Insights & News

Stradley Ronon Partner Joins Safeguarding Rule Panel at Financial Services Conference

September 12, 2023
Firm News

PHILADELPHIA – Stradley Ronon is pleased to announce that Partner Susan Gault-Brown joined a panel discussion on the proposed SEC Safeguarding Rule at the Fall Forum of the International Securities Association for Institutional Trade Communication (ISITC), an industry trade group focused on developing standards and best practices in financial services operations.

Gault-Brown’s panel focused on the SEC’s proposed Safeguarding Rule, which, if adopted as proposed, would fundamentally transform investment adviser custody arrangements.

The proposed Safeguarding Rule differs from the current investment adviser custody rule in several ways, including:

  • a broader array of client assets and advisory activities would be subject to the Safeguarding Rule’s protections; and
  • the custodial protections for client assets required under the Safeguarding Rule would be much more prescriptive.

A highly regarded leader in the fintech and asset management fields, Gault-Brown has significant experience with emerging financial services products that are web- and app-based, including digital assets and blockchain, crowdfunding platforms, primary and secondary investment platforms and robo-advisers. She routinely counsels clients on SEC and CFTC compliance issues concerning securities, derivatives and commodities. She serves as and chair of the fintech and co-chair of the derivatives & commodities practice groups.

About Stradley Ronon
Counseling clients since 1926, Stradley Ronon has helped private and public companies – from small businesses to Fortune 500 corporations – achieve their goals by providing pragmatic, value-driven legal counsel. With offices in eight strategic locations, our responsive team of more than 200 attorneys seamlessly addresses the full spectrum of our clients’ needs, ranging from sophisticated corporate transactions to complex commercial litigation.

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