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Shearman & Sterling LLP

599 LEXINGTON AVENUE, NEW YORK, NY 10022-6069, USA
Tel:
Work +1 212 848 4000
Fax:
Fax +1 212 848 7179
Email:
Web:
www.shearman.com

Russell Sacks

Tel:
Work +1 212 848 7585
Email:
Web:
www.shearman.com/en/people/s/sacks-russell-d
Shearman & Sterling LLP

Work Department

Financial Institutions Advisory & Financial Regulatory

Position

Partner 

Career

Russell provides advice to market participants on a worldwide basis with respect to regulatory, transactional, trading and markets issues, with particular emphasis on U.S. regulation of securities broker-dealers, alternative trading systems, clearing agencies, and exchanges.

Languages

English

Member

Member, American Bar Association: (a) Committee on Federal Regulation of Securities, Subcommittee on NASD Corporate Finance Rules; and (b) Committee on State Regulation of Securities

Member, Securities Industry Association, Legal and Compliance Division

Education

University of Toronto, Faculty of Law, LL.B., with Honors 
Columbia College, B.A., 1994, magna cum laude


United States: Finance

Financial services regulation

Within: Financial services regulation

Led on the broker-dealer front by Russell Sacks, and on bank regulatory matters by Reena Agrawal Sahni,  Shearman & Sterling LLP provides an 'incredibly responsive service' to an impressive array of clients, including Bank of America Merrill Lynch, Credit Suisse, ICE and Qatalyst Partners. As well as his work for individual trading clients and market infrastructure entities, Sacks regularly advises SIFMA across a range of regulatory issues affecting the broker-dealer firmament, including recently helping coordinate the industry’s comments on, reaction to and implementation of new rules relating to block trading and prohibitions against front-running. Sahni's broad-ranging bank regulatory expertise runs the gamut from advice on Volcker Rule and enhanced prudential standards, through to financial services M&A regulatory guidance and the representation of foreign entities seeking to expand their operations into the US market. Benefiting from in-house experience, as well as time spent at the Federal Reserve, counsel Tim Byrne is able to provide strategic and nuanced advice across a raft of bank regulatory matters for domestic and international clients. Counsel Jennifer Morton is also recommended on the broker-dealer front. All named attorneys are based in New York.

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