Steven Krasner
Summary
Accomplished legal professional and Managing Director with significant experience in the financial services industry. Proven track record in regulatory compliance and legal counsel in fixed income markets in addition to supervisory roles within public finance and municipal sales/trading. Adept at managing complex legal matters, building compliance infrastructures, and leading regulatory audits and investigations. Demonstrated success in developing and implementing effective strategies in response to regulatory inquiries. A leader in cross-functional teams to achieve organizational goals.
Overview
18
18
years of professional experience
Work History
Managing Director, Senior Counsel, Fixed Income
Oppenheimer & Co. Inc.
08.2012 - 04.2024
- Supervising Principal (Public Finance and Municipal Sales/Trading (“MCMG”))
- Built and managed the compliance, regulatory and supervisory infrastructure for the MCMG
- Established uniform transactional processes for the Public Finance Division
- Drafted/negotiated engagement letters, NDAs and other public finance documents
- Provided legal counsel to the MCMG regarding MSRB, FINRA and SEC regulatory issues
- Chaired three MCMG transaction commitment committees
- Reviewed municipal securities trading activities to ensure compliance with MSRB rules/regulations and firm policy
- Led the firm's participation in the SEC's Municipalities Continuing Disclosure Cooperation Initiative
- Guided the firm through the SEC's Municipal Advisor Rule implementation
- Successfully defended the firm against multiple serious FINRA allegations saving the firm millions of dollars in regulatory sanctions
- Ensured "clean" annual FINRA and internal audits
- Revised/updated MCMG policies/procedures, as needed
- Responded to regulatory inquiries
- Conducted annual compliance meetings and new hire training.
Executive Director, Senior Counsel, Office of the General Counsel
Oppenheimer & Co. Inc.
01.2008 - 08.2012
- Drafted/negotiated engagement letters, NDAs and other MCMG, Investment Banking Department ("IBD") and Equity Capital Markets ("ECM") documents
- Served on equity transaction, M&A advisory, restructuring and fairness opinion committees
- Responded to regulatory inquiries regarding MCMG, IBD and ECM transactions
- Revised/updated MCMG, IBD and ECM policies/procedures, as needed
- Liaised with outside counsel regarding public and private securities offerings
- Conducted analyst training sessions and annual compliance meetings for IBD and equity research personnel.
Senior Vice President, Internal Counsel, IBD
Oppenheimer & Co. Inc.
09.2006 - 01.2008
- Designee for the Head of IBD for supervisory oversight
- Developed and implemented a compliance program for the firm's IBD
- Responded to regulatory and internal audit inquiries/investigations
- Counseled investment bankers on drafting and legal issues
- Led annual compliance meetings for the IBD.
Associate
Private Law Firm Experience
- Practiced in a comprehensive range of legal specialties including securities and commercial litigation with a focus in defending broker-dealers and security industry employees in litigation, arbitration, regulatory and enforcement matters; commercial transactions; and insurance defense litigation.
Education
Juris Doctor (J.D.) -
New York Law School
New York, NYBachelor of Arts (B.A.) -
The George Washington University
Washington, D.C.Skills
- General Legal Counsel
- C-Suite Advisor
- Compliance Advisory
- Regulatory Specialist
- Fixed Income Supervision
- Negotiation / Dispute Resolution
- Skilled Communicator
- Persuasive Wordsmith
- Strategic Planning
- Project Management
- Team Collaboration
- Mentoring and Training
Admissionsfinralicenses
- New York
- New Jersey (inactive)
- United States District Court, District of New Jersey (inactive)
- FINRA Series 52
- Series 53
Timeline
Managing Director, Senior Counsel, Fixed Income
Oppenheimer & Co. Inc.
08.2012 - 04.2024
Executive Director, Senior Counsel, Office of the General Counsel
Oppenheimer & Co. Inc.
01.2008 - 08.2012
Senior Vice President, Internal Counsel, IBD
Oppenheimer & Co. Inc.
09.2006 - 01.2008
Associate
Private Law Firm Experience
Juris Doctor (J.D.) -
New York Law School
Bachelor of Arts (B.A.) -
The George Washington University
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