Mary P. Hansen represents clients in connection with investigations and litigation involving the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA) and the Department of Justice (DOJ).
She also assists clients with internal investigations and compliance and prevention strategies. These clients include public and private companies, officers, directors and other employees, investment advisers, broker-dealers, registered representatives, mutual funds, hedge funds, private equity funds and independent trustees of mutual fund boards.
Mary currently serves as co-chair of the firm’s White Collar Defense and Corporate Investigations practice. Prior to joining the firm, Mary spent eight years in the Securities and Exchange Commission’s Division of Enforcement. As an Assistant Director in the Division, Mary was responsible for supervising investigations and litigations conducted by attorneys and accountants in the Division’s Market Abuse and Municipal Securities and Public Pensions Units.
During her tenure at the Commission, Mary conducted and supervised complex investigations and litigations involving a range of violations, including insider trading, broker-dealer fraud, investment adviser fraud, offering fraud, Ponzi schemes, market manipulation, municipal securities fraud and Foreign Corrupt Practices Act violations.
Prior to joining the SEC in 2004, Mary worked as a litigation associate at New York and Philadelphia law firms where she represented corporate and individual clients in connection with regulatory and criminal investigations as well as civil commercial disputes.
After law school, she clerked for the Honorable Raymond J. Dearie, U.S. District Court for the Eastern District of New York. Prior to law school, Mary worked at a large, multi-national broker-dealer in various audit and compliance roles.
As a securities industry professional, Mary passed the Series, 3, 5, 7, 8, 15, and 65 Examinations. Mary maintains the SECurities Law Perspectives blog, which provides reports, discussions and analyses on noteworthy trends in SEC enforcement and regulatory activity.
Her insights and perspectives on SEC developments are based on her knowledge and familiarity with the industry and the federal securities laws combined with her understanding and knowledge of the internal workings of the SEC.
In addition to the blog, Mary is a frequent speaker on issues such as internal investigations, insider trading, the SEC’s Whistleblower Program, the Foreign Corrupt Practices Act, and regulatory issues facing investment advisers and broker-dealers.
Investment Advisers and Broker-Dealers : Mary has counseled investment adviser and broker-dealer clients in numerous SEC and related parallel DOJ investigations. Her recent engagements include :
- Representation of investment advisers to pooled investment vehicles, including hedge funds and private equity funds, and associated individuals in connection with SEC insider trading investigations.
- Representation of a registered investment adviser to a family of mutual funds with respect to a “distribution in guise” investigation conducted by the SEC’s Asset Management Unit. Obtained a termination letter from the SEC.
- Representation of registered investment advisers in connection with third-party subpoenas issued in a civil investigation by the U.S. Attorney’s Office for the Southern District of New York and an SEC investigation involving foreign currency trading.
- Representation of a registered investment adviser in connection with an investigation by the SEC involving the calculation of management fees and expenses.
CFTC and NFA Investigations : Mary represents individuals and companies in CFTC and NFA investigations, including :
- Representation of U.S.-based and U.K.-based individuals and registered investment advisers in connection with NFA and CFTC investigations.
- Representation of an individual in connection with a CFTC investigation focused on foreign currency trading in a pooled investment vehicle.
FINRA Enforcement Investigations : Representation of registered representatives in connection with FINRA investigations involving issues such as selling-away, potential conflicts of issues, and non-reporting of felony convictions.
Private Companies : Mary counsels clients, including financial services companies, in connection with SEC investigations of securities offerings and disclosures, among other issues. Her representative experience includes :
- Representation of a Nevada-based trust company being investigated by the SEC in connection with certain private offerings of securities.
- Representation of a third-party service provider to hedge funds and private equity funds in connection with an SEC investigation regarding a registered investment adviser’s disclosure of fees. Resulted in no action being taken against the service provider.
- Representation of a sponsor of an EB-5 Visa program in connection with an SEC investigation focused on disclosures to investors and potential investors. Obtained a termination letter from the SEC.
- St. John’s University School of Law, J.D., magna cum laude
- University at Albany, State University of New York, B.A., Economics
Bar Admissions : New Jersey, New York, Pennsylvania
Court Admissions :
- U.S. District Court, District of New Jersey
- U.S. District Court, Eastern District of New York
- U.S. District Court, Southern District of New York
- U.S. District Court, Eastern District of Pennsylvania
Rate : $$$$