Cathy J. Yoon | Special Counsel, Financial Markets and Funds
As special counsel in the New York office’s Financial Markets and Funds practice, Cathy focuses her practice on assisting clients with navigating the legal, regulatory and operational aspects for their FinTech offerings and products. Establishing relationships and expanding partnerships with FinTech founders and companies, Cathy spearheads opportunities for her clients to build new partnerships and facilitate introductions to additional customers and revenue generation opportunities, collaborates with management teams to develop new products and guides the implementation and development of new initiatives, whether product or strategic. She frequently presents on legal, regulatory and general market issues relating to emerging technology in the financial services space, focusing on blockchain and cryptocurrency.
Gary DeWaal | Special Counsel and Chair, Financial Markets Regulation
Gary DeWaal brings substantial experience from both industry and government to his practice counseling clients on exchange-traded derivatives and cryptoassets. He advises a worldwide client base on transactional and regulatory matters relating to those and other complex financial products. Gary’s clients benefit from his deep well of contacts and practical knowledge from his prior work with the world’s largest exchange-traded derivatives broker and, before that, as a senior trial attorney at the US Commodity Futures Trading Commission (CFTC). Gary understands the urgency that drives the financial industry. His business background also gives him a unique understanding of his clients’ products. This allows him to provide fast and practical responses to clients, often consulting directly with business executives as opposed to legal staff. Before joining Katten, Gary interacted with regulators worldwide as the group general counsel of Fimat (later known as Newedge), the exchange-traded derivatives and securities broker. He also served in both business and legal roles for Brody, White & Co., and, before that, as a senior trial attorney with the CFTC’s Division of Enforcement. On multiple occasions, Gary’s detailed knowledge of his clients’ business has helped him prevail with regulators to close investigations before taking enforcement action. When a financial exchange was investigating one of his clients, a multinational investment bank, Gary went beyond avoiding disciplinary activity; he worked with the exchange to amend a rule predicated on an outdated trading environment to accommodate his client’s current business. In another probe, Gary’s knowledge of algorithmic trading and futures markets in China and the United States helped him persuade a principal US derivatives exchange not to bring any charges against a China-based proprietary trading firm and solely issue a cautionary letter instead. Gary brings a similar level of on-the-ground knowledge to his work advising on the regulation of cryptoassets and blockchain technology. His study of computer science while obtaining his MBA and three early programming languages allows him to quickly grasp many of the technological aspects of this newly developing field. Gary previously taught derivatives regulation as an adjunct professor at Brooklyn Law School. He currently serves on the faculty of the State University of New York Buffalo Law School’s New York City Program on Finance & Law. He regularly speaks internationally at financial services and cryptoasset-themed conferences and is the author of Bridging the Week, the multi-award winning and internationally followed blog covering the financial services industry.