Dechert announced the addition of Robert Shapiro as a partner in its financial services practice group, complementing the firm’s deep U.S. regulatory practice. Shapiro will be based in Dechert’s Washington, D.C. office.

“As we continue to expand our specialized, best-in-class financial services offerings, Robert’s extensive regulatory expertise is a tremendous asset to the firm. His broad background and deep skillset will enable us to provide even more comprehensive legal services to our clients,” said Mark Thierfelder, co-chair of Dechert.

“Robert's proficiency in investment adviser regulatory matters, private funds, and investment company matters, particularly in the crypto space, will greatly strengthen our robust representation of alternative asset managers,” said Chris Harvey, co-chair of Dechert's financial services practice group. “His arrival underscores our commitment to delivering exceptional service to our clients in a rapidly evolving financial landscape.”

Shapiro joins Dechert from the U.S. Securities and Exchange Commission (SEC), where he served as Assistant Chief Counsel in the Division of Investment Management. In that role, Mr. Shapiro oversaw the provision of guidance relating to the Investment Advisers Act and the Investment Company Act. His expertise encompasses a wide range of regulatory issues, including digital assets, robo-advisers, anti-money laundering, and various advisory and compliance matters. Prior to his role at the SEC, Shapiro worked both in private practice and in house at a large asset manager, where he provided legal support across various aspects of investment management. Shapiro’s client base will include large asset managers and institutional sponsors.

“I have worked across the table from Dechert attorneys for years, and have always been impressed by their extensive expertise and ability to work on cutting edge and novel issues,” said Shapiro. “I am excited to collaborate with the talented team here and contribute to the growth of our U.S. regulatory practice.”