Attorney at Law
"Efficient and knowledgeable"
Patricia has expertise in MFSTAs, MRAs, ISDAs and MSLAs and was lead counsel in to JVs that developed related FinTech. She regularly advises as to SEC, Dodd-Frank, CFTC and FINRA regulations.
Patricia obtained a B.S. from The College of Staten Island (CUNY) and J.D., cum laude, from Pace University School of Law School. She is… read more admitted to practice in New York and Connecticut.
"Efficient and knowledgeable"
"She fixed a draft that was incomplete to make sure it protects me. Would recommend."
"I had to find a new lawyer when I left my old company but my last UpCounsel gem was "conflicted out" from representing me. I found Patricia and she was just what I was looking for. She's has decades of transactional experience and was able to zero in on all the key issues, make sure I was protected in a sensitive negotiation, but not get in the way of the business. I plan on using her services again soon."
"She was thorough and made me feel at ease."
"Had a great experience working with her."
"Patricia Yak reviewed and discussed an employment contract and the employer's revisions to her changes. She was prompt, easy to talk to, listened well, replied to questions knowledgeably and in a way that addressed the questions, and was personable, efficient, and professional. I am not easy to please but I will keep her on my list to use and recommend in the future."
New York Liquidation Bureau
Acting Chief Compliance Officer
May 2017 - Nov 2017
Interim ethics and internal controls officer:Coordinated compliance with the Joint Committee on Public Ethics including conflicts, gifts and ethics regulations; Created cyber security policies, procedures and training materials in accordance with NYS regulations;Created enterprise risk management task force to perform risk assessments and mitigation;drafted compliance manual; trained staff
Associate General Counsel
Jul 2015 - Nov 2016
Led successful negotiations with PB clients resulting in 30% increase in business in a four-month period; Responsible for all transactions re: coverage area: ISDAs, MSLAs, MRAs. MSFTAs, NDAs, Custody and Clearing;Secured critical relationships w/ securities lending platform in relation to successful launch of business;Resolved real-time broker-dealer regulatory issues
Amherst Pierpont Securities
Deputy General Counsel
Jan 2013 - Jun 2015
Responsible for all day-to-day legal matters of Connecticut headquarters for privately held broker dealer start-up.
Provided strategic legal advice tin evaluation of equity capital and strategic business initiatives (ex: e-commerce investments, joint venture; structured products).
MRAs, MSAs, MSFTAs, software licensing, leases, vendor contracts, joint ventures, employment agreements
Director and Counsel
Mar 2002 - Dec 2009
Provided legal and regulatory, bankruptcy advice re: fixed income products including derivatives, securities lending, repurchase transactions, prime brokerage, fx, futures, structured products and cash sales.
managed negotiation of ISDAs, MRAs, MSLAs and MSFTAs
Advised sales and trading on a real-time basis as to regualtions:margin rules, custody, clearing and settlement issues, buy-ins