Investigation / Arbitration / Litigation / Regulatory / AML / Compliance
We assist financial services firms and their counsel throughout the lifecycle of their legal matters
The Bates team of consulting and testifying experts and experienced big data and analytical professionals: (1) support arbitration, litigation, financial crimes and enforcement matters, (2) help with the complexities of internal investigations, (3) assist in responding to and resolving regulatory investigations and examinations and (4) prepare and assist in the implementation, review and enhancement of compliance, AML and supervision programs, policies and procedures. Our dedication to meet our clients’ needs is our greatest priority and pride.
EARLY CASE ASSESSMENT, DATA ANALYTICS AND DAMAGES CONSULTING
WHAT IS MY EXPOSURE? HELPING CLIENTS MAKE SENSE OF THE DOLLARS AT STAKE
When an arbitration, litigation or enforcement matter is commenced against our clients, they call upon our industry-leading data analytics support team, which, following the collection and analysis of large amounts of data, is able to accurately estimate the potential damages at stake. Using Bates Group’s proprietary software, our skilled professionals prepare high-quality data analytics reports, hypotheticals and what-if scenarios to support or rebut allegations before, during, and after hearings and while settling or mediating matters.
LITIGATION & ARBITRATION: OUR EXPERIENCED INDUSTRY EXPERTS AND CONSULTANTS
Our large and highly-skilled nationwide team of industry experts and consultants bring their extensive, deep and very experienced backgrounds in retail and institutional financial services, insurance, financial cimes and compliance to the task of analyzing the facts and data in each matter, recommending a course of action, and, if necessary, testifying at depositions and hearings.
REGULATORY AND INTERNAL INVESTIGATIONS
REVEALING THE FINANCIAL TRUTH IN A MATTER
Bates Group’s professionals and experts, with decades of practical senior regulatory, legal, compliance and business experience, are leveraged by our clients to conduct or participate in sensitive and complex regulatory and internal investigations in the U.S. and throughout the world. Our regulatory practice team works closely with regional and multi-national financial services corporations, law firms, and federal and state regulators, which may also involve responding to the employee conduct that may be at issue in the arbitration, litigation or regulatory inquiry.
Whether it's a large-scale insider trading investigation or a focused examination into specific transactions and/or events, we use experienced programmers and forensic experts with financial industry, fraud examination and accounting backgrounds to form an effective team. Bates Group plays an integral role in helping counsel understand the nature of the data set being examined and presents its results in a format that counsel can easily interpret and explain.
Our experts have served as investigators on behalf of clients, running internal U.S. and international fact‐finding missions, so management and counsel are in command of the facts in order to make the best-informed decisions. Moreover, Bates Group is highly experienced in handling investigations involving large and complex data sets. Our role in both internal and regulatory investigations is that of a partner to our clients and their counsel, bringing our technical, industry and managerial expertise to address the issues.
BATES COMPLIANCE Group
REVIEWS, TESTING, BEST PRACTICES AND MONITORING
At the end of each arbitration, litigation, investigation or regulatory matter, clients call upon Bates Compliance Group. Our experienced compliance professionals provide comprehensive offerings of compliance programs, reviews and continuing guidance to our broker-dealer and registered investment advisory financial services clients. These seasoned professionals closely review and test policies and procedures, supervision, and the related practices involved in the matter, recommending changes and best practices to supplement and enhance clients' compliance and supervisory systems, and remediate the results of regulatory action. We also assist our clients forming new BDs and RIAs with the preparation and implementation of their compliance and supervisory programs. In the face of increased regulatory pressures and budget constraints, financial service providers are increasingly looking to independent experts and consultants to help meet their growing compliance obligations and establish best practices. Bates Compliance Group helps financial service providers meet those obligations.
AML and Financial Crimes
VALUABLE COMBINATION OF INDUSTRY AND TECHNICAL EXPERTISE
Bates Anti-Money Laundering and Financial Crimes offers a valuable combination of both industry and technical expertise, providing the highest possible value to our financial industry clients. Bates helps clients meet their AML/FC obligations through experience, resources and ongoing guidance. Our services are tailored to the specific needs and requirements that our clients and regulators are seeking in the following areas across your AML and Financial Crimes program: BSA/AML/OFAC Risk Assessments, Gap Assessments & Audits, AML Program Redesign and Implementation, Development of Program Governance, Policies and Procedures, Backlogs and Lookbacks Staffing Support, AML Transaction Monitoring System Tuning and Validation, Business Email Fraud, Cryptocurrencies, guidance regarding Marijuana and Cannabis, Investigations into AML, Insider Trading, Market Manipulation, and Fraud, Litigation Support and Expert Witness Testimony, Big Data Analytics: Data Mining, Analysis and Testing, Forensic Accounting, Asset Misappropriation, including Wage and Hour Theft, Fraud Detection and Prevention and Financial Statement Misrepresentation.
TRAINING, CLE EDUCATION, RESEARCH AND INTELLIGENCE
CURRENT AND RELEVANT INFORMATION IS CRUCIAL
The Bates Group provides training and educational programs to clients on relevant and timely topics impacting securities litigation, regulatory and compliance matters. As an accredited CLE provider in multiple jurisdictions, the Bates Group hosts webinars and live CLE programs featuring the nation’s leading experts for counsel and their staff. Our programs cover key practice developments and provide fresh perspectives, highlighted by free-flow exchanges with, and insights from, our experts. Our training on Bates’ analytics products teaches clients how to read, analyze and interpret financial schedules to build powerful cases. Customized programs are also available.
BATES RESEARCH: WHITE PAPERS, WEEKLY BLOGS AND BRIEFINGS
Bates Research helps our clients become better educated and prepared to understand the financial industry. Bates creates original content in the following areas: white papers, blogs, alerts and articles. Our white papers and articles provide overviews of the different aspects of financial markets, and are designed to help readers understand complex topics without undertaking a comprehensive review of the subject. Our weekly blog is devoted to helping readers stay abreast of current issues in markets, including regulatory and compliance activity, litigation trends and AML and financial crimes updates. Bates also publishes timely regulatory and compliance alerts, as well as industry alerts for financial crimes and litigation.
Our team can also prepare presentations and briefings covering any aspect of the industry and have worked with clients to prepare presentations before regulators and other audiences. We have presented materials before major financial institutions, bar associations and industry groups, including: SIFMA-CL Regional Conferences, SIFMA Breakfast Briefings, SIFMA Roundtables, New York State Bar Association, New York County Lawyers’ Association, Greensfelder/BAMSL Securities Industry Symposium, National Association of Compliance Professionals (NSCP), Investment Advisor Association Roundtable, Practising Law Institute (PLI), Independent Broker Dealer Consortium (IBDC), and private law firm events.
OUR PROMISE TO YOU
Bates Group has been a trusted partner to our financial services clients and their counsel for over 30 years, delivering superior quality and results at a competitive cost. Throughout the lifecycle of your matter, our end-to-end services will provide you with powerful and innovative analytics solutions that will give you clear insight into your case issues, help you mitigate litigation risk with our financial services experts, and manage risk with our regulatory services and compliance and financial crimes solutions.