Tiffany J. Smith has over a decade of experience advising and representing broker-dealers and other financial institutions, including financial technology companies, regarding compliance with federal and state securities laws and regulations and the rules of the self-regulatory organizations. Ms. Smith’s practice primarily focuses on three areas: (i) broker-dealer regulatory compliance, (ii) representing clients in connection with enforcement matters and regulatory examinations, and (iii) providing regulatory advice in connection with corporate transactions.
With respect to broker-dealer regulatory compliance, Ms. Smith often advises clients on newly adopted rules and areas of increased regulatory focus, including the rules on market access, securities trading and market activities, short sales, and issuer repurchases. Ms. Smith also has experience advising clients on the regulatory implications of new and emerging technologies (e.g., blockchain) and helping clients navigate the regulatory hurdles associated with these technologies. In addition, she counsels clients on triggers for broker-dealer registration, including those related to offshore activities and those related to the activities of financial technology companies.
Ms. Smith has experience representing clients in connection with regulatory examinations, Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) enforcement matters, and the FINRA MC-400 Membership Continuance Process, and conducting internal investigations.
Ms. Smith often serves as regulatory counsel in connection with corporate transactions involving broker-dealers, advises clients through the FINRA new and continuing member application processes, and counsels clients on the triggers for filing a FINRA continuing member application.
At the firm, Ms. Smith has been active on the Diversity Committee, Hiring Committee, Pro Bono and Community Service Committee, and various volunteer-based initiatives. From 2016–2019, she was co-chair of firm’s New York summer associate program.
While in law school, Ms. Smith was a Compliance Audit Specialist for M&T Securities. She audited personnel to ensure compliance with internal, federal and self-regulatory organization rules, and held the following securities licenses: Series 6, 7, 24, 53, 63 and 65. Ms. Smith also interned at the Investment Management Division of the SEC and the Litigation Department at FINRA.
In 2014, Ms. Smith completed the Council of Urban Professionals Executive Leadership Program, a year-long leadership development program comprised of leadership training, coaching and keynote conversations with executives. Ms. Smith is also a member of the Wall Street Blockchain Association, the New York City Bar, the National Bar Association, the Metropolitan Black Bar Association and the LGBT Bar Association of New York; and on the Board of the Legal Aid Society.