Legal Advisor II (Attorney) - Registration & Licensing

Illinois Secretary of State • Chicago, IL

10d

About The Position

Analyzes and resolves legal issues that arise with registration of entities as broker-dealers or investment advisers, and with registration of individuals as salespersons or investment adviser representatives; provides legal advice and assistance on regulatory issues involving the registration of securities and exemptions from registration; participates in drafting modifications to laws, administrative rules, and regulations deemed necessary to implement the Illinois Securities Law; assists other sections within the Department on issues involving registered entities, issuers, offerings, and exemptions .

Requirements

• Requires extensive knowledge of the common law and of the State and Federal laws relating to administrative and regulatory functions.
• Requires extensive knowledge of judicial and quasi-judicial procedure and of the rules of evidence, hearings, and trial procedures.
• Requires working knowledge of management practices and procedures.
• Requires ability to maintain satisfactory working relationships with superiors, other attorneys, employees and the public.
• Requires ability to present material in clear and logical form for oral or written presentation, as briefs, orders, reports or decisions.
• Requires ability to exercise sound judgement in appraising and evaluating problems of a procedural nature.
• Requires willingness to travel and possession of a valid Illinois driver’s license .
• Requires possession of a license to practice law in Illinois AND one (1) year of professional experience in the practice of law.

Responsibilities

• Provides legal advice and assistance on regulatory issues involving the registration of Investment Advisers, Investment Adviser Representatives, Securities Broker-Dealers, and Salespersons.
• Handles regulatory issues involving the registration of securities, mutual funds, small company offerings, crowdfunding, private placements, exemptions from registration, and other filings made with the Department related to securities offerings.
• Works with other states in review of interstate securities filings.
• Responds to questions and inquiries from the public, attorneys, and other regulators concerning statutory interpretations and compliance.
• Participates in the drafting of modifications to laws, administrative rules, and regulations deemed necessary to implement statutory provisions; researches and drafts routine memoranda of law and legal issues related to the laws administered by the Department.
• Assists in issuing interpretive and no-action letters on issues involving securities registration and exemptions.
• Assists other sections in the Department on issues involving registered entities, issuers, offerings, and exemptions.
• Advises the Department on legal issues involving Business Brokers, Loan Brokers, and Business Opportunities.
• Performs other duties as required or assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree