Tim Nagy
Tim Nagy is a partner in Mayer Brown’s Washington DC office. Tim is a member of the firm’s Litigation & Dispute Resolution practice, Broker-Dealer Regulation & Compliance practice, and Financial Markets Regulatory & Enforcement practice. Tim advises financial institutions, particularly broker-dealers, on compliance and enforcement matters. He regularly represents broker-dealers and their associated individuals in Financial Industry Regulatory Authority (FINRA) and US Securities and Exchange Commission (SEC) inquiries and investigations.
Tim has extensive knowledge of the US capital markets and the rules governing market participants, with a focus on customer order handling rules, anti-manipulation rules, fair pricing and mark-up/mark-down rules, best execution requirements, SEC and self-regulatory organizations (SRO) rules affecting proprietary trading operations, market structure issues (Regulation NMS), and SEC Rule 15c3-5 (Market Access Rule).
Tim spent nine years in FINRA’s Department of Market Regulation where he routinely negotiated Letters of Acceptance, Waiver and Consent (AWCs) and represented the department in disciplinary hearings and appellate proceedings. Tim also counseled and advised FINRA staff on all facets of the FINRA regulatory scheme, including regulatory sweeps, investigations and examinations.