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    July 2, 2009  
 
Happy B-Day,
SEC!

A shoutout to great sponsor McGuireWoods! One of two firms in the US to receive the highest Chambers ranking for its wealth management practice, another feather in the well-lined cap of private wealth services chair, Tysons Corner-based partner Ron Aucutt.


 

The SEC Historical Society held a gala honoring the agency’s 75th anniversary last week at the National Building Museum, drawing 1,000 private practitioners and SEC lawyers. Our tip-off that this was a fancy affair: you didn’t get a program, you got a book.

 

One issue to address first: There's no truth to the rumor that a whistleblower claiming the filet mignon was undercooked was fired. SEC Commish Mary Schapiro headlined, lauding the work of her SEC staffers past and present. She cast Obama’s new 89-page plan for financial regulatory reform (official, important-sounding name: “A New Foundation: Rebuilding Financial Supervision and Regulation”) as a recognition of SEC efforts. Among many other things, the plan would require hedge funds, private equity funds, and venture-capital funds to register with the SEC.

 
 
Mary Schapiro on the big projector screens

Schapiro’s appearance had a bit of a rock-star feel, at least from our view in the back of the house. That woman is not holding up a lighter, but rather a camera to catch the agency head in action. The night was also the 10th anniversary of the Historical Society.

 
Kane Company
 

Fine dinner companions: McKee Nelson’s Mike Spafford, Steptoe & Johnson’s Jim Moorhead, Jonathan Drimmer and Jeff McFadden, Daylight Forensic’s Ellen Zimiles, and Steptoe’s Phil Khinda and Doug Kantor. Doug, who served as deputy chief of staff to Andrew Cuomo when he was at HUD, tells us Cuomo’s latest cause is rooting out “pay-to-play” arrangements in which Wall Street firms allegedly paid to get business with state-controlled pension funds. In May, Cuomo’s office issued 100 subpoenas to investment firms and agents.

 
Howard Schiffman, Kimberly Shur, Barry Mandel, and Seth Taube

At cocktail hour we found Howard Schiffman, who opened Schulte Roth’s DC office last year, Foley’s Kimberly Shur and Barry Mandel, and Baker Botts’ Seth Taube, resident in NY but down in DC for the festivities. Barry’s in NY too, having just come to Foley from his post as Merrill Lynch’s co-head of global litigation, employment, and regulatory affairs.

 
 

Here’s Steptoe’s John Collins, a top dog in the firm’s regulatory and industry affairs department, presenting a gift to Kara Scannell as Phil Khinda looks on. Since Ms. Scannell is a savvy securities reporter for the Wall Street Journal, we don’t think she was fooled by the fact that John was actually handing her the book that all attendees received.


Speaking of Books . . .

 

We’re proud to report that a healthy crowd of 100 came out to the Darlington House on Friday to celebrate the release of Bisnow Legal Editor John Ford’s debut mystery novel, The Morgue and Me. Here are Katherine Kelly, Rory Kelly (appropriately, they’re investigators), and associate Jed Wulfekotte, all of the Stein Mitchell & Muse firm; John; Elizabeth Frengel (who blogs at Miss Lemon’s Mysteries); and Liz Bruns, another Stein Mitchell investigator whose 80s-themed get-up was not part of some elaborate disguise, but due to the fact that she was headed out to a Michael Jackson tribute show.

 

In an effort to make the beach read feel more sophisticated, guests sampled wine courtesy of Vintages, Inc. and the jazzy stylings of Greg Hammond’s One Night Band. Greg’s not a lawyer, but he just achieved 501(c)(3) status for the local chapter of Guitars Not Guns, which fights handgun violence through the power of rock.

 
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Goulston & Storrs
 
1801 K
 
Cardinal Bank
 
Transwestern
 
Commonwealth Title
 
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