29 Oct TESTIFYING FINANCIAL SERVICES EXPERT WITNESS TESTIMONY PROVIDER FOR LAW FIRMS & LEGAL MATTERS
Financial services expert witness testimony authorities and testifying fintech tackle complex litigation involving banks, investment firms, insurance companies, and other finance institutions. Leaders bring backgrounds in markets, regulations, and industry practices to assignments. As for where financial services expert witnesses provide input, we explain.
- Regulatory Compliance and Risk Management – Pros think about if institutions have implemented appropriate compliance programs and risk management frameworks. The best financial services expert witness partners review adherence to regulations like Basel III, Dodd-Frank, and Anti-Money Laundering requirements. That means examining the adequacy of internal controls, risk assessment methodologies, and compliance monitoring systems. Consulting financial services expert witnesses also evaluate whether institutions properly identified, measured, and managed various types of risk, including credit, market, operational, and liquidity risks.
- Trading Practices and Market Manipulation – KOLs look at trading activities to determine whether they comply with market rules and regulations… and consider complex trading strategies, order execution practices, and potential market manipulation schemes. Prominent financial services expert witness periodically can be found looking at high-frequency trading activities, front-running allegations, insider trading claims, and other potentially abusive market practices. Advisors consider if firms maintained appropriate trading surveillance systems and controls.
- Investment Management and Fiduciary Duty – Thought leaders look at if investment managers and advisors fulfilled their fiduciary responsibilities to clients. That means looking at investment strategies, portfolio management practices, and risk disclosures. Certain financial services expert witnesses consider if investment decisions aligned with client objectives and risk tolerances, whether fees were reasonable and properly disclosed, and whether conflicts of interest were appropriately managed and disclosed.
- Financial Product Design and Marketing – Pros examine the development, pricing, and marketing of financial products – and if products were properly designed, risk factors adequately disclosed, and marketing materials accurate and compliant. Think exploring complex structured products, derivatives, investment funds, and insurance products to determine whether they were suitable for their intended market and whether risks were appropriately communicated.
- Valuation and Financial Analysis – And of course financial services expert witnesses provide opinions on the valuation of financial instruments, businesses, and portfolios. Partners examine methodologies used for pricing complex securities, assessing credit risk, and determining fair value. Imagine analyzing financial models, assumptions, and market data used in valuations, as well as examining whether appropriate methodologies were applied given market conditions and instrument complexity.
Work often means reviewing sophisticated financial products, trading strategies, and regulatory requirements, among various aspects of financing.
