Keir D. Gumbs is a partner in Washington, DC. He advises public and private companies, non-profit organizations, institutional investors and other clients in corporate, corporate governance, securities regulation, and transactional matters. Mr. Gumbs' clients include small, medium and large cap companies, non-profit organizations, public pension funds, and other institutional investors. He is widely recognized as a “go-to” expert for a variety of securities law matters, including with respect to the JOBS Act, the Dodd-Frank Act and related rulemakings.
Mr. Gumbs' career includes six years of service with the SEC, where, immediately prior to joining Covington in 2005, he served as Counsel to SEC Commissioner Roel C. Campos. In that position, he advised the Commissioner on a variety of matters arising under federal securities law with an emphasis on corporate finance issues under the Securities Act of 1933, issuer reporting obligations under the Securities Exchange Act of 1934, corporate governance developments and SEC enforcement actions. Prior to serving as Counsel to Commissioner Campos, Mr. Gumbs spent five years as a staff attorney and later a Special Counsel in the Office of Chief Counsel in the SEC’s Division of Corporation Finance.
- Advises several Fortune 200 companies with respect to SEC periodic reports; proxy statements; beneficial ownership reports; committee charters; board and committee meeting calendars; codes of ethics; corporate governance guidelines; disclosure controls and procedures; internal control over financial reporting; CEO/CFO certifications under the Sarbanes-Oxley Act and related matters.
- Represents Prosper Marketplace, Inc., named by the Wall Street Journal as one of the top 50 venture-capital-backed companies, in ongoing securities disclosure and reporting matters, including the registration of an ongoing offering of $500 million in “borrower-dependent notes."
- Advised a Fortune 100 pharmaceuticals company and Fortune 200 energy company in groundbreaking shareholder proposal-related litigation brought by shareholders to compel such companies to include their shareholder proposals in those companies' proxy statements.
- Part of a developing micro-lending and crowdsourcing practice at Covington; clients include Kiva.org, the first and largest non-profit micro-lending platform in the world, as well as the Center for Responsible Travel, which sponsors worldwide “Travelers Philanthropy” and Lumana.org, a micro-lending organization that is focused on micro-lending in Ghana.
- U.S. Securities and Exchange Commission, Counsel to Commissioner Roel C. Campos (2004-2005)
- U.S. Securities and Exchange Commission, Division of Corporation Finance, Office of Chief Counsel, Special Counsel (2001-2004)
- U.S. Securities and Exchange Commission, Division of Corporation Finance, Attorney-Adviser (1999-2001)
Honors and Rankings
- Chambers USA - America's Leading Business Lawyers, Securities: Regulation: Advisory (2012-2013)
- Named a “2011 Rising Star of Corporate Governance” by the Millstein Center for Corporate Governance and Performance at the Yale School of Management
- Selected as one of the "People to Watch" in the National Association of Corporate Directors 2011 and 2012 “Directorship 100,” a list of the most influential people in corporate governance and the boardroom.
Memberships and Affiliations
- Chair, Corporation, Finance, and Securities Law Section, of the DC Bar Association
- Board Member, The Society of Corporate Secretaries and Governance Professionals
- National Investor Relations Institute
Publications and Speeches