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LOOKING FORWARD 2021 NEW HORIZONS 2021 SECURITIES REGULATION LAW FIRM OF THE YEAR U.S. News—Best Law Firms NEW YORK WASHINGTON, DC VIRGINIA CHICAGO SAN FRANCISCO Contents 1 A Message from the Chairman 17 Broker-Dealer Advisory & Counseling 2 Firm Updates 18 Independent Monitoring & Independent Consulting 6 Balancing Government Perspective 19 Cybersecurity, Incident Response, & Data Privacy with Business Experience 20 Securities Arbitration & ADR 21 Health Care Fraud Defense & Compliance Counseling PRACTICE AREAS 22 International Advisory 8 Commodities, Futures & Derivatives 10 Regulatory Enforcement Defense FEATURES 11 Securities & Complex Commercial Litigation 23 Innovation Lab 12 FinTech & Blockchain 24 StraDIM 14 Investment Advisory 25 Making a Difference 15 White Collar Defense, Investigations & Compliance Counseling 16 Trading & Markets Counseling A Message from the Chairman I think it is fair to say that 2020 will go down in the record books as a most challenging year. But I am delighted to report that, here at Murphy & McGonigle, we met every challenge with compassion and resolve. And we delivered for our most important constituencies: Our People, Our Clients and Our Communities. In March, we re-engineered our law firm to a fully work-from-home operational model. Our IT and admin teams proved once again that they are the best in the business. We adapted rapidly to changing conditions and continued to deliver world-class service to our clients without missing a beat. We kept faith with Our People by putting their health and safety first. Notwithstanding the economic uncertainties, we chose not to lay off or cut the pay of a single staff member or associate. With various shut down orders in place across the country, we found new avenues to serve Our Communities in a time of great need, including fighting for compassionate release for the most vulnerable among the incarcerated population. We redoubled our commitment to Diversity & Inclusion in a number of ways, including by signing on to the new Mansfield Rule for Midsize Law Firms. In the midst of all the challenges of 2020, we seized opportunities we saw in the marketplace. This is in our DNA. We opened new offices in San Francisco and Chicago this year. We found outstanding partners in Mauricio Beuglemans and Harris Kay to lead the charge in San Francisco and Chicago, respectively. We are gratified by the wonderful reception we have already received from clients. And we look forward to building an All-Star team of legal talent in each of these markets. In June, we celebrated our firm’s Ten Year Anniversary. Ten years ago, we opened our doors with little more than an entrepreneur’s optimism and a few core values. One of those core values was the commitment to maintaining a high bar for talent. I am pleased to say that, after ten years, we have stayed true to those core values. And the results have been beyond anything we could have imagined. We were recently informed by U.S. News & World Report that Murphy & McGonigle has been chosen the “Law Firm of the Year” in Securities Regulation for 2021. We are the first boutique law firm in the country to receive this accolade! It is a remarkable affirmation of our law firm model and those core values to which we all committed when we opened our doors just ten years ago. Most of all we are grateful for Our Clients, who continue to place their trust and confidence in us by calling on our team to handle some of their most complex and sensitive legal matters. We never lose sight of the fact that we must earn that trust and confidence every day. On behalf of all the lawyers and staff at Murphy & McGonigle, we thank you sincerely for your continued support. James A. Murphy Chairman FIRM UPDATES Extending Footprint in U.S. Financial Markets Murphy & McGonigle continued its recent momentum with the opening of two new offices in 2020—in Chicago and in San Francisco. The firm has made significant strides in gaining market share across the U.S. since its founding in 2010, with an ever-growing lineup of financial industry lawyers and a unique law firm platform. The addition of Chicago and San Francisco now provides Murphy & McGonigle with a footprint that includes the most significant financial services markets in the United States. Harris L. Kay CHICAGO Harris L. Kay, a Chicago-based veteran financial services lawyer, joined the firm in August 2020 to serve as managing partner of the Chicago office, which is located at 300 North LaSalle Street. Mr. Kay joined Murphy & McGonigle from the Chicago office of a national law firm. He continues to serve a variety of financial industry clients in securities and commodities regulatory and litigation matters. He counsels industry professionals, including futures commission merchants, introducing brokers, broker- dealers, proprietary traders, investment advisers, commodity pool operators and commodity trading advisers in operational and compliance matters, litigation, and regulatory investigations and enforcement proceedings before government agencies, self-regulatory organizations, and exchanges. Mr. Kay is past chair of the Financial & Investment Services Committee of the Chicago Bar Association, and he is a frequent speaker on various topics related to the securities and futures industries. Mauricio S. Beugelmans SAN FRANCISCO Mr. Beugelmans established Murphy & McGonigle’s first West Coast office, located at 44 Montgomery Street in San Francisco, in July of 2020. His practice focuses on serving financial institutions in securities litigation, arbitration, employment, and regulatory proceedings. Mr. Beugelmans brings over twenty years of litigation and FINRA, CFTC, and SEC regulatory experience from his prior roles as in-house counsel at Morgan Stanley and Charles Schwab, as managing partner of a law firm serving financial institutions, and as a litigation and financial markets partner in a national law firm. Mr. Beugelmans held various leadership roles in Morgan Stanley’s compliance and legal division, including as counsel to Morgan Stanley’s chief compliance officer. He has led hundreds of securities arbitrations, internal investigations, and regulatory proceedings. Following his tenure at Morgan Stanley, he returned to private practice and founded a law firm, serving as the firm’s managing partner for ten years. 2 MURPHY & McGONIGLE Doubling Down on Diversity, Equity, and Inclusion The events in 2020 have dramatically focused the firm's attention on racial and social injustice in our communities. We as a firm have come together to denounce discrimination, in whatever form, and express our support for those who have been subjected to these experiences. Recent events impel us to increase our efforts, particularly with respect to racial and ethnic minorities. Our commitments lie along three pillars: Focusing on Diverse Investing in Developing a Representation Social Justice Diverse Pipeline Mansfield Rule In 2020, Murphy & LFAA In 2020, Murphy & McGonigle External Murphy & McGonigle McGonigle became one of 20 law became a member of the Law Firm continues to be an active member of firms to pilot the inaugural Mansfield Antiracism Alliance (LFAA) and Minority Corporate Counsel Association Rule for Midsize Law Firms. The committed to dedicating resources to: (MCCA) and Leadership Council on Mansfield Rule is a leading industry- • amplify the voices of communities Legal Diversity (LCLD) and participates wide initiative for law firms devoted to and individuals oppressed by racism, in fellowship and intern programs proactively increasing and sustaining • better use the law as a vehicle for directed at diverse attorneys and 1Ls. a diverse and inclusive workforce in change that benefits communities their firms with specific required metrics. of color, and Internal Murphy & McGonigle • promote racial equity in the law and significantly enhanced and formalized Participating firms commit to in government institutions. the professional development program considering at least 30% of historically designed to support attorneys in underrepresented lawyers—women, Pro Bono Murphy & McGonigle has advancing their careers, including lawyers of color, LGBTQ+ lawyers, been honored by the Interfaith Action enhanced opportunities for mentoring/ and lawyers with disabilities—for for Human Rights (IAHR) for the pro sponsorship, credentialing, and a variety of roles, including equity bono legal services of Shareholder business development. partner promotions, senior Lionel Andre, a member of White Collar lateral hires, client pitches and Defense, Investigations & Compliance leadership positions. Counseling Practice on behalf of at-risk, incarcerated prisoners. Facilitating Conversations Members of the firm’s Diversity & Inclusion Initiative lead conversations with industry members, for CLE credit, about obstacles and opportunities for diverse attorneys in the current environment and best practices for promoting positive culture in legal communities. LOOKING FORWARD 2021 3 FIRM UPDATES Murphy & McGonigle named Securities Regulation ‘Law Firm of the Year’ by U.S. News—Best Lawyers Murphy & McGonigle has been named “Law Firm of the Year” for Securities Regulation in the 2021 Edition of U.S. News—Best Lawyers "Best Law Firms." The prestigious recognition is bestowed on only one firm in the United States annually. Murphy & McGonigle is the first boutique law firm to ever be so honored. Recent Winners Years Won Number of Attorneys Murphy & McGonigle 2021 50 Est. 2010 2020, 2017 2000 Sidley Austin 2012, 2011 Est. 1866 Morgan,
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