Les Silverman’s practice focuses on the domestic and international capital markets, representing both issuers and underwriters.

He has extensive experience, in particular, in cross-border offerings and the development of new financial products. Les regularly counsels companies on compliance with the JOBS, Dodd-Frank and Sarbanes-Oxley Acts, the SEC’s implementing regulations, and related corporate governance matters.

Les joined the firm in 1974 and became a partner in 1982. From 1985 to 1989, he was resident in the London office.

Selected Activities

  • Member of, and counsel to, the Committee on Capital Markets Regulation


“Market Abuse Regulation: Impact on U.S. Public Companies - Parts I, II and III,” The Banking Law Journal (co-author) (January-March 2017)

“New SEC Staff Guidance on General Solicitation,” Review of Securities and Commodities Regulation (November 4, 2015)

U.S. Regulation of the International Securities and Derivatives Markets (11th Ed., Wolters Kluwer, 2014)

“Private Offerings: SEC Liberalizes the Rules but also Proposes New Requirements,” VC Experts (October 23, 2013)

“SEC’s Silent Opposition to Arbitration Bylaws Is Speaking Volumes,” The National Law Journal (August 12, 2013)

“Stockholder Adoption of Mandatory Individual Arbitration for Stockholder Disputes,” Harvard Journal of Law & Public Policy (Summer 2013)

PLI’s Guide to the Securities Offering Reforms (Practising Law Institute, 2005)

The Sarbanes-Oxley Act of 2002: Analysis and Practice (Aspen Publishers, 2003)