Patricia Yak
Attorney at Law
New York
NY, CT
"A wonderful partner in a difficult legal issue!"
About
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.
clients
upcounsel
experience
Client Reviews
"Pat was was a great resource and extremely helping in reviewing several overlapping employment agreements to discuss a non-compete and a non-solicit clause. She looked at all of my contracts within one day of hiring her and guided a discussion on the theoretical and practical implications of my situation and how to best move forward. She even sent me a summary of our discussion after our consultation so I had notes on our conversation. I now feel much better about my legal standing, and plan to work with her again in the future."
"Patricia successfully negotiated and executed credit default swaps transactions that were instrumental in the management of a multi billion dollar securities portfolio. I have worked with many attorneys over my career and was impressed with Patricia’s ability to understand complex products and collaborate effectively with senior business, risk and finance personnel to lead transactions to conclusion. She delivers a high degree of expertise and professionalism and works well under pressure."
"Patty played a critical role in the build of my client base from 20 to over 100 in under two years which has become one of the main revenue drivers for our firm. Patty brought excellent organization and attention to detail that allowed for efficient negotiation of contracts with my clients . Recently she worked on a new financing product that required significant legal due diligence and regulatory expertise, successfuuly working with our inernal team and outside counsel to a successful launch of this product. I strongly recommend Patty. Doug Sokolik"
Work History
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
Cantor Fitzgerald
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
Credit Suisse
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