Firm Announces Financial Industry Task Force

September 25, 2008

Firm Establishes Task Force to Assist Financial Industry

WASHINGTON and NEW YORK (September 25, 2008) -- Bracewell & Giuliani LLP today announced that it has formed a multi-disciplinary Task Force to guide financial institutions, private investment funds, institutional investors and other market participants through the legislative, regulatory and enforcement challenges posed by the Troubled Asset Relief Act and other impending actions by Congress, the Treasury Department, the Federal Reserve and the SEC.

The Task Force will focus in particular on legislation, regulatory actions, enforcement matters and strategic communications to assist market participants in their efforts to navigate one of the most significant governmental actions in the history of the U.S. economy. 

Commenting on the formation of the Bracewell Task Force, senior partner Rudy Giuliani said, "Our team of former government officials and experienced attorneys in the fields of legislation, enforcement and finance are equipped to guide institutions in this quickly evolving and complex environment."  Mr. Giuliani noted that the Bracewell Task Force includes a former Comptroller of the Currency, a former Assistant Secretary of Legislative Affairs of the U.S. Department of the Treasury, former members of Congress from both political parties, former federal prosecutors, and former SEC enforcement attorneys. 

In addition, the Bracewell Task Force will draw heavily upon its resources in the areas of broker-dealer and market regulation, financial restructuring, and corporate and securities.
 
As part of its services, the Task Force is establishing a blog to relay critical real-time information on the development of policy related to the legislation, regulation and enforcement priorities, and will also be providing periodic updates directly to interested clients.