Graduate Intern - Market Regulation, Legal - New York, NYBookmark This
New York, NY
We Work to Protect Investors. Join our Team.
2014 Summer Internship Program
FINRA is dedicated to providing you with an internship opportunity to gain knowledge and experience in the securities industry with an employer that places a high value on the professional and personal growth of our employees. We set the bar high – we are looking for interns that are strong academically, can bring results, and are committed to exceeding expectations. We need you to represent the highest standards of personal integrity and organizational values. If you would like to contribute to our important mission and work collegially in a professional organization that values intelligence, integrity and initiative, then consider an Internship with FINRA.
We are seeking a well-qualified individual for a Graduate Internship in our Market Regulation-Legal Department in New York, NY. The Summer Internship Program runs from May 19, 2014 through August 8, 2014. To be considered for this position, please submit your resume through our career site at www.finra.org/careers. No phone calls please.
Assist the Market Regulation Department Legal Section in participating in examinations, investigations and disciplinary proceedings on behalf of the Market Regulation Department for violations of the Association’s rules and the federal securities laws and in providing legal advice and counsel to the staff of the Market Regulation Department.
Essential Job Functions:
- Under the direct supervision of Chief and Assistant Chief Counsels to the Market Regulation Department, the Legal Intern will engage in the following activities:
- Assist in advising and participating in examination and surveillance reviews and complex investigations conducted by the Department pertaining to the trading and market making, and sales practice violations by member firms and associated persons including the gathering of documentation evidence and the analysis thereof.
- Assist in participating in on-the-record interviews of witnesses and potential respondents.
- Assist in drafting memoranda summarizing examinations and investigative results, analyzing applicable law and reviewing evidence to determine legal sufficiency with respect to suspected violations.
- Assist in drafting complaints, letters of acceptance, waiver and consent and other legal documents including motions, responses thereto and similar documents.
- Assist in the creation of hearing exhibits to ensure that exhibits are persuasive and sufficient to support all allegations in the complaint.
- Legal research in connection with interpretative advice to the Department staff and the membership as to the federal securities laws, relevant rules and regulations thereunder and the Association’s Rules.
- Participate in special projects as assigned.
- Two years or more of law school, and relevant experience in a regulatory or legal environment with current working knowledge of the federal securities laws, particularly the Securities Exchange Act of 1934.
- Excellent oral and written communication skills.
- Excellent interpersonal skills.
- Experience with law enforcement or regulatory organization is a plus.
- Work is normally performed in an office environment.
The information provided above has been designed to indicate the general nature and level of work of the position. It is not a comprehensive inventory of all duties, responsibilities and qualifications required.
To be considered for our Summer Internship Program, please submit the following to the Internship opportunity that is the best match to your ambitions:
· A cover letter (i.e. outlining your area of interest, what you hope to achieve through this program, what you can contribute to the organization and your current GPA) and
· Your current resume.
· Note - A transcript is not required with your initial resume submission, but those students selected for an interview may be required to submit a transcript at that time.
Please note: If the ‘Apply Now’ button on a job board posting does not take you directly to the FINRA Careers site, enterwww.finra.org/careersinto your browser to reach our site directly.
FINRA strives to make our career site accessible to all users. If you need a disability-related accommodation for completing the application process, please contact FINRA’s accommodation help line at 240.386.4865. Please note that this number is exclusively for inquiries regarding application accommodations.
FINRA’s Code of Conduct imposes restrictions on employees’ investments and requires financial disclosures that are uniquely related to our role as a securities regulator. FINRA employees are required to disclose to FINRA all brokerage accounts that they maintain, and those in which they control trading or have a financial interest (including any trust account of which they are a trustee or beneficiary and all accounts of a spouse, domestic partner or minor child who lives with the employee) and to authorize their broker-dealers to provide FINRA with duplicate statements for all of those accounts. All of those accounts are subject to the Code’s investment and securities account restrictions, and new employees must comply with those investment restrictions—including disposing of any security issued by a company on FINRA’s Prohibited Company List or obtaining a written waiver from their Executive Vice President—by the date they begin employment with FINRA. Employees may only maintain securities accounts that must be disclosed to FINRA at one or more securities firms that provide an electronic feed (e-feed) of data to FINRA, and must move securities accounts from other securities firms to a firm that provides an e-feed within three months of beginning employment.
As standard practice, employees must also execute FINRA’s Employee Confidentiality and Invention Assignment Agreement without qualification or modification and comply with the company’s policy on nepotism.
The Financial Industry Regulatory Authority (FINRA) is an independent, non-governmental regulator for all securities firms doing business with the public in the United States. FINRA works to protect investors and maintain market integrity in a public-private partnership with the Securities and Exchange Commission (SEC), while also benefiting from the SEC’s oversight. In its role as investor guardian, FINRA is informed, but not influenced, by the industry that it regulates. FINRA’s independent regulation plays a critical role in America’s financial system–all at no cost to taxpayers.
FINRA’s independent regulation plays a critical role in America’s financial system and touches virtually every aspect of the securities business—from registering and educating industry participants to examining securities firms; writing rules; enforcing those rules and the federal securities laws; informing and educating the investing public; providing trade reporting and other industry utilities; and administering the largest dispute resolution forum for investors and registered firms.
All told, FINRA oversees nearly 4,600 brokerage firms, about 164,000 branch offices and approximately 632,000 registered securities representatives. We also perform market regulation under contract for the major U.S. stock markets, including the New York Stock Exchange, NYSE Arca, NYSE Amex, The NASDAQ Stock Market and the International Securities Exchange.
In today's fast-paced and complex global economy, FINRA is a trusted advocate for investors, dedicated to keeping the markets fair and proactively addressing emerging regulatory issues before they harm investors or the markets.
FINRA has approximately 3,000 employees and operates from Washington, DC, and New York, NY, with 20 regional offices around the country.
Find out more about us and how we work—and view our current openings—at www.finra.org/careers.
Search Firm Representatives
Please be advised that FINRA is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, a valid written agreement and task order must be in place before any resumes are submitted to FINRA. All resumes submitted by search firms to any employee at FINRA without a valid written agreement and task order in place will be deemed the sole property of FINRA and no fee will be paid in the event that person is hired by FINRA.
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