Regulatory Compliance

Cosgrove Law Group, LLC assists its clients in developing effective compliance and training programs. Our attorneys also regularly advise clients in investigations and formal proceedings by federal and state financial regulators and self-regulatory organizations. David B. Cosgrove formerly served as the Missouri Commissioner of Securities, where he supervised attorneys, investigators and auditors investigating and prosecuting administrative, civil and criminal violations of Missouri’s securities laws. While Commissioner, Mr. Cosgrove was responsible for identifying practices or industry sectors appropriate for enforcement measures. He also supervised the Securities Division’s registration and audit sections. Additionally, Mr. Cosgrove interfaced on a daily basis with the SEC, NASD (now FINRA), NASAA (North American Securities Administrators Association) and various other state and federal enforcement agencies. In addition, prior to joining Cosgrove Law, LLC, Sheila Carroll served as a Securities Investigator in the Missouri Secretary of State’s Securities Division. During her time as a Securities Investigator, Ms. Carroll worked closely with the Securities Divisions’ Enforcement and Audit sections and was active in the NASAA as well as the Missouri State Investigators Association (MSIA). Ms. Carroll was also formerly an Investigator in the Missouri Attorney General’s Consumer Protection Division and a member of the legal departments of large broker-dealers and investment advisers.

Our attorneys and staff also have extensive research and investigation experience with compliance and auditing procedures, including but not limited to legal issues relating to:

  • The Securities Act of 1933
  • The Securities Exchange Act of 1934
  • The Investment Company Act of 1940
  • The Investment Advisers Act of 1940
  • The Commodity Exchange Act
  • The Financial Industry Regulatory Authority
  • The National Futures Association
  • Various State Securities Laws
  • The Employee Retirement Income Security Act of 1974 (ERISA)