Skip to main content

SEC Guidance on Liability for Compliance and Legal Personnel 2014


Speaker(s): Kenneth J. Berman, Lee A. Schneider
Recorded on: Jan. 17, 2014
PLI Program #: 54888

Lee A. Schneider is General Counsel at Block.one, one of the world’s largest blockchain companies and creator of the EOSIO blockchain protocol.  In that role, Schneider is responsible for various aspects of the legal function as well as the company’s government affairs initiatives.

He joined Block.One after leading the blockchain, FinTech and broker-dealer practices at two major international firms.  Lee has been recognized as one of the leading voices in blockchain-related regulation and compliance and has played a role in structuring several of the largest and most successful blockchain-related projects.  He is the contributing editor of the Chambers and Partners 2019 FinTech Practice Guide.

Schneider co-hosts Appetite for Disruption, a bi-weekly FinTech podcast with former SEC Commissioner Troy Paredes, which features interviews with leading voices in the space.  Lee is also a co-founder of Genesis Block, a blockchain and start-up advisory firm.

Schneider holds a Juris Doctor degree from American University’s Washington College of Law and a bachelor’s degree in Economics from the University of Michigan.  He is the father of two wonderful, exhausting teenage ladies and learns about Japanese art history from his wife.  


Kenneth J. Berman is a partner with Debevoise & Plimpton LLP, resident in the firm’s Washington, D.C. office.  Mr. Berman focuses his practice on providing regulatory and compliance advice to financial services firms, particularly investment advisers and sponsors of mutual funds, private equity funds and other pooled investment vehicles. 

Prior to joining Debevoise, Mr. Berman was Associate Director of the Securities and Exchange Commission’s Division of Investment Management, where he oversaw the division offices responsible for processing applications for exemptive relief under the Investment Company Act and administering the Public Utility Holding Company Act of 1935. He joined the SEC staff in 1988 after several years of private practice. Before becoming Associate Director in 1997, Mr. Berman was Assistant Director of the Division’s Office of Regulatory Policy.

Mr. Berman is the co-author of numerous articles, including “Debevoise & Plimpton Discusses Custody Of Digital Assets,” The CLS Blue Sky Blog (January 8, 2019); Debevoise & Plimpton Discusses SEC Enforcement Against Private Equity Advisers The CLS Blue Sky Blog (Dec. 24, 2018); OCIE Pings Advisers on Electronic Messaging Best Practices,” (December 21, 2018);” 2018/2019 Private Equity Year End Review and Outlook” (December 20, 2018); “Debevoise On Material Omissions In Private Equity Secondary Transaction,” The CLS Blue Sky Blog (October 9, 2018); “Beware Pitfalls In Private Equity Secondary Transactions,” Law 360 (October 3, 2018);   “What Will The ‘Eyes And Ears’” Of The SEC Choose To See And Hear This Year? OCIE Announces Examination Priorities For 2015,” Vol. 16 No.2, Journal of Investment Compliance, (July, 2015); “Debevoise & Plimpton Discusses JOBS Act General Solicitations,” The CLS Blue Sky Blog (September, 2014);; and “Soft Dollars and Other Means of Obtaining Business” (Ch. 14 of Broker-Dealer Regulation).  He is also co-editor of International Survey of Investment Adviser Regulation (3rd ed.).

Mr. Berman is a member of the Association of the Bar of the City of New York (Investment Management Regulation Committee), the American Bar Association (Subcommittee on Investment Companies and Investment Advisers, Subcommittee on Private Investment Entities) and the District of Columbia Bar. 

Mr. Berman received his J.D. from the University of Chicago Law School and his B.A. from Dickinson College.