Doug WolfeFTC Division of Enforcement | Washington, DC
Douglas Wolfe is an Assistant Director in the Federal Trade Commission Bureau of Consumer Protection’s Enforcement Division. In that capacity for the past seven years, he supervises investigations and federal court litigation, including contempt actions for violations of the Commission’s federal court permanent injunction orders. Prior to that, he investigated and successfully tried such cases for six years, and for two years he served as Chief of the FTC’s Criminal Liaison Unit (CLU). CLU is responsible for coordinating parallel civil-criminal law enforcement proceedings, assisting FTC staff in obtaining support from criminal investigative agencies, training FTC personnel on criminal legal issues affecting FTC matters, and serving as the FTC’s point of contact for investigators and prosecutors seeking to draw upon FTC resources and expertise. Mr. Wolfe started his FTC career as a trial attorney in the FTC’s Division of Marketing Practices for seven years, where he litigated matters involving credit card fraud, business opportunities, and other frauds. Mr. Wolfe received the FTC’s Louis D. Brandeis Award, which recognizes the Commission’s top litigating attorney. Before his federal government service, he worked in private practice and as a legal services attorney. Mr. Wolfe received his BA in History from Ohio University and his JD from the University of Virginia.
Kathy Bazoian PhelpsRaines Feldman LLP | Los Angeles, CA
Kathy Bazoian Phelps has been a lawyer since 1991 and is currently a partner at Raines Feldman LLP in the Los Angeles office. In addition to individually serving as a fiduciary in certain matters, Kathy practices in the area of insolvency law, fiduciary representation, and fraud litigation, where she represents federal equity and state court receivers and bankruptcy trustees. Kathy frequently serves as special litigation counsel for fiduciaries and interested parties in fraud-related litigation, cases arising out of receivership and bankruptcy as well as parallel criminal and civil forfeiture proceedings. She is particularly knowledgeable about the administration of Ponzi scheme cases and has extensive litigation experience in claims arising in these types of cases.
Kathy has lectured widely and written on bankruptcy and receivership matters, with a focus on Ponzi schemes. Her book entitled The Ponzi Book: A Legal Resource for Unraveling Ponzi Schemes, co-authored with Hon. Steven Rhodes, has garnered national and international attention as the authoritative work on Ponzi scheme law.
In addition to her roles as lawyer, speaker and author, Kathy also serves as a mediator and is currently on the mediation and arbitration rosters for the Financial Industry Regulatory Authority, as well as the Bankruptcy Mediation Panel for the Central District of California and the Bankruptcy Mediation Panel for the District of Arizona.
Kathy’s personal interests and accomplishments include extensive travel and the study of the Chinese Mandarin language.
Marsha MasseySEC Division of Enforcement | Washington, DC
Marsha Massey is a Supervisory Assistant Chief Litigation Counsel in the Trial Unit at the SEC and is in charge of the collections program for the Division of Enforcement. Her office’s mission is to collect delinquent disgorgement and penalties ordered to be paid by violators of the securities laws so that the funds can be returned to injured investors or the U.S. Treasury. In that role, Marsha also serves as one of three individuals on the SEC’s Receiver Selection Committee. This Committee reviews Enforcement staff’s recommendations for the appointment of a particular receiver in every case to determine whether staff has selected the person whose proposal offers the best prospect of providing the maximum benefit to investors.
Marsha joined the Commission in 2006 after more than a decade as a federal prosecutor. While at the U.S. Attorney’s Office for the Southern District of Indiana, Marsha litigated complex civil and criminal fraud cases. Later, Marsha worked in Washington at the Executive Office for United States Attorneys as the national Affirmative Civil Enforcement Coordinator and was charged with the coordination of complex civil litigation brought by the U.S. to recover damages for fraud or other misconduct. Marsha began her legal career as a law clerk for the Honorable Joseph W. Hatchett of the U.S. Court of Appeals for the Eleventh Circuit. Marsha holds a bachelor’s degree in economics from Wake Forest University and a law degree from Stetson University.
Richard FoelberCFTC, Office of Cooperative Enforcement | Washington, DC
Richard Foelber currently holds the position of Chief of the Office of Cooperative Enforcement at the U.S. Commodity Futures Trading Commission. Mr. Foelber engages in joint prosecutions involving unlawful derivatives and securities practices with other federal and state criminal and civil agencies. In connection with these prosecutions, Mr. Foelber has served as lead trial counsel in CFTC civil prosecutions and as a Special Appointed Assistant U.S. Attorney in related federal criminal cases. Mr. Foelber previously served as Chief Trial Attorney in the CFTC’s Division of Enforcement and Counsel to the Chairman of the CFTC. He also served as a Special Counsel in the U.S. Senate where he worked on legislation reforming the laws governing the financial markets. Prior to joining the CFTC, Mr. Foelber engaged in financial litigation and appellate practice with a law firm in Chicago.
Receivers’ Huddle: Regulators’ Perspectives on Receivership Goals and Game Plans
Register today for our first Receivers’ Huddle!
2:00 – 2:45 PM ET
Listen in on our conversation with regulators from the CFTC and FTC (SEC regulator pending) about their views on federal equity receiverships. Why do they seek the appointment of receivers? What are their expectations of the receivers they put into place?
What do they want us to know as we wind our way through these cases? This will be an inside peek into the mindset of these different agencies when they set a receivership case in motion – a discussion not to be missed.
2:45 – 3:15 PM ET
We invite you to join in the huddle! Stick around to catch up with your colleagues and discuss the session.
Registration is FREE for all members and guests.