NEW YORK, N.Y.—Sidley Austin LLP is pleased to announce that Lara Thyagarajan has joined the firm as a partner in the Securities Enforcement and Regulatory practice group in New York. Ms. Thyagarajan is a former member of the Financial Industry Regulatory Authority (FINRA) Enforcement’s senior leadership team and most recently served as FINRA Enforcement’s Senior Vice President, Head of Market Regulation Enforcement and Litigation. Ms. Thyagarajan joins Sidley after 15 years at FINRA, providing her with first-hand insight into the current priorities, policies, and practices of financial services regulators including FINRA, the Securities and Exchange Commission (SEC), the exchanges, and state securities regulators.
In her most recent role, Ms. Thyagarajan oversaw the work of more than 70 attorneys and managers in FINRA Enforcement’s Market Regulation Enforcement program and in its trial unit. In her role as Head of Market Regulation Enforcement, Lara led complex and high-profile cases involving exchange rule violations, best execution, payment for order flow arrangements, short-selling, market access, cybersecurity, systemic supervisory failures, market manipulation, and the supervision of online trading and Fintech broker-dealers. Ms. Thyagarajan was previously counsel to a former Head of Enforcement and FINRA’s current Head of Enforcement. In that role, Ms. Thyagarajan oversaw the litigation program and ran FINRA Enforcement’s policy group which provided input into the Department of Enforcement’s highest profile and novel cases. She also worked closely with other U.S. and international regulators.