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Cady Bar the Door Insight & Commentary on SEC Enforcement Actions and Related Issues

About

About Cady Bar the Door

The blog’s title is a pun. It is a combination of an old saying, “Katie bar the door,” which essentially means, “Better take care, trouble is coming,” and the SEC’s 1961 administrative opinion in In re Cady, Roberts & Co., which built the foundation for modern insider trading law. This blog hopes to explore insider trading and many other topics relevant to federal securities law enforcement. And if the SEC is investigating, trouble is certainly coming.

About David Smyth

As an SEC staff member for six years, ultimately as an Assistant Director in the SEC’s Enforcement Division, I led the investigation and litigation of a wide variety of federal securities law violations. These matters included insider trading, market manipulations, securities registration violations, audit misconduct, accounting fraud, anti-money laundering violations, Foreign Corrupt Practices Act violations, and others. At the Commission, I tried to bring a thorough, but considered approach to enforcement of these laws. Now as a securities lawyer in private practice in North Carolina, I try to bring that same approach in counseling clients on legal compliance, and defending those entangled in investigations by the SEC and other enforcement agencies. With Cady Bar the Door, I plan to explore the significance and meanings of SEC enforcement actions, as well as related white collar criminal matters.

Practice Areas

  • Securities Enforcement
  • White-Collar Criminal Defense

Professional Associations

  • American Bar Association
  • North Carolina Bar Association

Education

  • University of North Carolina School of Law (J.D. 2000)
  • Davidson College (A.B., English, 1992)

Bar Admissions

  • District of Columbia
  • North Carolina