Enforcement: Government Agencies Perspectives in 2014

Elizabeth P. Gray is a partner in Willkie’s Litigation Department.  Ms. Gray is a nationally recognized expert in the area of Securities Regulation-Enforcement.  She specializes in representing investment advisers, investment companies and their boards, broker-dealers, accounting firms and their partners and other institutions and individuals in connection with securities law enforcement, compliance and litigation.  Ms. Gray formerly served as Assistant Director in the SEC’s Division of Enforcement and as counsel to SEC Chairman Arthur Levitt.

Ms. Gray is recognized nationally among the leading individuals practicing in the area of Securities Regulation: Enforcement in Chambers USA (2010-2014), Financial Services Regulation: Broker Dealer (Enforcement) in Chambers USA 2014 and The Best Lawyers in America (2010-2015).

Douglas Davison is a Partner at WilmerHale and a vice chair of the firm's Securities Department. His practice consists of representing individuals and entities in a broad range of governmental and internal investigations, including matters involving the SEC, the DOJ, the Federal Reserve Board, the Office of the Comptroller of the Currency, the Commodity Futures Trading Commission, securities self-regulatory organizations and foreign regulatory agencies. He also advises clients about regulatory compliance, corporate governance and disclosure issues. Prior to joining WilmerHale, Mr. Davison served as Counsel to former SEC Chairman Arthur Levitt and Branch Chief of the SEC's Division of Enforcement. He was selected as a leading attorney in the 2013 and 2014 editions of Chambers USA and was named to Securities Docket's inaugural 'Enforcement 40'—a list of the 40 best and brightest individuals in the securities enforcement field.

James R. Burns is a partner in Willkie’s Asset Management Group, focusing on counseling investment managers, broker-dealers, self-regulatory organizations, and other registered entities on regulatory, compliance and enforcement matters. Prior to joining Willkie, Jim served as Deputy Director of the SEC’s Division of Trading and Markets.  He brings an acute knowledge and understanding of the equity, fixed income, and derivatives markets, having played an integral role in the development of current SEC positions and regulatory initiatives affecting those areas. Through his experience, he  is able to provide clients with insights into current issues in SEC examination and enforcement contexts, as well as strategic advice on the effects of SEC initiatives on their business operations and compliance programs.