George W. Arnett, III
Mr. Arnett is a partner in the Business & Financial Services Litigation group at McCarter & English and has represented corporations and individuals in complex civil, criminal, and regulatory matters, both nationally and internationally, for the past 25 years. He is the former General Counsel of COR Clearing, LLC, a broker-dealer based in Omaha, Nebraska. At COR, he rebuilt the firm’s legal, compliance, internal audit and anti-money laundering teams before leaving to join McCarter.
Prior to joining COR, Mr. Arnett served in various legal and other capacities at BNY Mellon and its affiliates, including as General Counsel of Hedgemark International LLC (a managed hedge fund and risk analytics provider), CEO of Hedgemark Securities LLC (a hedge fund distributor), Chief Legal Officer of Pershing Securities Canada Ltd, and Managing Director and Senior Managing Counsel of Pershing LLC. At Pershing, Mr. Arnett had legal oversight of its trading, prime brokerage, stock loan and global securities services business, including Pershing’s operations in Australia and England. From 2000 until 2008, he managed Pershing’s civil and regulatory defense docket, nationally and internationally.
Also while at Pershing, Mr. Arnett led the investigation and prosecution of England’s largest civil stock manipulation case, involving the stock ramping scheme perpetrated by the brokerage firm S. P. Bell. As Deputy Attorney General of the New Jersey Division of Criminal Justice during the 1990’s, he prosecuted New Jersey’s first criminal stock manipulation case and led the State’s investigation of convicted penny stock broker Robert Brennan for bankruptcy fraud and money laundering. He also successfully tried the New Jersey’s Attorney General’s office first “Three Strikes You’re In” (New Jersey’s law mandating life imprisonment for defendants convicted of three serial crimes) case. One matter in which he acted as counsel was even made into a Law & Order episode.
Mr. Arnett has extensive experience in obtaining insurance coverage for corporations and individuals accused of fraud or are victims of fraud. He holds Series 7 and 24 licenses in the U.S. and is licensed as a securities principal in Canada and Australia. He has served on SIFMA’s Anti-Money Laundering Committee, Prime Brokerage Committee, Clearing Firms Committee, and State Regulation and Legislation Committee, as well as on FINRA’s International Advisory Committee. Mr. Arnett is the author of the book Global Securities Markets: Navigating the World's Exchanges and OTC Markets published by Wiley in 2011. He has been a frequent international speaker for the U.S. Treasury on anti-money laundering and is currently co-chair of the New Jersey State Bar’s Securities Litigation and Enforcement Committee.
Mr. Arnett serves on the Board of Trustees of the Hunterdon Healthcare System and the Hunterdon Regional Community Health Board. He is a former Deputy Mayor of Tewksbury Township, Hunterdon County, New Jersey.
Michael V. Arias, P.A.
Mr. Arias is a securities attorney with his own practice servicing financial services firms such as Broker Dealers, Registered Investment Advisors as well as investors and representatives in the industry.
Mr. Arias started his industry career as an attorney with Prudential Securities for 8 years after which he moved to the Securities and Exchange Commission’s (SEC) Miami Regional Office where he spent 14 years as a Senior Counsel for the commission representing them on enforcement matters. Mr. Arias then moved into the private sector as a Branch Manager for Prudential Securities for 8 years; and then on to Morgan Stanley as their Branch Manager responsible for over 60 brokers generating $17 Million in revenues.
Mr. Arias left the broker dealer world and started defense work for industry members and investors. Mr. Arias joined Hanzman & Criden as an attorney, and then moved on to Carlson & Lewittes before starting his own practice V. Michael Arias, P.A.