Derek N. Lacarrubba advises broker-dealers, hedge funds and other financial institutions on matters arising under the rules of the SEC, CFTC and various self-regulatory organizations, including the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA) and various securities and futures exchanges. He advises clients on a wide range of regulatory issues affecting financial services firms, with a focus on equity and futures trading practices, alternative trading system regulation, best execution practices and compliance with Regulation SHO, Regulation M, Regulation NMS and the Market Access Rule. Derek also advises broker-dealers and hedge funds on anti-money laundering and sanctions regulations, with a focus on AML programs designed to detect and mitigate the risks of securities fraud and market manipulation. Derek’s practice covers a wide array of products, including cash equities, OTC and listed options, swaps, futures and fixed income instruments.
In addition to advisory work, Derek represents buy-side and sell-side firms in regulatory investigations and enforcement actions. Prior to entering private practice, Derek was an auditor, risk consultant and member of the in-house counsel team at a bulge bracket investment bank. Derek earned his J.D. from the University of Virginia School of Law and his B.S. in accounting from the University of Delaware.