Steve leads the Eversheds Sutherland (US) Financial Services group.
He ensures that financial services clients are operating within the complex and ever-changing regulatory guidelines that shape today’s market. Steve advises life insurance companies and other financial services organizations on the development, marketing and ongoing compliance related to new insurance and annuity products, including registration of variable and fixed life and annuity contracts with the U.S. Securities and Exchange Commission (SEC).
With more than 35 years of experience, Steve has not only seen significant changes in the financial services market, but he also has played a key role in shaping the regulatory landscape to accommodate those changes. He participates in the development and regulation of pooled investment vehicles, including mutual funds, other regulated investment companies and private funds, including serving as counsel to funds and fund trustees. Investment advisers and broker-dealers also seek his counsel on regulatory and compliance issues.
- Represented a leading, UK-based operator of filling stations, convenience stores and food service providers in acquisition of the convenience store portfolio from the leading US truck stop and travel center operator.
- 39th Annual ALI-CLE Conference on Life Insurance Company Products,November 4-5, 2021
- Chapter 4: Federal and State Securities Regulation of Annuity Products, July 2021, Annuities Answer Book 5th Edition – Published by Wolters Kluwer
- Securities Regulation of Variable Insurance Products,January 5-6, 2009, Practising Law Institute Seminar: Understanding the Securities Products of Insurance Companies 2009
- Recognized by The Legal 500 United States in the area of financial services: regulation (2015-2022), insurance: non-contentious (2015-2021), capital markets: equity offerings (2017-2018); mutual/registered/exchange-traded funds (2022-2023) and financial services regulation: broker-dealers (2023)
- Recognized as a Thomson Reuters Stand-out Lawyer (2022-2023), an independent, client-driven recognition
- Named to The Best Lawyers in America in the area of mutual funds law (2005-2024)
- Recognized by Chambers Global: World’s Leading Lawyers in the area of investment funds (2020-2024)
- Recognized by Chambers USA: Guide to Leading Business Lawyers in the areas of insurance regulation and investment funds (2008-2023)
- Recognized as a stand-out lawyer by Acritas Stars: Independently Rated Lawyers (2018-2020)
- Co-chair, ALI-CLE Conference on Life Insurance Company Products (1999-Present)
- Member, ABA Subcommittee on Securities Activities of Insurance Companies
- District of Columbia
- A.B., summa cum laude, University of Notre Dame,
Phi Beta Kappa
- J.D., Yale Law School,
Editor, Yale Law Journal
Latest Insights
- InsightsNAIC Life and Annuities (A) Committee adopts amendments to Actuarial Guideline 49-A
- InsightsSEC adopts significant changes to shareholder reports for N-1A filers and amendments to investment company advertising rules
- InsightsNAIC Indexed Universal Life Illustration Subgroup solicits comment on options to revise Actuarial Guideline 49-A and to open NAIC Life Insurance Illustrations Model Regulation (#582) to revision
- InsightsNAIC’s LATF solicits feedback on options to address concerns related to AG 49-A
- InsightsSEC proposes amendments to expand the reach of the fund “Names Rule,” with a specific focus on ESG
- InsightsNAIC report – 2021 Fall National Meeting
- InsightsDOL extends temporary enforcement policy for conflicted fiduciaries, delays rollover enforcement
- InsightsNAIC Report – 2021 Summer National Meeting
- InsightsDOL Fiduciary Rule 3.0: The sprint to December 20
- InsightsDOL warns the ERISA fiduciary debate is far from over
- InsightsNAIC Report – 2021 Spring National Meeting
- InsightsClosing the book on continuing the ERISA “best interest” debate – is there anything left to argue about?
- InsightsThe array of ERISA compliance solutions for rollover advice
- InsightsSEC modernizes valuation practices
- InsightsThe emerging patchwork of fiduciary investment advice regulation – Putting the pieces together (update)
- InsightsNAIC Report – 2020 Fall National Meeting
- InsightsDepartment of Labor’s Fiduciary Rule 3.0
- InsightsOn the right track: Securities & Exchange Commission adopts rules to streamline private offering exemptions
- InsightsWhat are DRMs and do you need one? SEC adopts framework for derivatives use by registered funds and BDCs
- InsightsSEC modernizes the description of business, legal proceedings, and risk factors disclosure requirements
Latest News
- NewsNine Eversheds Sutherland Attorneys Named "Lawyer of the Year"; 137 Attorneys Recognized in 2024 Edition of The Best Lawyers in America
- News29 Eversheds Sutherland Practice Areas, 112 Attorneys Named Among Nation’s Best in 2023 Legal 500 United States
- News34 Eversheds Sutherland Practice Areas, 81 Attorneys Named Among Nation’s Best in 2023 Chambers USA
- NewsThree Eversheds Sutherland Attorneys Named "Lawyer of the Year"; 111 Attorneys Recognized in 2023 Edition of The Best Lawyers in America
- News26 Eversheds Sutherland Practice Areas, 107 Attorneys Named Among Nation’s Best in 2022 Legal 500 United States
- News34 Eversheds Sutherland Practice Areas, 83 Attorneys Named Among Nation’s Best in 2022 Chambers USA
- News22 Eversheds Sutherland Practice Areas, 102 Attorneys Named Among Nation’s Best in 2021 Legal 500 United States
- News31 Eversheds Sutherland Practice Areas, 79 Attorneys Named Among Nation’s Best in 2021 Chambers USA
- News66 practice areas across 24 jurisdictions named among world’s best in Chambers Global 2021
- NewsThree Eversheds Sutherland Attorneys Named "Lawyer of the Year"; 115 Attorneys Recognized in 2021 Edition of The Best Lawyers in America
- News19 Eversheds Sutherland Practice Areas, 102 Attorneys Named Among Nation’s Best in 2020 Legal 500 United States
- News24 Eversheds Sutherland Practice Areas, 63 Attorneys Named Among Nation’s Best in 2020 Chambers USA
- NewsAcritas Stars Recognizes 26 Eversheds Sutherland Attorneys for Outstanding Client Service
- NewsNine Eversheds Sutherland US Attorneys, Three US Practices Recognized in 2020 Edition of Chambers Global
Insights
NAIC Life and Annuities (A) Committee adopts amendments to Actuarial Guidel...
Insights
SEC adopts significant changes to shareholder reports for N-1A filers and a...
Insights
NAIC Indexed Universal Life Illustration Subgroup solicits comment on optio...
Insights
NAIC’s LATF solicits feedback on options to address concerns related to AG ...
News
Nine Eversheds Sutherland Attorneys Named "Lawyer of the Year"; 137 Attorne...
News
29 Eversheds Sutherland Practice Areas, 112 Attorneys Named Among Nation’s ...
News
34 Eversheds Sutherland Practice Areas, 81 Attorneys Named Among Nation’s B...
News
Three Eversheds Sutherland Attorneys Named "Lawyer of the Year"; 111 Attorn...