Betty Santangelo

BETTY SANTANGELO has been with Schulte Roth & Zabel for over 20 years specializing in securities/bank enforcement matters and white-collar criminal defense. In addition to advising financial institutions (banks, broker-dealers, mutual funds, investment advisers, FCMs and insurance companies) on AML/OFAC/FCPA corporate compliance issues, she represents those institutions, corporate entities and individuals before the U.S. Attorney’s Offices, state and local prosecutors, and regulatory agencies (including the SEC, the bank regulatory agencies, FinCEN, the CFTC, and FINRA) and conducts internal investigations. She has also served as an independent consultant in SEC enforcement matters.

Before joining SRZ as a partner, she served as an Assistant U.S. Attorney for the Southern District of New York, focusing on securities and commodities fraud prosecutions, and she was also a First Vice President and Assistant General Counsel for Merrill Lynch, where she oversaw its regulatory litigation group and the implementation of its AML procedures. Nationally recognized for her expertise in corporate compliance issues, she is listed in The Best Lawyers in America, Ethisphere: Attorneys Who Matter, Expert Guide to the World’s Leading White Collar Crime Lawyers, Expert Guide to the World’s Leading Women in Business Law, Who’s Who Legal: Business Crime Defence, The Legal 500 United States and New York Super Lawyers. She has served as the Securities and Futures Industry’s representative on the Bank Secrecy Act Advisory Group of the U.S. Department of the Treasury and for over ten years as counsel to SIFMA’s AML and Financial Crimes Committee.

In 2014, she was honored by SIFMA for her extraordinary contributions to the Committee and recognized for her dedication to improving industry compliance. She is the 1998 recipient of FinCEN’s Director’s Medal of Exceptional Service. That same year, she represented the U.S. securities industry at the Financial Action Task Force (“FATF”) meeting in Brussels, Belgium. In 2002, she represented SIFMA, the Futures Industry Association and the Investment Company Institute at the FATF meeting in Paris. She has also served as Division Director of the ABA Litigation Committee, and as Chair of its Securities Litigation and Broker-Dealer subcommittees. A former adjunct professor at Fordham Law School, where she taught a course on money laundering, she is a much-sought-after speaker on corporate compliance, AML/OFAC/FCPA, white-collar criminal and securities law issues.

in 2018 she participated on panels entitled “Hot Topics: AML, Cybersecurity, Privacy, GDPR,” at the FIA Law & Compliance Division 40th Annual Law & Compliance Division Conference, “Shells and Pillars: Are You Ready?,” at the 2018 SIFMA Anti-Money Laundering & Financial Crimes Conference and “DFS, State, and OFAC Officials Weigh-In on Regulatory Hot Buttons Governing the Insurance and Reinsurance Industries,” at the 8th Annual Forum on AML & OFAC Compliance for the Insurance Industry. The New York Chapter of the National Organization for Women has presented her with its annual Women of Power and Influence Award, and she is a recipient of the YWCA Woman of Achievement award. Betty received recognition twice from the Emerald Literati Network for articles she wrote on financial institutions’ anti-money laundering obligations.

She is also the recipient of a Burton Award, which recognizes exceptional legal writing, for an article she wrote on the FCPA. Betty contributed the “Clearing Broker Liability and Responsibilities” chapter and “Anti-Money Laundering Regulations Applicable to Broker-Dealers” in Broker Dealer Regulation. She is also a co-author of “Civil and Criminal Enforcement” for Practicing Law Institute’s Insider Trading Law and Compliance Answer Book and contributed a chapter on “Representation Prior to Indictment” in the Law Journal Press’ Defending Federal Criminal Cases: Attacking the Government’s Proof.