The derivatives and structured products department at Latham & Watkins LLP is a strong choice for clients requiring expertise in the full gamut of OTC, futures, options, swaps, and other exchange-traded derivative contracts, along with considerable international expertise in derivative regulations. The team is The team’s strength in equity-linked products and OTC derivatives is complemented by a strong track record in the fintech and digital asset space, including cryptocurrency, digital assets, and blockchain products. The team is headed by its New York-based partners, which includes Yvette Valdez, who is well-regarded for her expertise in crypto derivatives, complex digital assets, and distributed ledger technology. Rafal Gawlowski is a key member of the team for unconventional derivative products, including accelerated forwards, call spread overlays, and various transactions linked to the equity market . Witold Balaban includes JP Morgan, UBS, Goldman Sachs as others among his portfolio of clients for his expertise in the OTC derivatives market. Doug Yatter is a point of contact for contentious matters and investigations requiring expertise in CFTC regulation, while Courtenay Myers Lima is experienced in note issuance programs, commercial paper and initial public offerings. Reza Mojtabaee-Zamani and Catherine Lee are also key members of the team.
Legal 500 Editorial commentary
Phone
+1.212.906.1797
Email
Profile

Profile

Position

Yvette Valdez is a partner in the New York office of Latham & Watkins. Yvette is Co-Chair of the Commodities and Derivatives Regulation and Enforcement Practice, head of the US derivatives regulatory practice, Co-Chair of the firm’s Global Digital Assets & Web3 Practice, and a member of the firm’s Financial Institutions and Fintech Industry Groups and Financial Regulatory and Derivatives Practices.

Yvette advises emerging companies, financial institutions, and investment managers on complex regulatory challenges in the development of bespoke financial crypto-asset and cryptocurrency technologies including token launches, market infrastructure, trading, clearing, and settlement solutions on distributed ledger technology. She also advises clients on domestic and cross-border cutting-edge fintech initiatives in the derivatives markets.

Yvette also has significant experience representing dealers, intermediaries, and end-users in connection with derivatives (swaps and futures) legal and regulatory matters under the Dodd-Frank Act, the Commodity Exchange Act, as well as related CFTC, SEC, and prudential regulation.

Her regulatory practice consists of assisting foreign and domestic investment banks, futures commission merchants, introducing brokers, broker-dealers, and commodity pool operators and commodity trading advisors with their derivatives regulatory compliance requirements as well as advising buy-side clients in connection with their margining, clearing, and trade execution requirements. Yvette also counsels clients in market infrastructure, trading, clearing, and settlement in the derivatives markets, including FBOTs, swap execution facilities, and designated contract markets.

Yvette has extensive experience representing financial institutions in bespoke derivatives transactions, including interest rate and credit derivatives, foreign exchange transactions, total return swaps, commodity transactions, futures, and options.

Yvette was named to Innovate Finance's 2018 Women in FinTech Powerlist in the Professional & Financial Services category in recognition of her leadership in the industry.
Speaking Engagements

    • ISDA Annual Legal Forum, Contractual Standards for Crypto Derivatives, October 2022
    • FIA Law & Compliance Division Conference, Ethics in Derivatives and Futures Law, April 2022
    • ISDA Conference, Developments in Crypto Derivatives, March 2022
    • DC Fintech Week, Crypto and ESG, October 2021
    • FIA Law & Compliance Division Conference, The Regulation of Digital Assets Panel, April 2021
    • ABA Derivatives and Futures Law Committee Virtual Winter Meeting 2021, Crypto and Fintech Developments Panel, January 2021
    • DC Fintech Week, Building Equity into Start-Ups: Lessons from Women in Fintech Panel, October 2020

Content supplied by Latham & Watkins LLP

Key clients

  • Changpeng Zhao (“CZ")
  • Robinhood Markets
  • Bank of America
  • JD.com, Inc.
  • Citigroup, J.P. Morgan, Morgan Stanley, Barclays, HSBC
  • Alibaba Group Holding Limited
  • Goldman Sachs
  • Trip.com Group Limited
  • Highbridge Capital Management, Context Capital Management, DavidsonKempner
  • Rhythm Pharmaceuticals
  • Aquabounty Inc.
  • Caerus Oil and Gas
  • Marex Group plc
  • H2O Midstream
  • Chesapeake Energy Corporation
  • JP Morgan Chase & Co.
  • General Motors Financial Company, Inc.
  • Coöperatieve Rabobank U.A., Utrecht BranchCoöperatieve Rabobank U.A., New York Branch

Work highlights

Represented the founder and former CEO of Binance, in connection with a complex resolution of multiple agency investigations.
Advised the initial purchasers on Alibaba’s offering of US$5 billion aggregate principal amount of convertible senior notes due 2031.
Advised Coöperatieve Rabobank U.A., Utrecht Branch and New York Branch, in related to its Medium-Term Notes Program totalling $30 billion.