Nick Losurdo advises financial institutions, public companies, startups, and investors on regulatory, policy, transactional, enforcement, and strategic matters. Mr. Losurdo recently served at the SEC as Counsel to one of the Commissioners. He approaches each engagement with the deep and diverse experience he has developed serving in high level roles in government, in-house, and private practice.
Mr. Losurdo counsels his clients in areas including:
- Broker-dealers, ATSs, equity and option exchanges, and investment advisers regarding rules and regulations of the SEC, FINRA, state regulators, equity and option exchanges, clearing organizations, and other SROs.
- Technology and other companies, including in the areas of fintech, and blockchain/crypto/digital currency (such as compliance with federal and state regulations).
- Private equity and venture funds during strategic and financial acquisitions, dispositions, and restructurings.
Before returning to Goodwin, Mr. Losurdo served at the SEC, where he was immersed in agency matters as Counsel to one of the Commissioners. While at the SEC, Nick advised the Commissioner on a broad array of legal, policy and regulatory matters, including proposed and final rulemaking, interpretations and exemptive relief, and enforcement matters. Among other significant matters, Mr. Losurdo advised on rulemaking relating to Regulation Best Interest, Form CRS, and the investment adviser standard of conduct interpretation; changes to Regulation NMS in the area of market data and order handling disclosures and other market structure policy considerations; Title VII under the Dodd-Frank Act; and blockchain and digital assets.
Mr. Losurdo regularly assists clients in the following areas:
- Providing advice regarding compliance with FINRA rules, including in the areas of personnel registration and licensing, sales practices, trading and trade reporting, supervision, advertising, elder financial protection, new product diligence (including digital assets), and net capital and customer protection.
- Assisting with responses to regulatory investigations, exams, and inquiries.
- Registering new broker-dealers and guiding existing broker-dealers through changes of control and material business expansions.
- Counseling issuers and placement agents in regard to securities offerings, both registered and exempt.
- Developing trading, new product, and other rule filings for equity and option exchanges.
