Former SEC Special Counsel Aaron Washington Joins Skadden to Advise on Securities Regulation

What's Happening?

Aaron Washington, previously serving as special counsel in the SEC's Division of Trading and Markets, has joined Skadden as counsel. Washington will advise on securities regulation, focusing on broker-dealer and digital asset regulation, trading platforms, and financial market infrastructure. His experience includes providing interpretive guidance, contributing to rulemaking initiatives, and advising on enforcement matters related to broker-dealers, digital asset trading, and security-based swaps.

Why It's Important?

Washington's move to Skadden highlights the increasing importance of expertise in digital asset regulation and trading platforms within the legal industry. As digital assets continue to evolve, legal firms are seeking professionals with specialized knowledge to navigate complex regulatory landscapes. Washington's experience at the SEC positions him as a valuable asset in advising clients on compliance and strategic initiatives, potentially influencing the firm's approach to emerging financial technologies.

What's Next?

Washington's appointment may lead to expanded services at Skadden, particularly in areas related to digital assets and trading platforms. His insights could help clients adapt to regulatory changes and leverage opportunities in the evolving financial markets. Additionally, Washington's role may involve collaborating with industry stakeholders to shape future regulatory frameworks.

Beyond the Headlines

Washington's expertise in digital asset regulation reflects broader trends in the legal industry, where firms are increasingly focusing on technology-driven financial services. This shift may prompt other legal professionals to develop similar expertise, influencing the industry's approach to digital assets and market infrastructure.