Skadden Hires Former SEC Director Fox for Reporting, Compliance

Skadden, Arps, Slate, Meagher & Flom added former Securities and Exchange Commission senior official Raquel Fox to its SEC reporting and compliance practice.

Fox, who will be a partner in the firm’s Washington office, most recently was director of the SEC’s Office of International Affairs. She will advise clients on securities, capital markets, mergers and acquisitions, corporate governance and other SEC-related matters.

“She is a highly skilled and respected lawyer with extensive experience both at the SEC and from her prior time in private practice,” said Brian V. Breheny, leader of Skadden’s SEC reporting and compliance practice, in a statement.

In her SEC job she coordinated commission interaction with international securities regulators and led the office activities in cross-border investigations, enforcement actions and securities examinations.

She was involved in the commission’s views on the disclosure aspects of China-based securities issues, part of the Holding Foreign Companies Accountable Act. She also oversaw the SEC’s strategy for addressing changes in international data privacy rules and the impact of Brexit and the LIBOR transition on U.S. markets.

Prior to heading the commission’s international affairs office, she worked as a senior adviser to former SEC Chairman Jay Clayton, where she was the lead on disclosure reform and capital markets-related rulemakings and a counsel on enforcement matters and disqualification waivers.

She also served as a senior special counsel to two directors in the commission’s Division of Corporation Finance, advising on policy and legal issues, including disclosure reviews, rulemakings, enforcement referrals, disqualification waivers and shareholder proposals.

Prior to joining the SEC in 2011, where she worked initially at the corporate division’s offices of capital market trends and rulemaking, she was at WilmerHale. She was counsel and an associate at the firm, according to her LinkedIn page.

“I am excited to join such an established and recognized team at Skadden,” Fox said in the statement, “and look forward to being a part of the continued expansion of the SEC practice.”