Eliza Sporn

Eliza Sporn Fromberg

CONTACT INFORMATION

Phone
(212) 297 5847
Address
7 Times Square, New York, NY, 10036

Practice Areas

Broker-Dealers, Investment Advisers and Commodities Firms Private Equity and Investment Funds General Counsel Services Capital Markets Compliance Officer Services Mergers, Acquisitions and Joint Ventures

 

Representative Matters

Representation of an investment adviser in connection with the formation and operation of limited partnerships for the purpose of investing in specific private placements. Representation of a group of employees of a registered investment adviser in connection with those employees' purchase of the investment advisory business. Representation of a registered representative of a broker-dealer in FINRA arbitration brought by former employer. Representation of boutique investment bank in FINRA investigation of independence of research department from firm's investment banking activities. Representation of private bank in Department of Justice and Federal Reserve investigations of violations of Bank Secrecy Act and anti-money laundering statutes. Representation of mutual fund complex in multi-agency federal and state investigations of market timing and late trading. Representation of private equity firm in Delaware Chancery litigation seeking redemption of investment in portfolio company.

 

News, Publications & Presentations

Speaker, "Leading Thinkers in Crowdfunding," Family Office Association, Napa, California, October 16, 2014 Quoted, "Dated Accredited-Investor Standard Creates SEC Dilemma," Law360, October 10, 2014 Co-author, "Ten Things You Need to Know Before Engaging in Accredited Crowdfunding," Day Pitney White Paper, Law360, October 2014 Quoted, "A Plan for How to Deal with Staff Pursuing Outside Business Activities," IA Watch, August 4, 2014 Presenter, "Equity Crowdfunding Intermediaries: Opportunities and Challenge," CFIRA Webinar, May 1, 2014 Co-author, "So You Want to Be a Crowdfunding Portal? Top 10 Traps for the Unwary," National Society of Compliance Professionals Currents Newsletter, February 2014 Co-author, "SEC Grants Relief to M&A Brokers from Broker-Dealer Registration," Day Pitney Alert, February 7, 2014 Co-author, "Top 10 Traps For The Unwary Crowd-Funding Portal," Law360, January 22, 2014 Co-author, "So You Want to Be a Crowdfunding Portal? Top 10 Traps for the Unwary," Day Pitney White Paper, January 10, 2014 Co-author, "New General Solicitation Rules Impact On Private Funds," Day Pitney White Paper, December 23, 2013 Author, "Preventing Another Madoff: SEC Adopts New Custody Rules for Broker-Dealers," Day Pitney Advisory, October 29, 2013 Author, "Inside FINRA's Proposed Rules To Illuminate 'Dark Pools'," Law360, October 28, 2013 Speaker, "2013 Red Flag Seminar," Breard & Associates, Inc., October 24, 2013 Author, "'Sexy Startup Seeks Accredited Investor'," Law360, October 23, 2013 Author, "FINRA Proposes Rules to Illuminate "Dark Pools"," Day Pitney Alert, October 14, 2013 Co-author, "SEC Makes Fundamental Changes to Private Capital-Raising Rules," VC Experts, July 31, 2013 Co-author, "SEC Makes Fundamental Changes to Private Capital-Raising Rules," Day Pitney Alert, July 15, 2013 Co-author, "Beyond a Culture of Compliance: Securities Regulators Emphasize Disclosure," Day Pitney Alert, May 29, 2013 Co-author, "The Private Equity Fund Managers' Dilemma: Register as Broker-Dealers or (Potentially) Cease Collecting Fees for 'Investment Banking Activities'?" VC Experts, May 23, 2013 Co-author, "CFTC External Business Conduct Standards - Temporary Relief to Foreign Exchange Transactions," Day Pitney Alert, May 8, 2013
 

Education

New York University School of Law, J.D., cum laude, 2001, Pomeroy Scholar; Florence Allen Scholar; articles editor, New York University Law Review Brown University, B.A., magna cum laude, 1995, Phi Beta Kappa; managing editor, College Hill Independent

 

Admissions

State of New York State of New Jersey U.S. District Court, Southern District of New York