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Addition of Heather Traeger as a Partner in O'Melveny's DC Office Featured in Law360

September 27, 2011 The addition of partner Heather Traeger to O'Melveny & Myers' Financial Services Practice in Washington, DC is featured in the September 27, 2011 Law360 article "O'Melveny Snares Former SEC Lawyer For DC Office." The article notes that Traeger comes to O'Melveny from the Investment Company Institute — a national nonprofit organization of investment firms including mutual, closed-end, and exchange-traded funds — where she was an associate counsel. Prior to that she was an attorney with the US Securities and Exchange Commission for more than eight years, beginning in 1998 and serving as a senior counsel in the division of market regulation. She later served as senior counsel to Commissioner Isaac Hunt and then to Commissioner Roel Campos. At O'Melveny, Traeger is expected to advise clients on registration and compliance for management activities, including applicable rules under the Investment Advisers Act and the Investment Company Act, two 1940 laws that regulate advisers and investment companies.

"Heather possesses a rare combination of experience in both broker-dealer and investment adviser regulation and we are thrilled to bring someone of her caliber on board," Brian Boyle, chairman of O'Melveny's Financial Service Practice, said in a statement. "We are certain that our clients will find her unique knowledge and experience in both of these regulatory areas to be invaluable especially in light of the changes in financial services regulation in the U.S.," he said.

"I am excited to join the O’Melveny team and I look forward to advising clients around the globe with regard to their most pressing compliance and regulatory questions and concerns," Traeger said.

The article also notes the addition of David Leviss to O'Melveny's Washington, DC office earlier this year. Leviss is a former False Claims Act prosecutor who went on to direct some of the most high-profile congressional investigations in recent years. Leviss came to O'Melveny after serving as the chief oversight counsel for the House Committee on Energy and Commerce.