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Bruce C. Bennett

Partner

New York +1 212 841 1060

  • About
  • Representative Matters
  • Credentials
  • About

    Bruce Bennett represents domestic and global financial institutions and other market participants on global market transactions and regulations. Bruce’s work spans capital markets and futures and derivatives markets, including regulatory matters involving the SEC, FINRA, the CFTC and the prudential banking regulators. He also leads the firm’s efforts in representing issuers and derivatives dealers in convertible notes and other equity-linked product transactions in entering into equity derivatives hedging transactions, as well as in matters relating to the regulation of broker-dealers.

    Bruce co-chairs the firm’s Financial Services Group, is a Vice Chair of the firm’s Public Service Committee and is a member of the firm’s Diversity and Inclusion Committee.

    Areas of Expertise

  • Practices and Industries
  • Representative Matters
    • Represented Cantor Fitzgerald, Deutsche Bank and Mizuho Markets Americas as dealers in respect of a call-spread transaction hedging an issuance of convertible notes by Kadmon Holdings.
    • Represented a range of clients, including Insulet Corporation, Dicks Sporting Goods, IAC/InterActive Corporation and certain IAC affiliates, in separate transactions involving the entry into call spread and other equity derivatives transactions hedging concurrent issuances of convertible notes.
    • Represented Xiaomi Corporation in obtaining a preliminary injunction against enforcement by the Department of the Treasury and the Department of Defense of an Executive Order designating Xiaomi as a Communist Chinese Military Company (focusing on capital markets implications of such designation).
    • Represented Banca Intesa Sanpaolo in US aspects of its hostile acquisition of UBI Banca.
    • Represented Natixis S.A. and its parent BPCE., S.A. in US regulatory aspects of its sale of a significant interest in Coface S.A.

    • Represented Trustmark National Bank in an issuance of subordinated debt and as advisor to management and the board on a wide range of matters.
    • Represented a major financial institution in restructuring its trading and markets operations under the Securities and Exchange Act.
    • Represented Neptune Networks Ltd. in obtaining no-action relief from the SEC Division of Trading and Markets permitting the operation of fixed income electronic data communications systems without registration as a broker-dealer.
    • Represented Beltone Financial in FINRA aspects of its acquisition and subsequent disposal of Auerbach Grayson, an SEC-registered broker-dealer.
    • Represented The Alliance for Lifetime Income in SEC, FINRA and state insurance regulatory aspects of an annuity marketing program.
    • Represented UBS in obtaining an SEC Order permitting sales by clients of securities subject to an order under Section 12(j) of the Securities Exchange Act.

    Areas of Expertise

  • Credentials
    Education
    • University of Southern California Gould School of Law, J.D., 1983
        • Order of the Coif
        • Southern California Law Review, Articles Editor
    • University of California, Los Angeles, B.A., 1979
        • cum laude
    Bar Admissions
    • New York
    • U.S. Court of Appeals for the District of Columbia Circuit
    Accolades
    • BTI Client Service All-Star (2019)
    • The Best Lawyers in America, Derivatives and Futures Law (2011-2019); Securities/Capital Markets Law (2011-2019); Securities Regulation (2012-2019)
    • Legal 500 US, Tax - International (2017); Capital Markets: Equity Offerings (2013-2015); Capital Markets: Debt Offerings (2013-2014) Financial Services: Regulatory (2013, 2016)
    Memberships and Affiliations
    • The Constitutional Sources Project, National Advisory Board Member
    • Member, International Institute for Strategic Studies
    • Past Member of the New York City Bar Banking Law Committee, Securities Regulation Committee, and Financial Reporting Committee
    • Past Chair of the Board of Trustees and Past President, SEC Historical Society
    Previous Experience
    • General Electric Capital Corporation, Associate General Counsel - Treasury (1992-1998)

    Areas of Expertise

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