Bruce Bettigole has more than 30 years’ experience as a securities enforcement lawyer and litigator, including 13 years in senior positions on the government/regulatory side. He has been lead trial counsel for the U.S. Securities and Exchange Commission (SEC) as Assistant Chief Litigation Counsel, Chief Counsel for NASD, now known as FINRA, Chief Counsel of NASD’s Criminal Prosecution Assistance Group, and Special Assistant United States Attorney for several U.S. Attorney’s offices. Bruce relies on his deep experience and insider’s knowledge of those agencies to represent clients involved in FINRA, SEC, Public Company Accounting Oversight Board (PCAOB), state securities commissions, and U.S. Department of Justice (DOJ) investigations and litigation, as well as in FINRA arbitrations and private securities class actions.
Bruce provides counsel across a broad spectrum of securities enforcement matters, including allegations of misrepresentations, omissions, accounting fraud, stock manipulation, insider trading, deficient policies and procedures, sales practices, supervision and other key issues. His clients include broker-dealers, investment advisors and their associated persons; major public corporations and their officers, directors and key management personnel; and audit partners at “Big Four” public accounting firms.
Bruce served as Director and Chief Counsel in NASD’s Enforcement Department from 2003 to 2004, where he supervised investigations and litigation. He was Chief Counsel of NASD’s Criminal Prosecution Assistance Group from its inception in 1998 until 2003, supervising the unit and assisting federal, state, and local prosecutors nationwide in criminal securities-related investigations and prosecutions. From 1991 to 1998, Bruce was Assistant Chief Litigation Counsel with the SEC. He also served as Special Assistant U.S. Attorney in New York, Florida, and Nevada, and was lead trial counsel for numerous securities fraud prosecutions.
Sutherland serves as national counsel for complex product cases.
Sutherland serves as nationwide counsel for a major independent broker-dealer in a large number of related regulatory matters, class actions and arbitrations concerning Regulation D offerings, non-traded REITs, and other alternative investments, including product due diligence, suitability, and supervision issues. Sutherland has successfully litigated and settled actions brought by national and state regulatory authorities, as well as private litigation, arbitrations and mediations.
Sutherland wins partial summary judgment and obtains settlement for former executive of public company in which SEC abandons its fraud claims on the eve of trial.
Sutherland litigated against the SEC on behalf of a former public company executive accused of accounting fraud regarding a $1 billion reserve. Sutherland prevailed on summary judgment and won dismissal of key SEC claims, after which Sutherland was able to settle a multi-year SEC investigation on books and records charges alone. There was no financial assessment paid by our client and the SEC did not pursue a parallel administrative sanction.
Sutherland represents a broker-dealer in a FINRA investigation concerning equity-indexed annuities.
In a matter concerning equity-indexed annuities, FINRA chose not to pursue action against our client, a registered broker-dealer, after Sutherland provided a Wells submission and met with senior FINRA Enforcement staff.
Awards and Rankings
Named to The Best Lawyers in America in the areas of administrative/regulatory law, securities regulation and litigation – securities law (2007-2014)
Selected for inclusion in Washington, D.C., Super Lawyers® (2013)
President's Award - NASD (2002)
Member, American Bar Association
Member, Securities Industry and Financial Markets Association (SIFMA) Compliance and Legal Society