an electronic feed (e-feed) of data to FINRA, and must move securities accounts from other securities firms to a firm that provides an e-feed within three months of beginning employment.

You can read more about these restrictions here.

As standard practice, employees must also execute FINRA’s Employee Confidentiality and Invention Assignment Agreement without qualification or modification and comply with the company’s policy on nepotism.

Search Firm Representatives

Please be advised that FINRA is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, a valid written agreement and task order must be in place before any resumes are submitted to FINRA. All resumes submitted by search firms to any employee at FINRA without a valid written agreement and task order in place will be deemed the sole property of FINRA and no fee will be paid in the event that person is hired by FINRA.

FINRA is an Equal Opportunity and Affirmative Action Employer

All qualified applicants will receive consideration for employment without regard to age, citizenship status, color, disability, marital status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other classification protected by federal state or local laws as appropriate, or upon the protected status of the person’s relatives, friends or associates.

FINRA abides by the requirements of 41 CFR 60-741.5(a). This regulation prohibits discrimination against qualified individuals on the basis of disability, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified individuals with disabilities.

FINRA abides by the requirements of 41 CFR 60-300.5(a). This regulation prohibits discrimination against qualified protected veterans, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified protected veterans.

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