Craig Ellman Of Counsel

     

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Craig Ellman focuses his practice on representing broker-dealers and financial professionals in regulatory inquiries, investigations, arbitrations and enforcement actions involving federal securities laws and self-regulatory organization (SRO) rules and regulations, including matters involving securities trading, suitability/sales practice, and insider trading. Craig also handles a variety of civil litigation matters concerning complex tort and general casualty claims.

As a former enforcement attorney for the New York Stock Exchange (NYSE) and the Financial Industry Regulatory Authority (FINRA), Craig investigated and prosecuted cases against some of the nation’s largest broker-dealers involving a multitude of market regulation−based issues, including market manipulation, insider trading, anticipatory hedging, Regulation SHO, the Market Access Rule, Large Options Position Reporting (LOPR) and supervisory deficiencies. Craig also worked as a vice president within the surveillance department of a large broker-dealer where he managed a team of compliance professionals responsible for performing risk-based surveillance reviews and investigations involving sales practice suitability relative to both exchange-traded and packaged products, and he oversaw the firm’s market surveillance team, which was responsible for the firm’s insider-trading, penny stock and outside brokerage account reviews and controls. In leveraging his regulatory and in-house experience, Craig provides a unique perspective and sound guidance when advising his clients on compliance with FINRA, SEC and SRO rules and, if necessary, a vigorous defense during regulatory investigations, enforcement actions and FINRA arbitrations.

Craig also has extensive civil litigation experience and has successfully defended commercial transportation carriers and national restaurant chains in a variety of civil actions. Craig is a skilled motion practitioner and has developed a reputation for successfully drafting and arguing dispositive motions that have resulted in the early resolution of cases on behalf of his clients.