
Chairman, Securities Investor Protection Corporation
Member of the Law Council
Orlan Johnson is a Partner in the Business Department of Saul Ewing in Washington, DC, where he has in-depth and practical experience in mergers and acquisitions, stock and asset acquisitions and dispositions, corporate financing, joint ventures, proxy contests and tender offers, and general corporate governance matters. In addition, Mr. Johnson is the Chairman of SIPC, having been confirmed to that position in February 2010. Prior to joining Saul Ewing, Mr. Johnson was Of Counsel at Milbank, Tweed, Hadley & McCloy, where he served as co-head of its regulatory practice in the Washington, DC office. Before that, he served for nine years as a Staff Attorney and Branch Chief in the Division of Investment Management for the U.S. Securities and Exchange Commission (SEC). In this capacity, his primary responsibilities included advising the Commission on the regulation of exempt utility companies and utility companies registered under the Public Utility Holding Company Act of 1935. Other responsibilities included compliance inspections of investment advisers and investment companies pursuant to the Investment Advisers Act of 1940 and the Investment Company Act of 1940. Mr. Johnson was an original member of Obama national finance committee and served on campaign policy committees related to transportation insfrastructure, finance/banking and energy issues. (This is me - Update Profile)
G+ is a community for professionals, academics and entrepreneurs to connect through online discussions and in-person meetings. You will continue to see G+ Insights (formerly GLG News) here as well as on the G+ website, where you can share and discuss the G+ Insights you read.
Potential Fines and Penalties for Energy Transfer Partners
November 12, 2007
Is Enron Saga Entering The Final Chapter | news.glgroup.com
A clear understanding of this area of the law has become critical because the risks from noncompliance can subject an entire entity, including upper management, to significant fines ($1 million per day/ per violation), criminal penalties and disgorgement of undue profits. Many energy entities need to update and in some case create substantive compliance programs to the new powers granted FERC in the Energy Policy Act of 2005. FERC has recently begun to assess the first round of fines and penalties on entities that it determines are not demonstrating a "culture of compliance."
| Study Group Name | No. Members |
|---|---|
| Structured Finance Experts | 365 |
| Prime Brokerage Services Experts | 254 |
| Political Experts (Washington DC) | 229 |
| FERC Experts: Legal, Economic, and Regulatory Affairs | 154 |
| Rating Agency Experts | 149 |
Orlan Johnson has not participated in any GLG Live Meetings.
View all GLG Live Meetings in Legal, Economic & Regulatory Affairs