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SEC names Olsen chief counsel in Municipal Securities Office

Former DOJ prosecutor joins Arnold & Porter and Main Street America names a new assistant secretary

SEC Names Olsen Chief Counsel in Municipal Securities Office

The Securities and Exchange Commission has named Rebecca J. Olsen chief counsel in its Office of Municipal Securities (OMS). She has been with the OMS since 2013 and was previously with Ballard Spahr.

In her new role, Olsen will oversee analysis of legal issues that arise in the OMS. Her responsibilities will include review of rulemaking and analysis of disclosure policy issues. She will continue to serve as the office’s liaison to the Division of Enforcement’s Municipal Securities and Public Pensions Unit and to provide legal advice on enforcement efforts.

 “Rebecca Olsen is a very talented municipal securities law expert with extensive experience in municipal securities transactions, whose intellectual curiosity and infectious enthusiasm have enhanced the Office of Municipal Securities,” said John J. Cross III, director of the Office of Municipal Securities, in a statement. “Rebecca will bring invaluable perspective as we move forward in addressing current legal issues that arise in an evolving regulatory framework for the municipal securities market.”

Olsen received her B.A. degree, magna cum laude, from Boston College, her J.D. degree from Georgetown University and her LLM degree in International Business Law, summa cum laude, from the Vrije Universiteit Amsterdam.

Former Justice Department Prosecutor Jeffress joins Arnold & Porter

Amy Jeffress, who was most recently the U.S. Department of Justice’s attaché to the U.S. Embassy in London, has joined Arnold & Porter as a partner in the white collar defense and national security practices. She is resident in the firm’s Washington, D.C., office, where her practice focuses on national and international security and compliance issues, internal investigations, enforcement actions and criminal defense.

Jeffress has spent most of her career at the Justice Department, where she also served as counselor to the Attorney General; assistant U.S. attorney in the District of Columbia and counsel to the deputy attorney general.

“An experienced prosecutor, and more recently Attorney General Eric Holder’s counselor on national security and international matters, Amy has earned great respect both inside and outside the government not only for her legal skill but also for her sophisticated judgment on how to resolve very difficult issues,” said Arnold & Porter Chairman Thomas Milch in a statement. “I am confident that our clients will benefit enormously from her combined experience in national/international security investigations and litigation.”

Kimberly Law

Main Street America names Kimberly Law assistant secretary

The Main Street America Group has named corporate counsel Kimberly Law to the assistant secretary position, an officer-level role at the super-regional property/casualty insurance carrier.

“Kim exemplifies the strong leadership qualities that drive Main Street America’s sustained success in a challenging marketplace and she has played a key role in the success of our company’s law function”

“Kim exemplifies the strong leadership qualities that drive Main Street America’s sustained success in a challenging marketplace and she has played a key role in the success of our company’s law function,” said Main Street America chairman and chief executive officer Tom Van Berkel in a statement.

As corporate counsel, Law is responsible for representing Main Street America at department of insurance and other administrative hearings, as well as monitoring and reporting on regulatory trends within the company’s four regions. Additionally, she produces a quarterly federal and state legislative and regulatory update for the board of directors.

Law had been consulting with the company’s legal department before joining as corporate counsel in May 2013. She has also worked as a litigation associate at Holland & Knight LLP, Fowler White Boggs Banker P.A., and LeBouef, Lamb, Greene & MacRae LLP. 


Contributing Author

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Amy I. Stickel

Amy I. Stickel has extensive experience covering the legal, financial and pharmaceutical industries as a writer and editor. A past managing editor of Corporate Legal Times and...

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