For the past twenty years, James Conversano has provided expert regulatory, financial, and investment management, compliance, and forensic investigation services to attorneys and clients in a number of major civil and criminal litigation matters. These matters have involved securities litigation, alleged breach of fiduciary duties, regulatory inspections and examinations, insider trading investigations, complex financial fraud investigations, compliance and risk assessments, antitrust matters, bankruptcy proceedings, restructurings, damages calculations, cash-flow analysis, ability-to-pay analysis, and valuation of assets and illiquid securities.
Mr. Conversano has worked on a number of significant engagements, including providing expert analysis for the US Securities and Exchange Commission's (SEC) Office of the Inspector General’s 457-page report, Investigation of Failure of the SEC to Uncover Bernard Madoff's Ponzi Scheme. He has provided investment and portfolio management analysis, reviews involving alleged breaches of fiduciary duties, compliance with regulatory obligations and industry best practices, and the calculation of damages for several significant matters involving allegations of fraud and misuse of funds managed by investment advisers, hedge funds, and trustees.
Mr. Conversano has conducted ability-to-pay analyses and provided formal presentations of such analyses to the US Department of Justice (DOJ), SEC, United Kingdom Serious Fraud Office, and plaintiffs’ representatives on behalf of publicly traded clients involving antitrust and Foreign Corrupt Practices Act matters. He has provided risk assessments and compliance reviews for registered investment advisers and broker-dealers, as well as NASDAQ delisting services provided for several publicly traded clients.
Mr. Conversano previously spent four years as a senior accountant working in the Office of Compliance Inspections and Examinations at the SEC, where he planned and conducted inspections of various self-regulatory organizations’ programs and examinations of registered broker-dealers and investment advisers. Before joining the SEC, he spent eleven years working as a senior financial analyst at the DOJ, where he frequently provided written expert testimony and substantial litigation support to a number of departments including the Antitrust Division, Civil Division, Civil Rights Division, Criminal Division, Environment and Natural Resources Division, and US Attorneys’ offices throughout the country. He also worked on matters with the Environmental Protection Agency and the Consumer Product Safety Commission.
Mr. Conversano has been selected to serve on the CFA Institute’s Disciplinary Review Committee (DRC), which is responsible for the enforcement of the CFA Institute Code of Ethics and Standards of Professional Conduct. He is a Chartered Financial Analyst and Certified Fraud Examiner.
The George Washington University
MBA, Finance and Investments
University of Maryland
Consulting senior director, Forensic and Litigation Consulting practice
2007 - 2012
United States Securities and Exchange Commission
Senior staff accountant, Office of Compliance Inspections and Examinations
2003 - 2007
United States Department of Justice
Senior financial analyst, Antitrust division
1992 - 2003
Retained as a testifying expert and drafted an expert report evaluating the nature and extent of any suitability obligations and fiduciary duties that may have been owed by an SEC-registered broker-dealer and CFTC-registered Futures Commissions Merchant to its customers.
News & Insights
- Financial Fraud Law ReportNovember/December 2013
- Financier WorldwideOctober-December 2013
- Financier WorldwideMay 15, 2013
- Corporate Compliance InsightsMay 4, 2012
Seminars & Speaking Engagements
- May 26, 2016
- June 14-19, 2015
- June 15-20, 2014
- June 18-20, 2012
News & Commentary
- CFA InstituteAugust 31, 2017
- National Futures AssociationMarch 25, 2015
- National Futures AssociationJanuary 9, 2014
- Press releaseJanuary 31, 2013
- Press releaseFebruary 1, 2012
CFA Institute Disciplinary Review Committee (DRC)
Association of Certified Fraud Examiners