PAUL TYRRELL is a leading adviser to the financial services industry on significant compliance and regulatory matters affecting the broad base of industry participants (bulge bracket firms, fund companies/distributors, and large independent broker-dealers). Paul’s practice involves managing high-profile regulatory investigations before the U.S. Securities and Exchange Commission, FINRA, the U.S. Commodity Futures Trading Commission, the National Futures Association, state securities regulators, and exchanges.
Paul routinely manages investigations and enforcement matters involving complex systemic issues, supervision, and sales practice violations. He counsels financial services firms on myriad rules and regulations across all aspects of their financial services business lines. With industry-leading experience related to anti-money laundering (AML) program compliance and enforcement, Paul has managed significant broker-dealer AML regulatory matters throughout his career. Paul serves clients across platforms to provide practical advice and insight into the complexities of enterprise-wide compliance (cross-discipline/business lines), reinforced from his years of experience as a former regulator at FINRA, the CFTC, and FDIC.
Paul is a member of Sidley’s Securities Enforcement and Regulatory group, which received the 2019 Chambers USA award for “Financial Services Regulation,” and was named “Law Firm of the Year” for Securities Regulation in 2020 and 2017 by U.S. News – Best Lawyers. Given Paul’s breadth of experience in financial services regulation, he is a frequent speaker at national conferences.
Prior to joining Sidley, Paul was a senior special regional counsel at FINRA’s (formerly NASD) Boston District Office. He managed investigations and filed disciplinary matters arising out of broker-dealer examinations. He also counseled Member Regulation staff and industry participants on FINRA and MSRB rules.
He served as a senior trial attorney with the CFTC in New York, where he managed enforcement matters involving commodity futures and options. He also worked as a senior attorney with the FDIC and taught business law at the University of Massachusetts-Boston.