Micah S. Green is the co-chair of Steptoe’s Government Affairs & Public Policy Group and also heads the firm’s cross disciplinary financial services practice, which advises clients on the full spectrum of legislative, regulatory, compliance, enforcement, and litigation issues.
Mr. Green has more than three decades of experience working directly with key policy makers who impact the regulation of the financial services, financial products, and capital markets sectors, as well as those who draft tax laws and regulations. He brings a deep understanding of the policy and political environment coupled with recognized experience in market and industry leadership, crisis management, and legislative and regulatory advocacy. His clients include the players and products in the financial markets throughout the US and globally.
His practice also extends to regulatory matters involving the Securities Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Federal Reserve, and other financial regulatory agencies. He represents clients on a wide range of issues, with a particular emphasis on capital markets, financial products and the new regulatory framework governing the swaps market.
Clients benefit from his first-hand knowledge of the needs of different types of markets, businesses, and financial products gained during his 20-year tenure at a leading trade association. Prior to entering private practice he served as president and co-CEO of the Securities Industry and Financial Markets Association (SIFMA), which was formed by a merger between The Bond Market Association and the Securities Industry Association. At the time of the merger, he had served as president and CEO of The Bond Market Association (BMA) for seven years. He was responsible for leading the full-service trade association in its representation of the largest financial markets in the world, the estimated $48 trillion debt markets, and a diverse mix of more than 460 securities firms and banks, multiproduct firms, and companies with special market and regional niches.
Mr. Green oversaw BMA’s expansion across the globe - establishing offices in Europe and Asia – and was responsible for expanding the range and depth of services available to members through legal/regulatory and market standards and practices initiatives, and shepherding the industry through post-9/11 market issues. Mr. Green’s success in bringing together fierce business competitors to collectively pursue responsible practices and policies to strengthen the markets and the reputation of its participants endures as one of his greatest achievements at BMA.
Before joining BMA, Mr. Green was tax legislative counsel at MCI Communications, where he was responsible for implementing the federal, state, and local tax legislative efforts of the telecommunications company and leading MCI’s lobbying efforts during major tax reform.
Mr. Green spent the first seven years of his career working on Capitol Hill, including serving as staff director of the Subcommittee on Human Resources. In that role he was involved in numerous civil service-related issues, including a federal program to review programs that can be contracted out and the Ethics-in-Government-Act.
