Peggy Blake advises U.S. and international financial entities on the application of U.S. securities laws to their activities, with emphasis on the areas of trading and markets.
Peggy advises market participants, including registered broker-dealers and non-U.S. financial service providers, on compliance issues and applicable rules under the Securities Exchange Act of 1934, as well as rules of the Financial Industry Regulatory Authority (FINRA), the New York Stock Exchange (NYSE), the Municipal Securities Rulemaking Board (MSRB), and other self-regulatory organizations. She assists clients with all aspects of broker-dealer registration and continuing membership processes, materiality consultations, no-action requests, and general regulatory and compliance issues. Peggy responds to regulatory and enforcement inquiries, conducts internal audits, and drafts written supervisory procedures. She advises on structuring broker-dealer mergers, acquisitions, joint ventures, and withdrawals from brokerage businesses and has represented clients before the National Adjudicatory Council to overcome statutory disqualification status.
Prior to joining Jones Day, Peggy spent four years as associate general counsel with the MSRB, where she was responsible for rulemaking, regulatory policy, and legal projects related to market price transparency, trade reporting, and uniform practice rules related to the municipal securities market. Peggy started her career at the U.S. Securities and Exchange Commission in the Division of Market Regulation (now, Trading and Markets). She also previously worked in the Washington offices of several international law firms, where she advised on various aspects of U.S. securities laws.
What's in a Name? SEC Seeks Comment on Rules Regarding Investment Company Names, Continues Focus on ESG
Broker-Dealers Participating in Primary Offerings of Municipal Securities: Prepare for Implementation of New Rules
- The Catholic University of America (J.D. 1992); Virginia Polytechnic Institute and State University (B.A. 1988); L'Université de Lille, France (Study abroad, 1985-1986)
- District of Columbia
- Served with the U.S. Securities and Exchange Commission (SEC) in the following positions: Senior Special Counsel (January-September 2015), Special Counsel (1996-1997), and Attorney Adviser (1994-1996)
- Law Clerk to Judge Lee F. Satterfield, Superior Court of the District of Columbia (1993-1994)