D.C. Partner Complements Firm's Deep Securities Bench
WASHINGTON, Aug. 19,
2024 /PRNewswire/ -- David Hirsch, who recently led the Securities
and Exchange Commission's Crypto Assets and Cyber Unit
(CACU), has joined McGuireWoods' growing securities enforcement and
regulatory counseling practice as a partner in Washington, D.C.
Hirsch served as CACU chief in the SEC's Division of
Enforcement, overseeing matters that included first-of-their-kind
investigations, resolutions and litigation. He was responsible for
recommending and implementing the SEC's cybersecurity enforcement
priorities and played a leading role establishing the agency's
approach to enforcing registration obligations for a variety of
crypto asset activities.
Before becoming CACU chief in 2022, Hirsch was counsel to SEC
Commissioner Caroline Crenshaw. In
that role, he reviewed and advised on effectively all enforcement
recommendations before the SEC and frequently met with market
participants, advocates, media and legislative staff.
Hirsch joined the SEC in 2015 as a senior counsel in the
Division of Enforcement's Fort Worth,
Texas, regional office. Prior to entering public service, he
co-owned a private investigation firm focused on securities
fraud matters.
At McGuireWoods, Hirsch will have a broad securities enforcement
practice, including advising clients on matters related to
cybersecurity and crypto assets.
"Dave's distinguished career at the SEC — in particular his role
as an adviser to Commissioner Crenshaw and the head of a unit
addressing major issues facing market participants — gives him a
unique perspective that will inure to the benefit of our clients,"
said Noreen Kelly, McGuireWoods'
deputy managing partner for litigation. "He knows how regulators
think and has an in-depth understanding of the intricate compliance
challenges clients face in today's market, including with respect
to crypto and cybersecurity regulation."
Robert Muckenfuss, chair of the
firm's Financial Services & Securities Enforcement Department,
added: "Cybersecurity and crypto are rapidly evolving
areas of the law and Dave's unique background and extensive
experience in securities enforcement will help our clients stay
ahead of the curve."
Anchored by former SEC and Financial Industry Regulatory
Authority (FINRA) attorneys, as well as former high-level
federal prosecutors, McGuireWoods manages securities investigations
at every stage — from informal inquiries and routine exams through
investigations, litigation and appeals — while also serving as
trusted advisers on regulatory counseling matters and developing
issues confronting clients and the industry more broadly.
"Dave's arrival is another important milestone in our team's
growth," said Elizabeth Hogan,
co-leader of the securities enforcement and regulatory counseling
practice and managing partner of the firm's D.C. office. "He
complements our deep bench of former regulators and enforcement
officials and enhances our nationally recognized practice."
Said Hirsch: "McGuireWoods has a premier securities and
regulatory enforcement practice with exceptional lawyers and a
well-deserved reputation for innovation. What sets McGuireWoods
apart for me is its commitment to providing unmatched client
service and how intentional it has been over a number of years in
structuring the practice to deliver excellent results. I am excited
to begin this new chapter of my career at such an outstanding
firm."
Note: Hirsch is not admitted in the District of Columbia. He is a member of the
California bar and has applied for
admission to the D.C. bar. While he awaits admission, he is
practicing under the direct supervision of an enrolled, active D.C.
bar member.
McGuireWoods LLP is a leading international law firm with 1,100
lawyers in 21 offices worldwide. It continuously ranks among the
top firms in Financial Times' prestigious North America
Innovative Lawyers report. The firm has been recognized 18 times on
BTI Consulting's Client Service A-Team — elite firms singled out
for client service excellence based on unprompted feedback from
clients in major companies. Its full-service public affairs arm,
McGuireWoods Consulting LLC, offers infrastructure and economic
development, strategic communications and grassroots advocacy, and
government relations solutions. For more information, visit
www.mcguirewoods.com.
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SOURCE McGuireWoods LLP