Today, Murphy & McGonigle, P.C. announced that Larry E. Bergmann has joined the firm as a partner in its Washington, DC office. Mr. Bergmann brings to the firm substantial experience in broker-dealer regulatory compliance and securities markets issues, including many years as a senior regulator in the SEC’s Division of Trading and Markets.
“We are very pleased to have Larry join our team,” said James A. Murphy, chairman of Murphy & McGonigle. “Larry’s extraordinary breadth and depth of experience in broker-dealer and cutting-edge securities market regulation issues will significantly enhance our ability to serve our financial services clients.” Tom McGonigle, managing partner of the firm’s DC office, added “Larry’s vast knowledge and thoughtful approach to legal issues will be a tremendous addition to our SEC Enforcement and Regulatory Practice, particularly during this period of rapid regulatory change.”
“I am excited to be joining Murphy & McGonigle,” said Bergmann. “The firm includes a number of highly experienced securities lawyers who have practiced together for many years. I am particularly pleased to have the opportunity to reconnect with a number of my former colleagues from the SEC. The firm provides a highly collegial and bureaucracy-free setting for me to practice law.”
Mr. Bergmann served with the SEC from 1975 until January 2006. He began as a staff attorney in the Northeast Regional Office, and subsequently transferred to the Division of Enforcement in Washington, DC, where he became a Branch Chief. He was promoted to Assistant Director for Trading Practices in the Division of Market Regulation (now known as the Division of Trading and Markets) in 1984 and to Associate Director in 1988, and then to Senior Associate Director for Trading Practices and Processing.
As Senior Associate Director, Mr. Bergmann’s responsibilities included oversight of the following areas: the SEC’s trading practices rules; rules applying to short sales; activities of research analysts; issuer repurchases of their own stock; and “soft dollar” interpretations. Among other provisions, he was responsible for the development and administration of Regulation M, Regulation SHO, and the SEC’s interpretive guidance on Section 28(e) of the Securities Exchange Act of 1934.
After leaving the SEC, Mr. Bergmann practiced for several years with the law firm of Willkie Farr & Gallagher.
Murphy & McGonigle serves the litigation, enforcement defense and regulatory counseling needs of financial services firms, public companies, accounting firms and related individuals. It also provides a full range of discovery counseling services through its Strategic Discovery and Information Management (“StraDIM”) group. The firm includes nine partners who formerly served in the SEC’s Division of Enforcement.
Murphy & McGonigle operates out of offices in New York, Washington, DC and Richmond, Virginia.