NASD Regulation Hires Senior Securities Industry Expert
Washington, D.C.--The newly created regulatory arm of the National Association of Securities Dealers, NASD Regulation, Inc., today announced that veteran securities industry expert, Linda D. Fienberg, will join the nation's largest self-regulatory organization as Executive Vice President of Adjudication and Chief Hearing Officer.
The announcement was made by NASD Regulation President Mary L. Schapiro as she unveiled the organization's broad reorganization program today in Chicago.
"With more than 15 years of experience in the securities industry, Linda is precisely the right person to head this vital new office," Schapiro said. Fienberg's appointment fills a key post at NASD Regulation.
Fienberg, a partner at the Washington-based law firm of Covington & Burling, will manage the new office, a compilation of the existing Arbitration Department and a new Office of Hearing Officers, a key Rudman Committee recommendation. This new office will administer the disciplinary pre-hearing and motion process and oversee discovery and the procedural aspects of disciplinary proceedings.
Fienberg joined Covington & Burling in 1991 as Of Counsel. Previously, she spent 11 years at the Securities and Exchange Commission (SEC) and five years at the Washington-based law firm of Arnold & Porter. At the SEC, she held several senior positions, including Executive Assistant to two Chairmen and Associate General Counsel, first for the Litigation section, and then for the Counseling and Legislation section, in the General Counsel's office. For her service, Fienberg received the SEC's Distinguished Service Award.
At Covington & Burling, Fienberg focused on securities and financial institution cases, representing clients in SEC and financial institution investigations and enforcement actions, criminal matters, class actions, and other private litigation, and arbitrations.
Fienberg is a member of the NASD Legal Advisory Board, the National Arbitration and Mediation Committee, and served as a member of the NASD Arbitration Policy Task Force, chaired by former SEC Chairman David Ruder.
Fienberg received her J.D. in 1973 from Georgetown University Law Center, her M.A.T. with honors from Wesleyan University in 1966, and her B.A. (Phi Beta Kappa) from Cornell University in 1964.