Experienced Securities Regulatory Lawyer Joins O'Melveny

O’Melveny Expands Team Helping Clients Confront New Regulatory Landscape
For Immediate Release
Contact:
Piper Hall
O'Melveny & Myers LLP
202.220.5022


Sonja Steptoe
O'Melveny & Myers LLP
213.430.6384


NEW YORK, NY - O’Melveny & Myers LLP is pleased to announce that David A. DeMuro, former Global Head of Compliance and Regulation for Lehman Brothers, is joining its New York office as senior counsel and member of the Securities Enforcement and Regulatory Counseling (SERC) Practice.

“David is a highly respected securities regulatory lawyer and our clients will benefit greatly from the experience he gained in his decades on Wall Street,” said Arthur B. Culvahouse, Jr., Chair of O’Melveny & Myers. “He is an extremely knowledgeable industry insider and an important addition to the Firm’s SERC Practice and we are fortunate to attract someone of his caliber.”

DeMuro’s practice will focus on advising and representing broker-dealers, hedge funds, private equity firms, and investment advisers in SEC, FINRA, and state enforcement inquiries, investigations, proceedings, and appeals. DeMuro has a wealth of experience on a variety of regulatory issues including crisis management, anti-money laundering programs, FCPA and cross-border issues, and compliance programs. He will offer clients unparalleled insights into the new regulatory landscape for financial institutions.

A 34-year veteran of the securities industry, DeMuro spent the first ten years of his career at the Securities and Exchange Commission, first as an enforcement attorney and later as a member of its Office of General Counsel.

He served for many years as Managing Director and head of Global Compliance and Regulation for Lehman Brothers where he was responsible for leading a department of 300 legal and compliance professionals in 20 cities around the world. In that capacity, DeMuro established strong working relationships with securities regulators throughout the US, and financial industry regulators in the UK, Germany, Canada, Singapore, Japan, India, Hong Kong, China, and Korea. In 2005, DeMuro was named “Compliance Person of the Year” by Institutional Investor’s Compliance Reporter.

DeMuro also served as President of the Securities Industry and Financial Markets Association's (SIFMA) Compliance and Legal Division from 2003 to 2004. He was a member of the Board of Governors of the National Association of Securities Dealers (NASD) from 2001 to 2005 and a member of the NASD’s National Adjudicatory Council from 1999 to 2002, serving as its Chairman from 2001 to 2002. He is a frequent speaker at industry and regulatory conferences. DeMuro earned a B.A. from the University of Michigan and a J.D. from the University of Notre Dame Law School.

“I look forward to working with O’Melveny’s terrific financial services lawyers to provide clients representation in connection with securities regulatory and compliance matters,” said DeMuro. “O’Melveny’s strong reputation and collegial environment makes it an exciting platform on which to build my practice.”

About O’Melveny & Myers LLP

With more than 1,000 lawyers in 14 offices worldwide, O'Melveny & Myers LLP helps industry leaders across a broad array of sectors manage the complex challenges of succeeding in the global economy. We are a values-driven law firm, guided by the principles of excellence, leadership, and citizenship. Our commitment to these values is reflected in our dedication to improving access to justice through pro bono work and championing initiatives that increase the diversity of the legal profession. For more information, please visit www.omm.com.

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