Allison Baker Shealy

Allison Baker Shealy: Attorney with Shulman, Rogers, Gandal, Pordy & Ecker, P.A.

Biography

Helping clients navigate complex financial transactions, Allison Baker Shealy draws on her extensive experience on both sides of the enforcement aisle to guide them through the complicated national and international regulatory environment. Whether it is futures, Forex, swaps, securities, cryptocurrencies or complex lending and/or organizational arrangements, she is able to quickly get to the heart of the matter and work with clients for the best possible resolution. Regardless of the size or complexity of a matter, clients receive the same thorough and effective representation.

As a Senior Trial Attorney in the U.S. Commodity Futures Trading Commission’s Division of Enforcement, Allison investigated and litigated matters involving manipulation, spoofing, wash trading, solicitation fraud, misappropriation of customer funds, commodity pool fraud, Ponzi schemes, and unauthorized trading. She also worked with futures commission merchants (“FCMs”) and retail foreign exchange dealers (“RFEDs”) to bring them into compliance with the CFTC’s requirements regarding regulatory capital and segregation of customer funds and to engage in undertakings to reduce the likelihood of such violations in the future. While at the CFTC, Allison worked on such precedent setting matters as the first case charging a manipulative device and the first case bringing charges pursuant to the business conduct standards for swap dealers under the Dodd-Frank Act, as well as one of the first cases to charge an RFED with a failure to supervise its employees and agents.

In difficult situations, clients appreciate that Allison has experience with all aspects of representation and is able to provide legal and strategic guidance on matters involving general regulatory compliance, criminal investigations, private civil lawsuits, government enforcement actions, Congressional investigations, as well as having conducted numerous internal investigations. As a government attorney, she worked successfully on cooperative enforcement matters with the Securities and Exchange Commission, the Department of Justice, the FBI, the Office of the Comptroller of the Currency, Secret Service, the United Kingdom’s Financial Conduct Authority, Public Company Accounting Oversight Board, National Futures Association, and various state corporation commissions.

Results

•Advise company creating unique cryptocurrencies regarding CFTC compliance.
•Advise individual regarding legal implications of sale of cryptocurrencies on peer-to-peer platform.
•Investigated trading in swap indices by “London Whale” and negotiated $100 million settlement.
•Obtained judgment as a result of discovery violations against trader who obtained unauthorized access to Luxemburg based investment firm and engaged in wash trading.
•Obtained favorable judgments in $35 million ponzi scheme disguised as an “investment club”.
•Obtained partial acquittal of investment advisor on charges of investor fraud and wire fraud in lengthy jury trial in connection with allegations of a conspiracy to defraud TARP.
•Secured a deferred prosecution agreement for one of the nation’s most prominent plaintiffs’ securities class action law firms in connection with seven years-long grand jury investigation related to approximately $11.3 million in alleged kickbacks to lead plaintiffs.
•Achieved global resolution of criminal charges and private lawsuits against the former CEO of United Way for the National Capital Region accused of embezzling approximately $500,000.
•Negotiated favorable plea agreement, SEC settlement, and conclusion of Congressional inquiry into key defendant in Enron investigation.
•Persuaded SEC to close investigation of trader accused of using power market swaps to manipulate corporate earnings without any negative action against trader.
•Supervised internal investigation of major university and concluded that whistleblower’s allegations of fraud and discrimination had no basis, while making recommendations for stronger internal controls.
•Represented defendant in Enron investigation and supervised co-operation with government authorities to obtain substantial reduction of criminal sentence.

Publications

•Should Your Business Jump on the Blockchain Bandwagon? , August 2018
•Get Your Popcorn! The CFTC’s Fight With My Big Coin Pay Is About To Go Down , June 2018
•Setting Up an ICO? Don’t Leave Yourself Open for Regulation Woes , April 2018
•International Law Views , October 2017

News & Events

News Events

Allison Baker Shealy to present Blockchain CLE

January 18, 2019

White Collar Defense and Regulatory Enforcement attorney Allison Baker Shealy will deliver a Continuing Legal Education program, “FinTech, Blockchain, and [...]

News Events

The Power Conference: Should Your Business Jump on the Blockchain or Cryptocurrency Bandwagon?

August 9, 2018

On Aug. 9, Allison Baker Shealy led a session on blockchain for businesses during The Power Conference. Her presentation, “Should Your Business Jump [...]

News Events

Allison Baker Shealy to speak at Blockchain World Conference

July 12, 2018

On July 12, 2018, Shulman Rogers’ Allison Baker Shealy will serve as a member on two panels during the Blockchain World Conference [...]

News Events

Allison Baker Shealy to moderate ABA panel on cryptocurrency tax issues

May 12, 2018

Allison Baker Shealy will serve as moderator for a panel during the 2018 ABA Section of Taxation May Meeting on Saturday, [...]

News

Allison Baker Shealy quoted in Bloomberg BNA on CFTC position on Token Sales

October 17, 2017

Allison Baker Shealy, member of the White Collar, Securities Enforcement, and Government Investigations practice group at Shulman Rogers, was quoted in the October 17, [...]

News

Allison Baker Shealy talks with Bloomberg BNA on CFTC’s advisory on leniency for individuals

January 30, 2017

Allison Baker Shealy, member of the White Collar, Securities Enforcement, and Government Investigations practice group at Shulman Rogers, was quoted in the [...]

News

Allison Baker Shealy discusses Commodity Futures Trading Commission in Bloomberg BNA

December 8, 2016

Allison Baker Shealy, member of the White Collar, Securities Enforcement, and Government Investigations practice group at Shulman Rogers, was quoted in the [...]

News

Allison Baker Shealy quoted in Bloomberg BNA: Electronic Trading Leading to Data Deluge for CFTC Enforcement

November 10, 2016

Read the full article “Electronic Trading Leading To Data Deluge for CFTC Enforcement” from Bloomberg BNA.

Also at McLean, VA office

Areas of Practice (9)

  • White Collar, Securities Enforcement, and Government Investigations
  • Financial Regulatory and Compliance Practice
  • Securities
  • Business and Financial Services
  • Blockchain Technology and Smart Contracts
  • Criminal Defense
  • Token Sales
  • Cryptocurrency
  • Government Investigations

Education & Credentials

Contact Information:
University Attended:
Transylvania University, B.A., Political Science, cum laude, 1998
Law School Attended:
Georgetown University Law Center, J.D., magna cum laude, Order of the Coif, 2001
Year of First Admission:
2001
Admission:
Virginia; District of Columbia; Maryland; U.S. Court of Appeals, District of Columbia Circuit; U.S. District Court for the District of Columbia; U.S. Court of Appeals, 4th Circuit; U.S. District Court for the Eastern District of Virginia; U.S. District Court for the District of Maryland
Memberships:

Professional & Community Affiliations

•National Association of Criminal Defense Lawyers, Member
•Women’s White Collar Defense Association, Member
•Women’s Bar Association, Member
•CFTC Graduates Society, Member

Birth Information:
Henderson, Kentucky, December 6, 1975
Reported Cases:
REPRESENTATIVE MATTERS: Advise company creating unique cryptocurrencies regarding CFTC compliance.; Advise individual regarding legal implications of sale of cryptocurrencies on peer-to-peer platform.; Investigated trading in swap indices by London Whale and negotiated $100 million settlement.; Obtained judgment as a result of discovery violations against trader who obtained unauthorized access to Luxemburg based investment firm and engaged in wash trading.; Obtained favorable judgments in $35 million ponzi scheme disguised as an investment club .; Obtained partial acquittal of investment advisor on charges of investor fraud and wire fraud in lengthy jury trial in connection with allegations of a conspiracy to defraud TARP.; Secured a deferred prosecution agreement for one of the nation's most prominent plaintiffs' securities class action law firms in connection with seven years-long grand jury investigation related to approximately $11.3 million in alleged kickbacks to lead plaintiffs.; Achieved global resolution of criminal charges and private lawsuits against the former CEO of United Way for the National Capital Region accused of embezzling approximately $500,000.; Negotiated favorable plea agreement, SEC settlement, and conclusion of Congressional inquiry into key defendant in Enron investigation.; Persuaded SEC to close investigation of trader accused of using power market swaps to manipulate corporate earnings without any negative action against trader.; Supervised internal investigation of major university and concluded that whistleblower's allegations of fraud and discrimination had no basis, while making recommendations for stronger internal controls.; Represented defendant in Enron investigation and supervised co-operation with government authorities to obtain substantial reduction of criminal sentence.
ISLN:
917445987

Peer Reviews

This lawyer does not have peer reviews.

*Peer Reviews provided before April 15, 2008 are not displayed.

Documents (1)

Documents by this lawyer on Martindale.com

Washington, District of Columbia

Contact Allison Baker Shealy

Required Fields

Required Fields


By clicking on the "Submit" button, you agree to the Terms of Use, Supplemental Terms and Privacy Policy. You also consent to be contacted at the phone number you provided, including by autodials, text messages and/or pre-recorded calls, from Martindale and its affiliates and from or on behalf of attorneys you request or contact through this site. Consent is not a condition of purchase.

You should not send any sensitive or confidential information through this site. Emails sent through this site do not create an attorney-client relationship and may not be treated as privileged or confidential. The lawyer or law firm you are contacting is not required to, and may choose not to, accept you as a client. The Internet is not necessarily secure and emails sent though this site could be intercepted or read by third parties.