People
Russell Sacks is a financial services regulatory partner in King & Spalding’s Corporate, Finance and Investments practice.
He provides advice to market participants on a worldwide basis with respect to regulatory, transactional, trading and markets issues, with particular emphasis on U.S. regulation of securities broker-dealers, asset managers, clearing agencies, and electronic trading systems.
Russell represents broker-dealers and asset managers on all aspects of those business’ life cycles, with particular emphasis on regulation of private banks and wealth managers; investment banks; equity and fixed-income trading operations; research businesses; regulation of syndicates; and electronic trading systems. Russell regularly represents globally important financial institutions, including state-owned financial institutions, on their cross-border activities. Russell also regularly represents SIFMA with respect to various issues in respect of SEC and FINRA regulation.
LL.B., University of Toronto, with honors
B.A., Columbia University, Magna Cum Laude
New York
Law Clerk, The Honourable Justice Allen M. Linden, Federal Court of Appeal, Ottawa, Canada
Member, American Bar Association: Committee on Federal Regulation of Securities, Subcommittee on NASD Corporate Finance Rules and Committee on State Regulation of Securities
November 12, 2024
Russell Sacks discusses President-elect Donald Trump’s crypto agenda
September 12, 2024
King & Spalding Represented the Initial Purchasers in Murano’s $300 Million First-of-a Kind Notes Offering
Formation and expansion of broker-dealers
Formation, registration and expansion of broker-dealers, ATS and clearing agencies, including entities focused on retail brokerage, private banking and wealth management, investment banking advisory, private placements and secondary placement of private securities, research distribution, and secondary trading
Representation of clients seeking regulatory relief
SIFMA, in connection with: adoption of the Financial Industry Regulatory Authority’s (“FINRA”) front-running Rule 5270; with respect to FINRA’s Corporate Financing and IPO Allocation rules; and in connection with SEC regulation of Transfer Agents.
Broker-dealers involved in investigations and enforcement
Representation of broker-dealers involved in SEC and FINRA investigations and enforcement actions, including with respect to: books and records retention; structured notes; ADR trading; trading in securities issued in accordance with Rule 144A; advertising (including fund advertising materials); dealing in products of affiliated issuers, FINRA IPO allocation rules, the SEC net capital rule, and trade reporting rules (including both TRACE and OATS reporting).
December 4, 2024
Practising Law Institute's Broker Dealer Regulation Treatise
November 15, 2024
What Does A Second Trump Administration Mean For The Private Funds Industry?
November 13, 2024
What Does a Second Trump Administration Mean for the Private Funds Industry?
November 12, 2024
Russell Sacks discusses President-elect Donald Trump’s crypto agenda
September 12, 2024
King & Spalding Represented the Initial Purchasers in Murano’s $300 Million First-of-a Kind Notes Offering
Formation and expansion of broker-dealers
Formation, registration and expansion of broker-dealers, ATS and clearing agencies, including entities focused on retail brokerage, private banking and wealth management, investment banking advisory, private placements and secondary placement of private securities, research distribution, and secondary trading
Representation of clients seeking regulatory relief
SIFMA, in connection with: adoption of the Financial Industry Regulatory Authority’s (“FINRA”) front-running Rule 5270; with respect to FINRA’s Corporate Financing and IPO Allocation rules; and in connection with SEC regulation of Transfer Agents.
Broker-dealers involved in investigations and enforcement
Representation of broker-dealers involved in SEC and FINRA investigations and enforcement actions, including with respect to: books and records retention; structured notes; ADR trading; trading in securities issued in accordance with Rule 144A; advertising (including fund advertising materials); dealing in products of affiliated issuers, FINRA IPO allocation rules, the SEC net capital rule, and trade reporting rules (including both TRACE and OATS reporting).
December 4, 2024
Practising Law Institute's Broker Dealer Regulation Treatise
November 15, 2024
What Does A Second Trump Administration Mean For The Private Funds Industry?
November 13, 2024
What Does a Second Trump Administration Mean for the Private Funds Industry?
November 12, 2024
Russell Sacks discusses President-elect Donald Trump’s crypto agenda
September 12, 2024
King & Spalding Represented the Initial Purchasers in Murano’s $300 Million First-of-a Kind Notes Offering
LL.B., University of Toronto, with honors
B.A., Columbia University, Magna Cum Laude
New York
Law Clerk, The Honourable Justice Allen M. Linden, Federal Court of Appeal, Ottawa, Canada
Member, American Bar Association: Committee on Federal Regulation of Securities, Subcommittee on NASD Corporate Finance Rules and Committee on State Regulation of Securities