Orlan Johnson

Mr. Orlan Johnson

Chairman, Securities Investor Protection Corporation

What is a GLG Scholar?|GLG Scholar denotes Council Members with a CouncilRank(SM) in the top 20%.

Member of the Law Council

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Council Member Biography

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)


Employment History

2010 - Unspecified
Chairman, Securities Investor Protection Corporation
2007 - Unspecified
Partner, SAUL EWING LLP
1999 - 2007
Of Counsel & Co-Head, Regulatory Practice, MILBANK TWEED HADLEY & MCCLOY, LLP
1990 - 1999
Branch Chief, Division of Investment Management, U.S. SECURITIES AND EXCHANGE COMMISSION

GLG NewsSM Analyses by Orlan Johnson

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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." 

GLG Live Meetings with Orlan Johnson(?)

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