Legal Advisor I (Attorney) - Enforcement

Office of the Illinois Secretary of State

Alexi Giannoulias

Job Title:     Legal Advisor I – Securities Department
Division:     Enforcement
Union:         N/A
Location:    69 W Washington St, Chicago, IL – Cook County
Salary:        $4,656 to $10,513 monthly – commensurate with experience
Benefits:    https://cms.illinois.gov/benefits/stateemployee.html           

Overview: 
Acts as representative of the Secretary of State by participating in the enforcement actions involving violations of the Illinois Securities Law; handles and provides legal advice and assistance on regulatory issues involving the registration of securities, small company offerings, private placements, and other filings made with the Department; reviews inter-state securities filings; assists in issuing interpretive and no-action letters on matters involving securities registration and exemptions; participates in drafting modifications to laws administrative rules and regulations deemed necessary to implement statutory provisions; assists other sections within the Department on issues involving registered entities, issuers and exempted entities.

Duties and Responsibilities:

• Handles regulatory issues involving the registration of securities, small company offerings, private placements, and other filings made with the Department.  Participates in enforcement actions involving violations of the Illinois Securities Law.
• Provides legal advice and assistance on regulatory issues involving Investment Advisers and representatives, Broker Dealers and salespersons, Issuers, Business Brokers, Loan Brokers, and Business Opportunities entities. Works with other states in review of inter-state securities filings. Responds to questions and inquiries from the public, attorneys and other regulators concerning statutory interpretations and compliance.
• Participates in the drafting of modifications to laws, administrative rules and regulations deemed necessary to implement statutory provisions; researches, drafts and writes routine memoranda of law and legal issues related to the laws administered by the Department.
• Assists in issuing interpretive and no-action letters on issues involving securities registration and exemptions.  Assists the Enforcement and Audit and Compliance sections on issues involving registered entities, issuers and exempted entities.
• Performs other duties as required or assigned.

• Requires extensive knowledge of the common law and of the State and Federal laws relating to administrative and regulatory functions.
• Requires extensive knowledge of judicial and quasi-judicial procedure and of the rules of evidence, hearings, and trial procedures.
• Requires working knowledge of management practices and pr