Brynn Rail represents U.S. and international broker-dealers on various regulatory and securities law issues, including registration, FINRA compliance, trading, margin, net capital, and clearance and settlement. In addition, Brynn counsels investment advisers on the structuring and distribution of their private investment products, compliance with Advisers Act requirements, and issues relating to securities ownership filings required under the Exchange Act. She also has significant experience negotiating prime brokerage and custody agreements on behalf of those investment advisers and their clients. Brynn also advises clients in connection with mergers and acquisitions involving broker-dealers and investment advisers, including conducting detailed reviews of the target’s business and operations and preparing regulatory filings made in connection with those transactions.