Photo of Arlo Devlin-Brown

Arlo Devlin-Brown represents individuals and companies in sensitive government investigations and enforcement actions, with particular expertise in money laundering, sanctions, securities fraud, insider trading and corruption matters. He has represented numerous global international financial institutions in high stakes investigations involving the DOJ, the New York Department of Financial Services, the Federal Reserve and other regulators. He has also represented companies in connection with both foreign and domestic corruption allegations.

Arlo also advises financial institutions and companies on compliance with the Controlled Substances Act, anti-money laundering statutes and other laws governing the cannabis sector.

In addition to his work on behalf of corporate clients, Arlo specializes in the representation of individuals – including public figures – in high profile and potentially life-altering criminal investigations, and regularly advises on the intertwined legal, business and public relations issues that must be successfully navigated.

Arlo is also an accomplished trial lawyer, having tried over a dozen federal jury trials to verdict and argued more 15 appeals to the Second Circuit Court of Appeals.

Prior to joining the firm, Arlo served in the U.S. Attorney’s Office for the Southern District of New York as one of its leading securities fraud prosecutors and then as Chief of its Public Corruption Unit. In his role as Chief, Arlo supervised more than 20 prosecutors, criminal investigators and other professionals responsible for investigating and prosecuting a wide range of domestic and foreign corruption offenses and cases involving fraud against the government.

Prior to being promoted to Chief, Arlo served as an Assistant U.S. Attorney in the Southern District’s Securities and Commodities Fraud Unit. He investigated and prosecuted some of the most notable financial services-related cases in recent years—among them were cases involving insider trading, Bank Secrecy Act, anti-money laundering violations, investment adviser fraud, offering fraud, and accounting fraud. He also spearheaded the Department of Justice’s principal enforcement action involving the internet gambling industry.

The Senate Banking Committee held its first hearing of 2018 earlier this week to discuss potential reform of the current U.S. regulatory framework for combating money laundering and other forms of illicit financing.  Current proposals for reform include raising the mandatory reporting thresholds for currency transactions and suspicious activity, requiring the collection of beneficial ownership information for U.S. companies at the time of incorporation, and allowing greater information sharing among financial institutions and the government.  The potential reforms are receiving initial bipartisan support on some key issues as legislators from both parties have voiced concerns over the need to update the current Bank Secrecy Act (BSA)/Anti-Money Laundering (AML) regulatory regime.

Continue Reading Senate Banking Committee Holds Hearing on Reform of Regulations Related to Money Laundering and Other Illicit Financing Activities