David Neuman

About David Neuman

I am an experienced SEC Enforcement lawyer with big law firm and clerkship experience, focused in recent years on the asset management industry, including investment advisers and the registered and unregistered investment companies they advise.

Experience

1. Senior Investigations Counsel, Asset Management Unit, Division of Enforcement

   U.S. Securities And Exchange Commission

   Mar 2003 — Present · Washington, DC, US

   Investigated, managed, and litigated publicly filed and other matters involving direct and indirect violations by investment advisers, mutual funds, private funds, broker-dealers, public companies, compliance officers, auditors, stock promoters, attorneys, and others of the Investment Advisers, Investment Company, Securities, and Exchange Acts, including provisions concerning anti-fraud, fiduciary duty, conflicts of interest, trade allocations, disclosure, advertising, insider trading, short-sales, anti-touting, anti-manipulation, anti-bribery, accounting, reporting, registration, compliance, custody, failure to supervise, best execution, soft dollars, internal controls, and books and records.• Member of the Asset Management Unit (2010-present): o Investigated registered and unregistered advisers and funds for potential violations involving trade allocations, undisclosed fees and conflicts of interest, cross-trades, front running, insider trading, bribery, SEC reporting, SEC registration, compliance, and advertising and marketing. o Published (internally) a legal primer on soft dollars and duties of best execution by investment advisers.o Analyzed emails, trading blotters, PPMs, partnership agreements, DDQs, marketing material, compliance policies and procedures, and SEC filings.• Collaborated with examination staff of the SEC and FINRA, state and federal criminal prosecutors, the CFTC, and state securities regulators. • Management Experience: o Formally supervised four attorneys and their investigations as branch chief (20••••10); o Managed and supervised attorneys, examiners, experts, economists, Court-appointed receiver, IT staff, independent compliance consultant, outside contractors, accountants and paralegals in investigations, litigation, and other projects.o Lead a multi-year, nationwide risk-based project regarding Form ADV disclosures of registered investment advisers.• Public speaking as a university guest lecturer and on internal panels.

Education

• The George Washington University Law School

  Juris Doctor, Law

  1996 — 1999

• University of Michigan

  Bachelor of Arts (B.A.), Political Science & Near Eastern Studies

  1991 — 1995