It is the pleasure of SIFMA’s Compliance & Legal Society to present Richard (Dick) Walker with the 2023 Alfred J. Rauschman Award!

The Alfred J. Rauschman Award is presented by the Society annually to a candidate who has demonstrated significant contributions to the compliance and legal communities, promoted open communications among industry practitioners to share ideas and issues, fostered dialogue and communications with regulators and dedicated their career to the securities industry. Al Rauschman was a visionary in the securities industry compliance and legal profession. The humble roots of SIFMA’s Compliance & Legal Society go back to a time in the late 1960’s when Rauschman and a group of his contemporaries began meeting informally to discuss current compliance, legal and regulatory topics affecting the securities industry. Those early efforts led ultimately to the founding of what is today known as the SIFMA Compliance & Legal Society, and Al Rauschman served as its first President.

Dick is known across the industry for his distinguished career as well as his dedication to mentoring the next generation. Dick is currently a partner in King & Spalding’s Special Matters & Government Investigations practice group. As part of the firm’s Securities Regulation and Enforcement practice, he represents clients in matters before the U.S. Securities and Exchange Commission, including counseling, internal and government investigations, compliance issues and appellate work.

Dick served as the SEC’s Director of the Division of Enforcement from 1998 to 2001, and prior to that, as General Counsel after serving as Regional Director of the SEC’s Northeast Regional Office. He is the only person in history who has served the SEC as both enforcement director and general counsel. Walker served as General Counsel for Deutsche Bank from 2001 to 2016.

He began his career in private practice and was previously also a partner at Cadwalader.

He graduated cum laude from Temple University Beasley School of Law with a J.D. and earned his B.A. from Trinity College.

Related Resources

• Press Release

• About the Rauschman Award

• About the SIFMA C&L Society