HENRY MINNEROP is senior counsel in the New York office. His practice focuses on litigation and providing regulatory advice in the area of securities law and regulation. Mr. Minnerop represents securities brokerage firms and other financial institutions in a wide range of matters including securities law class actions, SEC and SRO disciplinary proceedings and industry arbitrations.
A significant part of Mr. Minnerop’s practice is devoted to the representation of clearing firms and prime brokers, both as litigation and regulatory counsel. He was a member of the SIA Prime Brokerage Committee that formulated SIA model contracts in the prime brokerage area and has represented and continues to represent the SIA Clearing firms Committee on a variety of issues, including the adoption of the ACT Rules, the development of Clearing firm Best Practices and AML procedures in compliance with the USA PATRIOTS Act.
Mr. Minnerop is a frequent speaker at securities industry conferences and has written extensively on the duties and liabilities of clearing brokers and prime brokers, including: “The Role and Regulation of Clearing Brokers,” 48 Bus. Law. 841 (May 1993) and “Clearing Arrangements,” 58 Bus. Law 917 (May 2003).