The Division of Trading and Markets (TM) establishes and maintains standards for fair, orderly, and efficient markets and regulates major securities market participants (broker-dealers, self-regulatory organizations (also known as SROs, which include securities exchanges, FINRA, and clearing agencies), security-based swap dealers, transfer agents, or other registrants). TM is organized according to subject areas, and Attorney-Advisers work on a variety of matters under an office's jurisdiction.
All qualification requirements must be met by the closing date of this announcement. Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional, philanthropic, religious, spiritual, community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Qualifying education must have been obtained from an accredited college or university recognized by the U.S. Department of Education. BASIC REQUIREMENT: All applicants must possess the following J.D. or LL.B. degree --AND-- Active membership of the bar in good standing in any state, territory of the United States, the District of Columbia, or the commonwealth of Puerto Rico. (Note: proof of bar membership will be required before entry on duty. MINIMUM QUALIFICATION REQUIREMENT: In addition to meeting the basic requirement, applicants must also meet the minimum qualification requirement. SK-16: Applicant must have four (4) years of post J.D. experience identifying legal issues, providing legal analyses, providing legal solutions/recommendations, and preparing legal documents, such as filings, memoranda, contracts, dispositions, pleadings, and motions, which also includes at least three (3) years of: Interpreting and applying the provisions of the laws, rules, and regulations that govern the securities industry, in particular, the Securities Exchange Act of 1934; AND Providing guidance and expertise in the evaluation of legal and policy issues, addressing and analyzing securities law issues that lack clearly applicable precedents due to the novelty of the factual and legal issues involved; AND Explaining the application of legal principles and precedents, and developing and justifying recommendations or conclusions.
This position will work on a range of broker-dealer status as well as other regulatory issues affecting market intermediaries, including issues related to the application of the federal securities laws to the crypto asset market and other novel activities, products, and technologies. The work may involve SEC rulemakings, SRO rule filings, providing advice to senior management and other offices, and representing the agency in discussions with external parties. The successful applicant will display a high level of initiative and commitment towards completing assignments in a timely manner and will be independently motivated to achieve results. Typical duties include: Carry out a wide variety of duties relating to market intermediaries, such as brokers, dealers, and funding portals, including leading projects such as rulemaking initiatives and special projects, reviewing and analyzing rule changes submitted by SROs, and exemptive and no-action requests. Leading projects may include significant drafting responsibilities. Assist the Director, Deputy Director, Chief Counsel and other staff within and outside the Division on a wide array of legal, policy and administrative issues relating to market intermediaries. Participate in advising on policy matters relating to market intermediaries and providing assistance (including leading projects involving inter-divisional teams) in the development and implementation of Commission or staff initiatives. Review legal memoranda, reports and other drafts prepared by the staff related to various legal and policy issues; brief the Director, Deputy Director, and Chief Counsel with respect thereto; and present recommendations regarding possible action. Review and provide advice regarding enforcement recommendations, as well as provide advice and assistance to other Division and Commission staff whose work has broad legal and policy implications and may require formulating policy alternatives, and analyze the legal aspects of such alternatives.