Senior SEC Advisor Ted Yu Joins Skadden

WASHINGTON, D.C. – February 24, 2015 – Skadden, Arps, Slate, Meagher & Flom LLP announced today that Ted Yu joined the firm's Washington, D.C. office as a counsel in its corporate practice. Mr. Yu most recently served as a senior advisor to Mary Jo White, chair of the U.S. Securities and Exchange Commission (SEC) and as senior special counsel to Keith Higgins, director of the SEC’s Division of Corporation Finance. His practice will focus on general securities and corporate matters and corporate governance.

Mr. Yu has advised on many of the SEC's key rulemaking and policy initiatives, including implementation of the JOBS and Dodd-Frank Act provisions, the role of proxy advisory firms, shareholder proposals, requests for waivers from the bad actor and well-known seasoned issuer (WKSI) disqualification provisions, and disclosure reform.

Prior to his most recent advisory roles at the SEC, Mr. Yu served as senior special counsel in the Division of Corporation Finance's chief counsel's office. In this role, he handled complex interpretative advice matters, no-action and exemptive letter requests, and rulemaking projects. He also played a significant role in the SEC’s Shareholder Proposal Taskforce, leading the group for a two-year period. Earlier in his career at the SEC, Mr. Yu was a member of the Division of Corporation Finance’s disclosure operations staff, responsible for the review of filings made under the Securities Act of 1933 and the Securities Exchange Act of 1934. 

"Ted's experience at the SEC, including his involvement with many of the most important capital raising and corporate finance interpretative questions, will be tremendously helpful to our clients," said Stacy Kanter, co-head of Skadden’s global corporate finance practice. "He will be a significant resource on key issues and enhance our strength as a leading corporate advisor."

Brian Breheny, a partner in Skadden's securities regulation practice and former deputy director of the SEC's Division of Corporation Finance, added, "I had the pleasure of working with Ted on a number of matters during my time at the SEC. His scope of expertise makes him a perfect complement to our practices."

"Skadden's global client base and extensive range of practices provide a great platform, and I am excited to be starting the next chapter of my career here," said Mr. Yu. "The opportunities the firm and its clients present are unmatched, and I look forward to working with such a highly regarded group of attorneys."

A graduate of Cornell University, Mr. Yu received his law degree from George Washington University Law School.