Mary has advised broker-dealers and represented them in SEC and FINRA examinations, investigations, and enforcement actions in the following areas:

• Trading issues involving equities, options, fixed income, exchange-traded funds (ETFs), and other products
• Regulation SHO
• Broker-dealer and alternative trading system registration
• Distribution of mutual funds, unit investment trusts, ETFs, and variable annuities
• Mobile trading applications for retail investors
• Supervisory controls and compliance programs, including annual reviews, internal inspections, CEO certifications, and self-reporting
• Anti-money laundering compliance programs
• Electronic communications supervision and retention
• Fingerprinting and registration issues, including Form U4 and U5 filing requirements
• Customer documentation and clearing agreements
• Operational issues, including prospectus delivery and electronic blue sheets
• SEC net capital and customer protection rules and interpretations
• Retail suitability and sales practices issues, including variable annuities and structured and complex products, such as leveraged and inverse ETFs and non-traded REITs
• Senior investor issues, including the reporting of vulnerable adult exploitation to governmental entities and asset holds
• Cryptocurrencies and cryptoassets
• Research report disclosures
• Customer complaint reporting

Mary has advised stock exchanges concerning rule filings, product listings, registration and ownership changes and other compliance issues. She also has represented exchanges in enforcement matters.