Fireside Chat with Deputy Director of the SEC Division of Enforcement, Paul Tzur (Presented by the Federal Bar Association’s Securities Law Section)

Michael S. Gulland
Michael S. Gulland
Gentry Locke

Michael S. Gulland is a Partner in Gentry Locke’s Government and Regulatory Affairs and White-Collar Defense, Investigations & Compliance practice groups, based in the firm’s Norfolk office.

John G. Danyluk
John G. Danyluk
Gentry Locke

John G. Danyluk is a Partner in Gentry Locke’s Richmond office, practicing in the firm’s White-Collar Defense, Investigations & Compliance group, which is ranked Band 1 by Chambers USA.

Live Video-Broadcast: October 13, 2026

1 hour CLE

Tuition: $195.00
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Program Summary

 

The Division of Enforcement you knew is not the one investigating your client.

The SEC’s Division of Enforcement has restructured. Regional office directors have given way to a new organizational structure, new leadership, and new specialized units — including a Retail Fraud Working Group and a Financial Reporting and Accounting Unit. Policy has shifted with it, under a “back to basics” approach to enforcement.

Enforcement now targets real harm to investors: insider trading, accounting and disclosure fraud, offering fraud, market manipulation, and fiduciary breaches by investment advisers. Standalone off-channel communications cases are out; individual accountability is in. The Enforcement Manual’s cooperation framework now shapes civil penalties, and settlement recommendations and waiver requests are weighed simultaneously. Wells timing and expectations have changed too — down to what makes a submission helpful and what evidence counsel can access.

In this fireside chat, moderated by former SEC Deputy Director of Enforcement Nekia Hackworth (Partner, Jones Day), Mr. Tzur explains how these changes work in practice — from the MOU with the CFTC to the Whistleblower Program. You will leave able to time Wells submissions, position cooperation for penalty credit, and anticipate the Commission’s priorities.

Key topics to be discussed:

  • Structural Changes
    Map the shift from the regional office structure and directors to the Division’s current organizational structure, including the new Retail Fraud Working Group and Financial Reporting and Accounting Unit.
  • Personnel Changes
    Track the Division’s new Enforcement leadership and the impact, if any, stemming from the number of Commissioners — currently and after October 2026.
  • “Back to Basics” Approach
    Anticipate the focus on real harm to investors and individual accountability, and the move away from standalone off-channel communications cases.
  • Enforcement Manual Updates
    Apply the SEC’s revised framework for evaluating cooperation and its impact on civil penalties, along with the simultaneous consideration of settlement recommendations and waiver requests.
  • Wells Process Changes
    Time Wells submissions and meetings effectively, learn what makes a submission helpful to the SEC, and understand access to salient and probative evidence, including exculpatory information.
  • Whistleblower & CFTC Developments
    Follow the status of the Whistleblower Program, the rescission of the policy denying settlements in enforcement actions, and how the MOU with the CFTC works in practice.

This course is co-sponsored with myLawCLE.

Date / Time: October 13, 2026

  • 2:00 pm – 3:00 pm Eastern
  • 1:00 pm – 2:00 pm Central
  • 12:00 pm – 1:00 pm Mountain
  • 11:00 pm – 12:00 am Pacific

Closed-captioning available

Speakers

Michael S. Gulland, Partner | Gentry Locke

Michael S. Gulland is a Partner in Gentry Locke’s Government and Regulatory Affairs and White-Collar Defense, Investigations & Compliance practice groups, based in the firm’s Norfolk office. He counsels clients facing government investigations and regulatory enforcement actions, guides internal compliance reviews and risk-management strategies, and handles litigation and data privacy matters, including advising organizations in the aftermath of cybersecurity incidents. He came to private practice after nearly 14 years with the Federal Bureau of Investigation, where he served as both a legal advisor and a Special Agent.

  • Education & Credentials

Mr. Gulland earned his J.D., cum laude, from Northwestern University Pritzker School of Law and his B.A. from the University of Virginia. He is admitted to the Virginia State Bar and the Illinois State Bar, as well as the U.S. District Courts for the Eastern and Western Districts of Virginia and the Northern District of Illinois, and the U.S. Courts of Appeals for the Seventh Circuit and the D.C. Circuit.

  • Recognition & Leadership

During his FBI career, Mr. Gulland rose to serve as Chief Legal Counsel and Supervisory Special Agent for the FBI’s Norfolk Division, where he was responsible for all of the division’s legal matters and additionally served as its Privacy, Ethics, and Policy Officer and as a member of its Compliance Council. He also completed temporary-duty assignments as Chief Legal Counsel for the FBI’s Washington Field and Anchorage Field Offices.

  • Professional Involvement

From 2021 to 2025, Mr. Gulland served as an adjunct professor in Old Dominion University’s Department of Sociology and Criminal Justice, where he taught an undergraduate cyber law course covering topics such as ransomware, spyware, social engineering, and DDoS techniques.

  • Experience

Mr. Gulland spent nearly 14 years with the FBI. As Chief Legal Counsel and Supervisory Special Agent for the Norfolk Division, he handled the division’s operational, intelligence, policy, and ethical legal issues; advised on cyber breach investigations and remediation strategies; worked alongside investigators and federal prosecutors on white collar and public corruption cases; and defended the federal government in civil litigation, including Federal Tort Claims Act, Touhy, and EEOC matters. He earlier served as Associate Legal Counsel for the FBI’s Chicago Division and began his Bureau career as a Special Agent in Chicago, investigating complex criminal enterprises and violent gangs in partnership with federal and state prosecutors.

In private practice before and alongside his government service, Mr. Gulland handled complex civil litigation at firms in Chicago and Washington, D.C., including False Claims Act, breach of contract, products liability, employment discrimination, and insurance coverage matters, conducting trial examinations and depositions and arguing motions in state and federal courts.

 

John G. Danyluk, Partner | Gentry Locke

John G. Danyluk is a Partner in Gentry Locke’s Richmond office, practicing in the firm’s White-Collar Defense, Investigations & Compliance group, which is ranked Band 1 by Chambers USA. He represents corporate and individual clients through every phase of the criminal process and counsels government contractors, defense industrial base companies, healthcare and pharmaceutical firms, and critical infrastructure entities on internal investigations, compliance, and data privacy and cybersecurity matters, including federal procurement requirements under the FAR and DFARS (including CMMC) and ITAR compliance.

  • Education & Credentials

Mr. Danyluk earned his J.D. from the University of Richmond School of Law, where he served as Editor-in-Chief of the Richmond Journal of Law and Technology (2015–16), and his B.A. from the University of Richmond. He is a Certified Information Privacy Professional (CIPP/U.S.) through the International Association of Privacy Professionals (IAPP). He is admitted to the Virginia State Bar and to the U.S. District Courts for the Eastern and Western Districts of Virginia and the Western District of Texas and serves on the Criminal Justice Act Panel for the Eastern District of Virginia.

  • Recognition & Leadership

Mr. Danyluk has been named to Best Lawyers in America “Ones to Watch” for Criminal Defense: White-Collar (2026) and recognized as an “Up & Coming” attorney by Chambers USA for Litigation: White Collar Investigations (2025–2026). He has been named a “Legal Elite” for Cybersecurity & Data Privacy Technology law by Virginia Business magazine (2024–2025), a Virginia Lawyers Weekly “Go To Lawyer” for Cybersecurity and Data Privacy (2025), a Virginia Super Lawyers “Rising Star” in Criminal Defense: White Collar (2025–2026), and a member of Virginia Lawyers Weekly’s “Up & Coming Lawyers” class of 2025.

Professional Involvement

Mr. Danyluk serves as Chair-Elect of the Federal Bar Association’s Criminal Law Section and sits on the Judiciary Committee of the Richmond Bar Association. He is a member of the Virginia State Bar, the Virginia Bar Association, and the American Bar Association.

  • Experience

Before joining Gentry Locke, Mr. Danyluk served more than four years in the U.S. Army Judge Advocate General’s Corps, including as a Special Assistant U.S. Attorney in the Western District of Texas, where he was a lead trial attorney and litigated more than 1,000 cases, including numerous federal jury trials. He also served in national security and administrative law roles, advising military commands on complex investigations and regulatory matters. At Gentry Locke, he brings extensive experience handling high-stakes matters involving cybersecurity incidents, CMMC compliance, internal investigations, healthcare fraud, Title IX investigations, and parallel civil and criminal federal investigations into procurement fraud.

Agenda

SESSION 1 – Conducting Effective Internal Investigations | 12:00pm – 1:00pm

An effective internal investigation can help organizations identify legal risks, address misconduct, and demonstrate a strong culture of compliance before regulatory issues escalate. This session explores how legal and compliance teams should structure investigations, gather facts, preserve privileges, and implement corrective actions while managing business and reputational risks. Internal investigations play a critical role in helping organizations identify risks, address misconduct, and strengthen compliance before issues escalate. This session explores practical approaches to planning and conducting investigations while balancing legal obligations, business objectives, and organizational culture.

BREAK | 1:00pm – 1:10pm

SESSION 2 – Regulatory Readiness and Strengthening Corporate Compliance Programs | 1:10pm –2:10pm

Organizations must be prepared to respond effectively to regulatory inquiries while maintaining strong compliance programs that promote accountability and reduce organizational risk. This session examines practical strategies for managing regulatory interactions and continuously improving compliance frameworks.

Credits

Alaska

Approved for CLE Credits
2 General

Our programs are CLE-eligible through Alaska's recognition of multi-jurisdictional reciprocity.
Alabama

Pending CLE Approval
2 General

Arkansas

Approved for CLE Credits
2 General

Arizona

Approved for CLE Credits
2 General

California

Approved for CLE Credits
2 General

Colorado

Pending CLE Approval
2 General

Connecticut

Approved for CLE Credits
2 General

District of Columbia

No MCLE Required
2 CLE Hour(s)

Delaware

Pending CLE Approval
2 General

Florida

Approved via Attorney Submission
2.5 General Hours

Receive CLE credit in Florida via Attorney Submission.
Georgia

Pending CLE Approval
2 General

Hawaii

Approved for CLE Credits
2.4 General

Iowa

Pending CLE Approval
2 General

Idaho

Pending CLE Approval
2 General

Illinois

Pending CLE Approval
2 General

Indiana

Pending CLE Approval
2 General

Kansas

Pending CLE Approval
2 Substantive

Kentucky

Pending CLE Approval
2 General

Louisiana

Pending CLE Approval
2 General

Massachusetts

No MCLE Required
2 CLE Hour(s)

Maryland

No MCLE Required
2 CLE Hour(s)

Maine

Pending CLE Approval
2 General

Michigan

No MCLE Required
2 CLE Hour(s)

Minnesota

Pending CLE Approval
2 General

Missouri

Approved for CLE Credits
2.4 General

Mississippi

Pending CLE Approval
2 General

Montana

Pending CLE Approval
2 General

North Carolina

Pending CLE Approval
2 General

North Dakota

Approved for CLE Credits
2 General

Our programs are CLE-eligible through North Dakota’s recognition of multi-jurisdictional reciprocity. Section 1, Policy 1.14
Nebraska

Pending CLE Approval
2 General

The Federal Bar Association reports attendance to Nebraska on each attorney's behalf for all programs. Please do not self-report.
New Hampshire

Approved for CLE Credits
120 General Minutes

As of July 1, 2014, the NHMCLE Board no longer provides pre- or post-approval of courses. Attendees must self-determine whether a program is eligible for credit, and self-report their attendance online at www.nhbar.org, based on qualification provisions of Rule 53.
New Jersey

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New Jersey's recognition of multi-jurisdictional reciprocity, except for the courses required under BCLE Reg. 201:2
New Mexico

Approved for CLE Credits
2 General

Nevada

Pending CLE Approval
2 General

New York

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New York’s Approved Jurisdiction Group “B”.
Ohio

Pending CLE Approval
2 General

Oklahoma

Pending CLE Approval
2.5 General

Oregon

Pending CLE Approval
2 General

Pennsylvania

Approved for CLE Credits
2 General

Rhode Island

Pending CLE Approval
2.5 General

South Carolina

Pending CLE Approval
2 General

South Dakota

No MCLE Required
2 CLE Hour(s)

Tennessee

Pending CLE Approval
2 General

Texas

Approved for CLE Credits
2 General

Utah

Pending CLE Approval
2 General

Vermont

Approved for CLE Credits
2 General

Washington

Approved via Attorney Submission
2 Law and Legal Hours

Receive CLE credit in Washington via Attorney Submission. myLawCLE will supply Washington state attorneys with instructions on how to gain credit.
Wisconsin

Pending CLE Approval
2.4 General

West Virginia

Pending CLE Approval
2.4 General

Wyoming

Pending CLE Approval
2 General

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