Mark Shaffer Bio

Mark D. Shaffer has over 20 years of experience advising U.S. and foreign financial institutions, broker-dealers, investment advisers, cryptocurrency businesses, and fintech companies on a broad range of regulatory and compliance matters relating to SEC and FINRA rules and regulations, Federal Reserve and other banking regulations, and Bank Secrecy Act (BSA)/anti-money laundering (AML) laws and regulations. He frequently helps clients understand how such laws and regulations apply to new technologies and innovative products. Mark also represents financial institutions and their employees, officers, and directors in government and internal investigations and regulatory proceedings before federal and state authorities. Investigations and enforcement matters have included issues relating to alleged bribery and corruption, the sale of unregistered securities, currency and equities market manipulation, collusion, insider trading, money laundering, OFAC sanctions violations, false statements, and accounting fraud. Mark assists financial institutions in developing and implementing compliance programs and regulatory remediation plans. He helps them stay current on significant changes to laws, rules, and regulations and works on developing or amending policies, procedures, controls, compliance manuals, and related training. Prior to joining the firm, Mark practiced at a top-rated commercial law firm in New York and at two large law firms in Washington, D.C. He also served as in-house counsel and compliance officer at various global financial institutions.