Enforcement Official Barry R. Goldsmith
Joins Gibson Dunn in DC
Wednesday January 18, 2006
WASHINGTON, Jan. 18 /PRNewswire/ -- Gibson, Dunn & Crutcher LLP is pleased to announce that Barry R. Goldsmith -- currently NASD's Executive Vice President for Enforcement -- will join the firm's Washington, D.C. office as a partner. NASD is the primary private-sector regulator of the country's securities industry, and Goldsmith is NASD's top enforcement official responsible for formulating its national enforcement policy and overseeing investigations and prosecutions. Prior to his 10-year tenure at NASD, Goldsmith served as chief litigation counsel at the Securities and Exchange Commission.
"With his 20 years in securities regulation at NASD and at the SEC, Barry is a key addition that will bring breadth and depth to our practice," said Gibson Dunn Managing Partner Ken Doran. "Securities litigation, securities regulation and enforcement are among our busiest practices. His arrival will bring added expertise and much needed capacity to meet our client demand."
"Barry is a highly regarded regulator and is widely respected among the financial services, business and regulatory communities," said Mark Perry, Co-Partner in Charge of the firm's Washington, D.C. office. "His experience in handling sophisticated securities enforcement matters and expertise in brokerage firm operations will be invaluable. We are delighted to add such a distinguished lawyer with deep senior-level regulatory and litigation experience to the securities group."
"Gibson Dunn's securities litigation, regulation and enforcement practice has a reputation that is unparalleled," said Goldsmith. "I am looking forward to returning to private practice and working with a group of enormously talented colleagues at a firm that has such a strong platform in the financial services industry."
About Barry Goldsmith
In his role as Executive Vice President of Enforcement at NASD, Goldsmith managed more than 215 staff, including attorneys, investigators and technologists in Washington, D.C. and 15 NASD offices throughout the country. During his tenure, Goldsmith more than doubled the number of enforcement staff and significantly increased the number of new enforcement actions. He was responsible for major NASD enforcement initiatives involving IPO allocations and spinning, research analyst conflicts, variable annuity sales practices, as well as mutual fund and hedge fund marketing practices.
Before joining NASD in August 1996, Goldsmith was at the Division of Enforcement at the SEC for 10 years, serving as Chief Litigation Counsel from 1993 to 1996 and Senior Deputy Chief Litigation Counsel from 1990 to 1993. As Chief Litigation Counsel, Goldsmith was responsible for the conduct, supervision and evaluation of all enforcement litigation conducted by the SEC. Among the matters for which he had significant responsibilities were the SEC's landmark cases against Drexel Burnham Lambert and Michael Milken, Ivan Boesky, Victor Posner and Paul Bilzerian.
Prior to the SEC, Goldsmith was a litigation partner with a Washington, D.C. law firm. He received his law degree in 1975 from Georgetown University Law Center, where he served as lead articles editor of Law and Policy in International Business. Goldsmith graduated magna cum laude in economics from the University of Pennsylvania's Wharton School in 1972.
About Gibson Dunn's Securities Litigation, Regulation and Enforcement Practice
Gibson Dunn is one of the leading defense firms in the United States for the defense of corporations involved in major securities-related litigation. Complementing a national team of experienced trial lawyers are a number of former SEC officials, including a former Director of the SEC's Division of Corporate Finance, a former Associate Director of the SEC's Division of Enforcement and several former federal prosecutors and senior SEC staff members. As a result, the firm's attorneys are particularly adept at managing the competing considerations that arise from defending a major securities action and parallel government and regulatory proceedings.
Gibson Dunn also has a securities regulation practice, which counsels large and small companies across the country, as well as America's "Big Four" audit firms, on securities disclosure and filing obligations, accounting and reporting issues, Sarbanes-Oxley compliance and corporate governance issues.
About the Firm
Gibson, Dunn & Crutcher LLP is a leading international law firm. Consistently ranking among the world's top law firms in industry surveys and major publications, Gibson Dunn is distinctively positioned in today's global marketplace with 800 lawyers and 13 offices, including Los Angeles, New York, Washington, D.C., San Francisco, Palo Alto, London, Paris, Munich, Brussels, Orange County, Century City, Dallas and Denver. For more information, please visit gibsondunn.com.