Mark Chorazak > Shearman & Sterling LLP > New York, United States > Lawyer Profile

Shearman & Sterling LLP
599 LEXINGTON AVENUE
NEW YORK, NY 10022-6069
NEW YORK
United States

Work Department

Financial Institutions Advisory & Financial Regulatory

Position

Partner

Career

Mark Chorazak is a partner in the global Financial Institutions Advisory & Financial Regulatory practice. His practice centers on providing strategic bank regulatory advice to domestic and foreign banks, non-bank financial institutions, and financial technology firms.

Mark’s expertise covers the full spectrum of banking law, from traditional bank regulatory issues to cutting-edge regulatory and legislative developments. He regularly counsels on issues arising under key U.S. banking laws, including the Dodd-Frank Act, the Bank Holding Company Act, the Change in Bank Control Act, the International Banking Act, the Bank Secrecy Act, and the Bank Service Company Act. Among other areas, Mark advises on authority and control questions, fintech and financial innovation issues, chartering and expansionary proposals, corporate governance practices, affiliate transaction restrictions, Volcker Rule compliance, anti-money laundering and sanctions compliance, and enforcement actions. In addition, he advises on capital and debt offerings and private investments in bank and non-bank financial institutions. He has obtained regulatory approvals on a wide range of transactions, including for some of the largest bank mergers. Recently, Mark has been advising financial institutions on the regulatory implications of the transition from LIBOR.

Mark has been recognized as a leader in the financial services space, including by Chambers USA, where clients described him as “incredibly knowledgeable” and “highly perceptive.” He is also recognized as a “Rising Star” by IFLR1000. Prior to private practice, Mark was a law clerk for the Hon. John W. Noble, Delaware Court of Chancery. Prior to joining Shearman & Sterling, Mark was a partner at Cadwalader, Wickersham & Taft and counsel at Simpson Thacher & Bartlett.

Memberships

New York

Education

Duke University School of Law

J.D.

      • Editor, Duke Law Journal
Oxford University

MSc.

Syracuse University

B.A., summa cum laude

      • Phi Beta Kappa

Lawyer Rankings

United States > Finance > Financial services regulation

Based in New York, Shearman & Sterling LLP‘s financial institutions advisory and regulatory practice exhibits extensive experience dealing with core bank regulatory issues, with a further emphasis on broker-dealer compliance and enforcement. Mark Chorazak and Jennifer Morton are key figures in this regard, covering issues derived from US banking laws such as the Dodd-Frank Act and the Bank Holding Act as well as fintech and financial innovation matters. Morton is best known for her work with broker-dealers, addressing concerns in relation to the formation and registration of alternative trading systems.