Robin M. Bergen’s practice focuses on government and internal investigations, and regulatory enforcement and examination of broker-dealers and investment advisers.
Robin represents corporate clients and individuals in a broad range of government investigations involving U.S. and international governmental agencies, including the Securities and Exchange Commission, the Commodity Futures Trading Commission, the U.S. Department of Justice, FINRA and State Attorneys General. With deep background and knowledge in structured finance, she has particular experience advising financial services firms in enforcement matters relating to financial and complex products.
In addition, Robin has extensive experience in the regulation of investment companies and investment advisers, where she advises boards of directors and management on regulatory matters ranging from examinations and government investigations to internal reviews and investigations.
Robin joined the firm in 1994 and became a partner in 2003.
Several Wall Street investment banks, hedge funds, and asset managers in investigations by the SEC, FINRA, UK FCA, and congressional committees relating to subprime mortgage matters, including collateralized debt obligations (CDOs), residential mortgage-backed securities, and commercial mortgage-backed securities.
Alfred C. Toepfer International (a subsidiary of ADM) in DOJ and SEC Foreign Corrupt Practices Act (FCPA) investigations involving alleged bribery in Ukraine, including in its settlement with the SEC and DOJ.
Paradigm Capital Management in its settlement with the SEC resolving the first-ever charge of whistleblower retaliation by the SEC.
Major corporate and financial institution clients in investigations by the NYAG under the False Claims Act involving possible fair trade and New York State tax issues relating to reporting of revenues and deductions.
Major financial institutions in CFTC and SDNY investigations of swaps trading in the SSA market.
Several large asset managers in connection with SEC and other regulatory investigations stemming from the Madoff and Stanford fraud cases.
Several major private equity funds, hedge funds, and financial services firms on enforcement and regulatory issues, including the Investment Advisers Act and Investment Company Act, arising from Dodd-Frank and regulatory reform.
Several registered broker-dealers and investment advisers in connection with SEC regulatory examinations relating to various compliance issues.
Several public companies and senior officers in connection with SEC investigations involving allegations of accounting fraud and other misconduct.
Independent directors and senior management of several major publicly traded companies in internal investigations and internal reviews relating to accounting and securities matters, compliance issues, and structured finance products.
- Member, Executive Council, Federal Bar Association Securities Law Committee
- Member, ALI-ABA Advisory Panel on Securities Law
- Former Vice Chair, International Securities Law Committee, DC Bar Association’s Corporation, Finance and Securities Law Section
“Proposed Bad Actor Disqualification Act of 2019 Would Severely Limit the Availability of Waivers for Institutions Entering into Settlements with the SEC and DOJ,” (co-author with Matthew Solomon, Joon Kim, and Alexander Janghorbani), Cleary Gottlieb Alert Memorandum, July 9, 2019; republished by the Harvard Law School Forum on Corporate Governance and Financial Regulation, July 20, 2019.
“SEC Adopts Best Interest Standard for Broker-Dealers and Fiduciary Duty Guidance for Investment Advisers,” (co-author with Richard S. Lincer, Colin D. Lloyd, Carl F. Emigholz, Zachary L. Baum and Jim Wintering), Cleary Gottlieb Alert Memorandum, June 20, 2019.
“SEC Privacy Risk Alert may Foreshadow Upcoming Reg S-P Enforcement Against Broker-Dealers, Investment Advisers,” (co-author with Margot Gianis Mooney, Anne Titus Hilby and Jim Wintering), Cleary Cybersecurity and Privacy Watch blog post, May 15, 2019.
“CFTC Division of Enforcement Releases First Public Enforcement Manual,” (co-author with Breon Peace and Nowell D. Bamberger), Cleary Gottlieb Alert Memorandum, May 13, 2019.
“FINRA Proposes Rules Targeting Firms With History of Misconduct,” (co-author with Carl F. Emigholz, Phillip L. Hurst and Samuel H. Chang), Cleary Enforcement Watch blog post, May 13, 2019.
“Retail, Remedies, Resources and Results: Observations From the SEC Enforcement Division 2018 Annual Report,” (co-author with Matt Solomon, Alexis Collins, Anne Hilby, and Adam Motiwala, November 6, 2018; republished by the Harvard Law School Forum on Corporate Governance and Financial Regulation, November 24, 2018.
“Virtual Currencies, Manipulation, Cooperation, and More: CFTC Enforcement Division’s 2018 Annual Report,” (co-author with Nowell Bamberger and Emily Michael), Cleary Enforcement Watch blog post, November 26, 2018; republished by New York University School of Law Compliance & Enforcement Blog, November 28, 2018.
GIR “Securities and Related Investigations Know-How Guide,” Global Investigations Review, Co-editor of the guide and co-author of the USA chapter, October 25, 2018.
“SEC Proposes New Best Interest Standard for Broker-Dealers and “Clarification” of Existing Fiduciary Standard for Investment Advisers,” (co-author with Carl F. Emigholz, Arthur H. Kohn, Colin D. Lloyd and Alexander Janghorbani), Cleary Gottlieb Alert Memo, May 2, 2018.
“Pitfalls of Voluntary Remediation by Investment Firms,” (co-author with Adrian Rae Leipsic, Matthew Solomon, and Alexis Collins), Law360, February 8, 2018.
“Analysis of SEC Enforcement Division Annual Report,” (co-author with Matthew Solomon and Alexis Collins), Harvard Law School Forum on Corporate Governance and Financial Regulation, December 6, 2017.
GIR “Securities and Related Investigations Know-How Guide,” Global Investigations Review, October 17, 2017. Co-editor of the guide and co-author of the USA chapter.
“CFTC Announces New Enforcement Strategy Focused on Self Reporting,” co-author, Cleary Gottlieb Alert Memorandum, September 26, 2017.
“CFTC Approves Amendments to Whistleblower Rules Including Significant Enhancements of its Anti-Retaliation Protections,” co-author, Cleary Gottlieb Alert Memorandum, May 25, 2017.
“SEC Adopts Form ADV Amendments for Affiliated Advisers and Separately Managed Accounts,” co-author, Cleary Gottlieb Alert Memorandum, August 30, 2016.
“SEC Proposes Rules to Require Business Continuity and Transition Plans for Registered Investment Advisers,” co-author, Cleary Gottlieb Alert Memorandum, July 7, 2016.
GIR “Securities and Related Investigations Know-How Guide,” Global Investigations Review, February 4, 2016. Co-editor of the guide and co-author of the USA chapter.
Thomson Reuters’ News & Insight (contributor, 2010-2012).
“The Role of the Board in Turbulent Times... Overseeing Internal Investigations,” The Conference Board: Executive Action Series (February 2009).
“Advising Corporate Clients in Securities Enforcement Investigations,” Common Issues in Securities Law: Leading Lawyers on Managing Client Expectations, Evaluating Securities Investigations, and Identifying Key Issues in U.S. Securities Law (Aspatore, 2008).
December 06, 2017
May 19, 2016
May 03, 2016
April 16, 2015
April 30, 2014
February 13, 2013
February 04, 2013
November 15, 2011
October 13, 2011
September 08, 2011
April 27, 2011