SHANE B. HANSEN is a partner and co-chairs the Broker-Dealer and Investment Adviser Practice Group in the law firm of Warner Norcross & Judd LLP. His law practice concentrates in the area of financial services regulation, including federal and state securities and banking laws. He advises broker-dealers, investment advisers, banks, and other financial institutions about corporate and regulatory compliance matters, as well as assisting them in working with federal and state securities and banking regulators and the Financial Industry Regulatory Authority (“FINRA” f/k/a NASD). He has substantial experience involving mergers, acquisitions and sales of brokerage firms, investment advisory firms, banks, and other financial institutions.
Shane is a member of the American Bar Association, Business Law Section, and currently chairs its Committee on State Regulation of Securities, comprised of more than 600 state securities lawyers from around the U.S. He co-chairs its Subcommittee on Liaisons to Securities Administrators and edits its annual report on recent developments in state and provincial securities regulation in the U.S. and Canada. He is an active participant in the ABA’s Committee on Federal Regulation of Securities. He is a member of the State Bar of Michigan, including its Financial Institutions Committee and Securities Law Committee. Other professional memberships include the Compliance and Legal Division of the Securities Industry and Financial Markets Association (SIFMA), the Financial Planning Association (FPA), and the National Society of Compliance Professionals (NSCP). Shane graduated with honors from the University of Michigan Law School in 1982. He graduated with high honors from Albion College in 1979.
U.S. Comptroller of the Currency - Security Trust Company, N.A. Enforcement Matter — In September 2003, the New York Attorney General, the Securities and Exchange Commission, the U.S. Comptroller of the Currency, the U.S. Department of Labor, and other federal and state agencies conducted investigations and brought enforcement actions against Security Trust Company, N.A., Phoenix, Arizona, involving allegations of late trading and market timing of various mutual funds effected through this national trust bank. I was responsible for negotiations, settlement, and resolution of this national trust bank working with the Enforcement and Compliance Division of the U.S. Comptroller of the Currency.