Penny Somer-Greif - Business and Financial Institutions Lawyer at Ober|Kaler (Baltimore, MD)

Penny Somer-Greif

Counsel
psomergreif@ober.com
410.347.7341
443.263.7541 fax

Bar Admissions

  • District of Columbia
  • Maryland
  • New Jersey
  • New York
  • Pennsylvania

Court Admissions

  • Court of Appeals of Maryland
  • Court of Appeals of New Jersey
  • Court of Appeals of the District of Columbia
  • Supreme Court of New York
  • Supreme Court of Pennsylvania

Education

  • American University, Washington College of Law (J.D., summa cum laude, 1995)
    • Phi Alpha Delta
    • Note and Comment Editor, The American University Journal of International Law and Policy, 1991-1992
  • State University of New York at Binghamton (B.S., summa cum laude, 1992)
    • Alpha Mu Alpha, Honorary Marketing Society
    • National Dean’s List
    • All-American Scholar

Penny Somer-Greif

Experience

Penny Somer-Greif is a member of the Financial Institutions and Business Groups at Ober|Kaler. A former attorney-adviser with the Securities and Exchange Commission (SEC), Penny focuses her practice on securities and corporate law issues.

Penny’s representations include matters involving the Securities Act of 1933, the Securities Exchange Act of 1934, the Sarbanes-Oxley Act of 2002, the Dodd-Frank Act, the Jumpstart our Business Startups (JOBS) Act and related SEC rules, NASDAQ, and public and private securities offerings and general securities law compliance. She assists clients in all areas of federal and state securities and corporate law compliance, such as preparing all required SEC filings including registration statements, annual, quarterly and current reports, proxy statements, stock ownership reports, no-action requests and confidential treatment requests, advising clients with respect to developments in applicable laws, regulations and best practices, and drafting and reviewing various corporate documents.

A writer and lecturer on securities law and compliance, Penny serves as vice chair of the Maryland State Bar’s Committee on Securities Law.

Professional Memberships

  • American Bar Association
  • Financial Managers Society
  • Maryland State Bar Association 
    • Section of Business Law  
      • Committee on Securities Law, Chair

Professional Background

  • Associate, Arnold & Porter, LLP
  • Attorney-Adviser, Securities and Exchange Commission
Publications & Presentations [View All]
  • Guest Lecturer, Securities Regulation Class, University of Baltimore School of Law, 2013
  • Author, "The Private Placements They Are A-Changin - General Solicitation, Bad Actor Prohibitions and Proposed Additional Changes to Rule 506 Private Offerings," Financial Regulation International, Informa Law, 2013
  • Presenter, "Legal and Regulatory Update," East Coast Regional Conference, Financial Managers Society, 2013
  • Presenter, "Hot Legal Topics," Independent Community Bank Conference, Rowles & Company, LLP, 2013
  • Presenter, “Practical Tips for Private Placements of Securities,” Webinar, Securities Law Subcommittee, Business Law Section, Maryland State Bar Association, 2012
  • Presenter, “The Dodd-Frank Act - One Year Later,” Maryland Chapter of the Financial Managers' Society, 2011
  • Co-author, "Interagency Final Guidance on Incentive Compensation," Financial Regulation International, Informa UK Ltd, 2010
  • Presenter, "Securities Law: The Basics & Best Practices," MICPEL (The Maryland Institute for Continuing Professional Education of Lawyers, Inc.), 2008
  • Author, “A Guide to the SEC’s Revised Executive Compensation and Related Disclosure Rules,” Business Law Brief, American University Washington College of Law, 2007
  • Author, “Recent Securities Law Developments,” Maryland Bankers Association Maryland Weekly, 2007
  • Presenter, “What is a Security?” Maryland Judiciary and the Maryland State Bar Association Joint Bench Bar Conference, 2007
  • Co-author with Whitney Debevoise, “The United States of America,” International Securities Law Handbook, Kluwer Law International, Second Edition, 2005
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