Joe advises exchanges, clearing agencies, trading and advisory firms, and related individuals regarding trading and markets regulation and defends those clients in regulatory inquiries conducted by the Securities and Exchange Commission, DOJ, FINRA and other self-regulatory organizations (SROs).
Joe brings to the firm more than 30 years of business, legal, policy and regulatory experience. He previously served as the chief executive of a groundbreaking exchange-affiliated brokerage firm, a market structure adviser to SEC Chairman Arthur Levitt, and an enforcement defense attorney at a leading global law firm. He began his legal career as a staff attorney in the SEC's Division of Enforcement.
Joe was a founding shareholder at McGonigle, P.C., before the firm combined with Davis Wright Tremaine.
Joe was a member of the executive team at Archipelago Holdings, where he was president of Wave Securities, the company's institutional electronic brokerage subsidiary, from 2001 to 2006. He also held the senior executive position at the company's U.K and Canadian subsidiaries. He was a key participant in the sale of Wave to Merrill Lynch in early 2006, the time of the closing of the historic NYSE/Archipelago merger.
Adviser to SEC chairman
As senior counsel for market regulation to SEC Chairman Arthur Levitt, he advised the chairman on all matters relating to equity and options market structure, with a particular focus on policy and legal issues relating to electronic markets.
Joe has deep experience with matters relating to high-frequency trading. He has represented parties defending class actions, responding to state investigations, and presenting testimony to Congress on the subject.
Government Investigations and Litigation
Trading and Markets Counseling
Admitted to Practice
District of Columbia, 1995
J.D., Georgetown University Law Center, 1990,
M.Sc., Economics, London School of Economics, 1987,
B.A., Government, Georgetown University, 1986,
Founding shareholder, McGonigle, P.C., 2010-2022
Managing director, Global Equities Division, Merrill Lynch, 2006-2007
President, Wave Securities, 2001-2006
Senior counsel for market regulation to Chairman Levitt, Securities and Exchange Commission, 1999-2001
Associate/Special counsel, O'Melveny & Myers, 1995-1099
Adjunct professor, Georgetown University Law Center, 1995-99
Staff attorney, Division of Enforcement, SEC, 1990-1993