Evan Barnes, resident in Kelley Drye’s Stamford office, advises broker-dealers and traders in connection with regulatory, securities enforcement, litigation and transactional matters. He brings a wealth of in-house experience to his practice: Prior to joining Kelley Drye, he managed the regulatory inquiries groups at Morgan Stanley & Co., Inc. and Banc of America Securities LLC; was a vice president in the compliance division at Citigroup Global Markets, Inc.; and prior to joining Citigroup, while attending law school, Mr. Barnes handled hundreds of regulatory investigations and inquiries for the NYSE’s Division of Enforcement.
A substantial portion of Mr. Barnes’s regulatory practice focuses on handling regulatory investigations and examinations. In addition, Mr. Barnes advises broker-dealers and traders on the securities laws and regulations affecting them, including those concerning insider trading, market manipulation, investment banking, research, supervision, net capital, possession or control, anti-money laundering, registration, and books and records.
Mr. Barnes also represents broker-dealers and traders in connection with matters related to securities enforcement and litigation. His transactional practice focuses on commission sharing, soft dollar, clearing, software licensing, consulting, equipment leasing, and employment agreements, and FINRA new membership and Rule 1017 applications.
Representative Experience
Represented a former NYSE specialist in a SEC administrative law hearing resulting in no monetary penalty and dismissal of fraud and other securities laws charges.
Represented a trader in an insider trading investigation conducted by the SEC.
Represented an inter-dealer broker in connection with a dispute with a clearing firm relating to a buy-in effected under Regulation SHO, resulting in a favorable settlement to the inter-dealer broker.
Represented an international broker-dealer in a mutual fund B-share investigation.
Successfully obtained expungement of an arbitration matter from a registered representative's Form U-4.
Drafted dozens of Wells submissions relating to compliance with supervision, anti-money laundering, limit order protection, Section 5 registration, OATS and TRACE reporting and best execution requirements.
Memberships & Associations
Securities Industry and Financial Markets Association (SIFMA), Legal & Compliance Division
American Bar Association
Massachusetts Bar Association
New York State Bar Association
