Advising US and foreign financial services firms on the formation and regulation of US broker-dealers and the conduct of cross-border brokerage activities under Rule 15a-6.

Broker-Dealer Regulation

Kathy Rocklen served as a partner in Proskauer Rose LLP's Corporate Department, and Co-Chair of the Firm's Financial Services Group. She joined Proskauer in 2000 after serving as general counsel for a prominent U.K. investment bank, a regulator for the New York Stock Exchange and previous private practice.Throughout her career, Kathy has counseled major financial institutions, including full service and boutique brokerage firms, domestic and foreign investment banks, investment advisers, investment companies, hedge funds and banks on a broad range of regulatory, transactional, enforcement and litigated matters. In the broker-dealer area, she advises clients on SEC, SRO and blue sky regulation and compliance, domestic and cross-border capital markets transactions, mergers, acquisitions and joint ventures, investment product development, internal investigations, civil enforcement proceedings, criminal prosecutions, and securities arbitrations and litigation. Kathy has counseled investment management companies on regulatory matters and best practices, formation of investment advisers, registered investment funds and hedge funds and defense of enforcement and litigated matters. Kathy has also served as outside general counsel for private and public companies, advising on general corporate and securities matters, as well as on corporate governance, director and officer liability, the conduct of internal investigations, responding to SEC and DOJ inquiries and defending complex securities litigation.

Represented global brokerage firms across five continents in their U.S. brokerage and investment banking activities.

Head of legal and compliance team for this preeminent UK-based M&A adviser, equity underwriter, primary dealer, research firm and asset manager, now part of UBS.