Legal News

Who Said Capital Markets Work Was Dead?

By Brian Harris

By Gina Passarella
Of the Legal Staff

K&L Gates has formed a new practice group around the changing capital markets structure.

The firm said today it has formed an international capital markets reform group to provide expanded services to clients as new capital markets regulatory reform measures are introduced.

Daniel F. C. Crowley, a partner in the firm's Washington, D.C., public policy and law practice, will lead the group.

"In the past, it was sufficient for financial services industry participants to focus on policy developments relating only to specific business sectors," Crowley said in a statement. "However, it is clear that such an approach will be insufficient in the weeks and months ahead because the reforms will occur at a macro level and will impact all financial services interests."

The practice will consist of partners who handle matters in the areas of broker-dealer/securities trading, commodities/futures, depository institutions, derivatives/securitization, hedge funds, insurance/annuities, investment banking, investment management, mortgage banking/consumer finance and public policy.

As part of this new group, the firm issued a 10-page alert this month on President Obama's plan for regulating the financial services arena.

The capital markets reform group includes lawyers from the firm's Washington, New York, London, Boston, and San Francisco offices, among others.

Full post as published by The Legal Intelligencer Blog on June 24, 2009 (boomark / email).