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Cleary Gottlieb Steen & Hamilton

ONE LIBERTY PLAZA, NEW YORK, NY 10006, USA
Tel:
Work +1 212 225 2000
Fax:
Fax +1 212 225 3999
Email:
Web:
www.cgsh.com
Abu Dhabi, Beijing, Brussels, Buenos Aires, Cologne, Frankfurt and 10 more

Colin Lloyd

Cleary Gottlieb Steen & Hamilton

Work Department

 

Position

Partner

Career

Mr. Lloyd advises on a broad range of securities and derivatives regulatory, legislative, transactional and enforcement matters. His clients include U.S. and non-U.S. broker-dealers, swap dealers, banks, exchanges, electronic trading platforms, clearinghouses, private equity funds, investment managers, sovereigns and derivatives end users. He is regularly counsel to leading financial market trade associations and ad hoc coalitions on major industry initiatives.

Since 2009, Colin has been at the forefront of lawyers involved in the development and implementation of regulatory reforms in the OTC derivatives market, as well as enforcement matters and internal investigations relating to the market.  He also regularly advises clients in relation to blockchain, digital assets and other emerging financial technologies.  In these areas he practices before the CFTC, the SEC, and other federal regulators and self-regulatory organizations.

Member

New York Bar, DC Bar

Education

JD, cum laude, Harvard Law School (2007); B.A., summa cum laude, Vanderbilt University (2004)


United States: Finance

Financial services regulation

Within: Next Generation Partners

Colin Lloyd - Cleary Gottlieb Steen & Hamilton

Within: Financial services regulation

Steeped in 'real word experience', Cleary Gottlieb Steen & Hamilton excels in providing strategic, high-level counsel to systemically important financial institutions (SIFIs). Utilizing the expertise of lawyers across numerous international offices, a key part of the firm's success in the area is its ability to provide coordinated advice that is mindful of regulatory concerns not just from a US perspective but from a global one. Leveraging expertise gleaned from his time at the Federal Deposit Insurance Corporation (FDIC), Michael Krimminger spearheads the firm's market-leading resolution planning work for domestic and international financial institutions, including Capital One and Credit Suisse - work which includes the development of global strategies for resolution as well as advice on optimal debt and equity strategies in response to changing US and global requirements. Krimminger has also been a pivotal presence on many of the firm's fintech-related mandates, including helping Paxos Trust Company become the first US-chartered and regulated virtual currency exchange. The 'excellent' Derek Bush continues to represent domestic and foreign banks on Volcker Rule matters, including providing advice on permissible activity under the rule, as well as on the restructuring and spinning out of trading and fund operations to minimize its impact. In addition to her banking M&A and anti-money laundering (AML) expertise, Katherine Mooney Carroll is also well regarded in the market for her Volcker Rule knowledge.  'Very experienced' senior counsel Jack Murphy is noted for his bank regulatory expertise, while on the trading front, New York-based Edward Rosen  and Colin Lloyd  continue to advise many large US banks on how to restructure their swap-dealer businesses to comply with Dodd-Frank and also regularly act for Securities Industry and Financial Markets Association (SIFMA) on derivatives matters. Attorneys are based in Washington DC, unless otherwise indicated.

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Structured finance: derivatives and structured products

Within: Structured finance: derivatives and structured products

Cleary Gottlieb Steen & Hamilton advises a number of industry associations on cleared derivative regulations, and has 'unparalleled expertise in agency transactions', where it has been especially active in equity deals such as forward hedging and accelerated share repurchase transactions. In one standout matter, Michael Dayan acted for Advance/Newhouse Partnership as counterparty to a collar plus revolving loan transaction, which was secured by six million exchangeable partnership units in Charter Communications Holding. Additionally, Dayan and David Lopez advised Credit Suisse International (CSI) on a variable forward transaction with De Agostini, and advised Credit Suisse Securities, as underwriter, on a related equity offering to establish CSI's hedge position in relation to the forward transaction. Another key figure is Colin Lloyd, who has expertise in crypto trading, and recently assisted Paxos Trust Company with the development of a blockchain trading platform for the settlement of gold bullion trading through the London OTC market. In the regulatory space, Lloyd and senior counsel Edward Rosen are advising SIFMA and Institute of International Bankers on issues arising from the harmonization of SEC and CFTC rules with respect to security-based swaps. Seth Grosshandler moved into a senior counsel role in 2018.

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