ELIZABETH MARINO is a partner in Sidley’s Boston office and is a member of the Securities Enforcement and Regulatory practice, which was named the “Law Firm of the Year” for Securities Regulation in 2020 and 2017 by U.S. News – Best Lawyers and received the 2019 Chambers USA Award for Financial Services Regulation. Elizabeth counsels broker-dealers, investment advisers, financial institutions, and public companies on securities enforcement matters, regulatory matters and internal investigations. Elizabeth regularly assists large institutions with the collateral consequences associated with settlements with the SEC, CFTC, state regulators and others, including seeking and obtaining waivers from the SEC of the Rule 506 of Regulation D and well-known seasoned issuer disqualifications and drafting and assisting with FINRA MC-400 and MC-400A applications. Elizabeth regularly advises broker-dealers on regulatory reporting obligations, including matters related to disclosure on Forms U4 and U5 and FINRA Rule 4530, among others. Elizabeth also counsels NRSRO clients on regulatory and enforcement matters, including SEC rulemakings, SEC examinations, SEC enforcement matters and other related matters.
Elizabeth previously worked as a staff attorney in the SEC’s Division of Market Regulation (n/k/a the Division of Trading and Markets), where she focused on anti-fraud and anti-manipulation rules, particularly those related to Regulation M, IPO allocations, trading, issuer tender offers and issuer repurchases. Prior to joining Sidley, Elizabeth was in private practice at a large law firm for nine years.
Elizabeth serves on the Editorial Board of the Investment Lawyer and has published numerous articles on securities-related issues.