SOURCE: Morgan Lewis

Morgan Lewis

October 02, 2014 10:49 ET

Morgan Lewis Bolsters Leading Securities Litigation and Enforcement Practice With SEC Assistant Regional Director

CHICAGO, IL--(Marketwired - Oct 2, 2014) - Morgan Lewis today announced that Peter K.M. Chan -- who served as Assistant Regional Director of the U.S. Securities and Exchange Commission's (SEC) Chicago Regional Office from 2000 to 2014 -- will join the firm as a partner in its Litigation Practice, resident in Chicago.

As Assistant Regional Director of the Commission's Chicago office, Mr. Chan led several key investigations as well as the subsequent litigation of a broad range of high-profile enforcement cases. He was a leader in the SEC's escalation of enforcement efforts in the municipal securities and public pension plan arenas, and in the last year and a half, established the Financial Reporting and Audit Task Force, the Microcap Task Force, and the Broker-Dealer Task Force in his role as Co-chair of the Commission's Priorities and Resources Subcommittee. In 2010, he was appointed as the head of the Chicago office's Municipal Securities and Public Pensions Unit.

Mr. Chan's notable criminal experience includes serving as a Special U.S. Attorney in the Northern District of Illinois in a criminal investigation involving market abuse by a Chicago broker-dealer, resulting in indictments of and guilty pleas by several senior executives at the firm. Additionally, he has collaborated with U.S. Attorney offices, the U.S. Federal Bureau of Investigation, and other law enforcement agencies in multiple parallel criminal investigations.

In his nearly 20 years with the SEC, Mr. Chan was often recognized for his work, receiving both the Commission's Supervisory Excellence Award in addition to a number of Division of Enforcement Director's Awards. Prior to joining the SEC in 1995, Mr. Chan was a corporate and securities associate at another international law firm, where he worked under former SEC Chairman David Ruder in securities law and compliance projects.

"We are thrilled to welcome Peter to the firm's growing Securities Enforcement Practice," Firm Chair Jami McKeon said. "His experience will contribute significantly to our considerable capabilities in this area at a time of increasing regulatory scrutiny of financial institutions and public companies."

"Peter's addition strengthens the firm's ability to assist clients in navigating and defending against SEC enforcement actions," said Merri Jo Gillette, leader of the firm's Securities Litigation and Enforcement practice. "His in-depth knowledge of the federal securities laws and extensive exposure to regulatory compliance issues will prove invaluable to clients and bolster the firm's well-positioned practice."

About Morgan Lewis's Securities Litigation and Enforcement Practice
Morgan Lewis's Securities Litigation and Enforcement Practice has scored important victories for clients in the securities and shareholder litigation arena as well as strong outcomes for financial institutions and public companies in enforcement matters before government regulators. The team defends clients throughout the United States, including public companies and their directors and officers, in class actions arising under federal securities laws and shareholder derivative actions under state corporate law, and represents clients in regulatory investigations and enforcement proceedings (including bank litigation and related regulatory proceedings) conducted by the U.S. Securities and Exchange Commission (SEC), the U.S. Department of Justice, the Consumer Financial Protection Bureau (CFPB), the Office of the Comptroller of the Currency (OCC), and state attorneys general, and all major self-regulatory organizations, including the Financial Industry Regulatory Authority (FINRA). The team includes a former director of the SEC's Chicago regional office and a former chief litigation counsel for the SEC's Division of Enforcement. Morgan Lewis's Securities Industry Practice, which includes more than 20 lawyers who have worked at the SEC, was ranked by Law360 as one of the Securities Groups of the Year in 2012. Learn more about the firm's Securities Litigation and Enforcement Practice at

About Morgan, Lewis & Bockius LLP
Founded in 1873, Morgan Lewis offers more than 1,600 legal professionals -- including lawyers, patent agents, benefits advisers, regulatory scientists, and other specialists -- in 25 offices across the United States, Europe, Asia, and the Middle East. The firm provides comprehensive litigation, corporate, transactional, regulatory, intellectual property, and labor and employment legal services to clients of all sizes -- from globally established industry leaders to just-conceived start-ups. For more information about Morgan Lewis or its practices, please visit us online at

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