Chief Legal Architect and a co-founder of Caffrey.AI
Steven Lofchie is the Chief Legal Architect and a co-founder of Caffrey.AI, an AI platform built for law firms, banks, and the financial regulatory industry. He is also a partner at Norton Rose Fulbright, where he advises financial institutions on securities laws, the Commodity Exchange Act, and broker-dealer regulation. Ranked by Chambers USA every year since 2007, he is the author of “Lofchie’s Guide to Broker-Dealer Regulation,” long considered the leading treatise on the subject.
Recent Articles & Comments
There is no more thoughtful person in the United States to be in charge of this effort than Commissioner Peirce. After many years of being limited to writing carefully reasoned (and witty) dissents on ill-considered rules adopted by 3-2 votes under Chair Gensler, it is fitting that Ms. Peirce becomes the leader of the most significant change to financial regulation since the adoption of Dodd-Frank. Under Commissioner Peirce's leadership, a new crypto regulatory framework is certain to be…
In the long run, the creation of a sovereign wealth fund could become a source of corruption and an instrument for government favoritism of businesses in which it has invested. The Trump Administration and DOGE are attempting to put on display—and root out—past instances of government failure. While the creation of a sovereign wealth fund might be successful in the short term, it's fair to consider the longer-term track record of the US Government in discretionary expenditures.
Deregulation, good. Ratios, not a meaningful metric.
Kudos to the gentility of whoever chose the word "prolific."