Bruce Sanders has considerable experience in financial law and investor protection law. After earning his law degree from the University of Michigan School of Law, he began his legal career with the Securities and Exchange Commission - Enforcement Division where he handled numerous financial and investor protection cases involving financial professionals, including stock brokers, investment advisors, and investment bankers, publicly traded corporations, and private placements, and investment companies.
He later served as Regional Counsel for the predecessor to the Financial Industry Regulatory Authority (“FINRA”), continuing the important work of protecting investors and enforcing investor protection laws against financial professionals, investment bankers, broker-dealers, and other companies. Mr. Sanders also served as Trial Attorney in the Department of Justice- Bank and Securities Fraud Section in Washington, DC, and was responsible for prosecuting some of the DOJ’s most important financial fraud cases. He was selected to serve on the DOJ’s Bank of Credit and Commerce International (BCCI) Task Force, as well as the DOJ’s Dallas Financial Fraud Task Force.
Since entering private practice, Mr. Sanders has served as counsel to many investors, corporations, broker-dealers, investment bankers and others. He has represented investors involved in transactions and disputes with some of Wall Street’s largest financial services firms. He has also represented professional athletes in the NBA and NFL involved in financial transactions, and served as lead counsel to the Wall Street investment banking syndicate that financed the construction of the Verizon Center in Washington, DC (no called the Capitol One Arena), home of the NBA’s Wizards and NHL’s Capitols.
Mr. Sanders has represented many investors in FINRA sponsored securities arbitration matters which have resulted in substantial monetary recoveries of investor money from financial professionals and firms. He has also served as Chairman on FINRA sponsored arbitration panels rendering final decisions in disputes between investors and FINRA member broker-dealers.
Mr. Sanders also served as Chairman of numerous FINRA sponsored securities arbitration cases, where he heard and decided many securities arbitration cases involving customers and their securities broker-dealers, including many Wall Street financial firms and regional broker-dealers.
Mr. Sanders was delighted when Howard University School of Law in 2009 requested that he return to the law school, where he previously taught Securities Law, to develop and run a new Investor Justice & Education Clinical Law Program (the “IJEC”), which was initially funded by a generous grant from the FINRA Investor Education Foundation.
Mr. Sanders developed the curriculum for the IJEC, and has taught and trained numerous Student Attorneys who represent investors under his supervision. The IJEC provides free legal services to underserved investors involved in disputes with their financial professionals in FINRA arbitration proceedings, and has obtained substantial monetary recoveries for investors harmed by the misconduct of their securities brokers and investment advisers.
The IJEC also develops and conducts investor education programs for the investing community, including schools, colleges, universities, churches, senior citizen groups, scout troops, fraternities, sororities, and other organizations. These programs are designed to help investors protect themselves from investment scams, financial fraud, and other misconduct of financial professionals.
In 2017, HUSL requested that Mr. Sanders enhance the law school’s SEC Externship program, which he revitalized and has helped place over 200 HUSL students in internships at the SEC. In addition, Mr. Sanders teaches a class which helps the interns learn the fundamentals of the federal securities laws, and the practical aspects of working at the SEC.
As a result of his considerable financial and investor protection experience, Mr. Sanders has been retained to provide expert legal and regulatory counsel on many financial market development projects in Asia, Africa, Eastern Europe, and the Caribbean. He has developed and conducted financial law education and training programs for investors, financial professionals, regulatory organizations and government agencies over fifty countries, including the Republics of Ethiopia, Philippines, Lithuania, Moldova, India, Malaysia, Romania, as well as the Eastern Caribbean Securities Market based in St. Kitts & Nevis, West Indies.
In addition to his Juris Doctor degree from the University of Michigan, Mr. Sanders also holds a B.S degree in Economics, with High Honors.