Pamela W. Peterson, Esq.

Experience

 

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I have worked in the legal departments of two major broker-dealers from October 1987 to April 2015, with one year in private practice as underwriters' counsel/derivatives contract negotiator.  Since 1995, my practice has been concentrated in the area of municipal securities.  I have an intimate knowledge of the challenges that face broker-dealers and municipal advisors  in complying with the rules of the Municipal Securities Rulemaking Board (as interpreted and enforced by FINRA) and SEC regulations that affect the underwriting and sales of municipal securities and municipal advisory work.  

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Past chair of the SIFMA Municipal Legal Advisory Committee. Summa cum laude graduate of Seton Hall University School of Law, 1999.  

 

Admitted in New Jersey.

Services

 

 

Independent legal advice and compliance consulting for broker-dealers or advisors on municipal securities and municipal advisor laws, rules, regulations.  

 

Compliance training for broker-dealer or advisory personnel about municipal securities and municipal advisory work, including standards, risks and disclosure obligations to clients.

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Assistance in creating practical, plain-English policies, procedures, and supervisory procedures that can be efficiently utilized in the course of an active municipal securities business.

 

Advice on handling and responding to regulatory inquiries and exams.

Philosophy

5-1-2015

 

“All streams flow to the sea because it is lower than they are. Humility gives it its power. If you want to lead the people, you must learn how to follow them."-Lao-Tzu

 

Good policy flows from a keen legal understanding of the rules.  But good procedures flow from throughly understanding the challenges, time limitations, and needs of the people who will have to carry out those procedures.  Policy and procedures need to match up and you can't make that happen if all decisions come from on high.  I will take the time to listen, before I advise.

Areas of Practice

Securities Regulation

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Municipal Disclosure for Dealers

 

Underwriting and Secondary Sales-

       Best Practices

 

Regulatory Inquiries and Exams

 

Municipal Securities Litigation

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