Stephanie L. Brooker, former Director of the Enforcement Division at the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) and a former federal prosecutor, is a partner in the Washington, D.C. office of Gibson, Dunn & Crutcher.  She is Co-Chair of the Financial Institutions Practice Group and a member of White Collar Defense and Investigations Practice Group.  As a prosecutor, Ms. Brooker tried 32 criminal trials, investigated a broad range of white collar and other federal criminal matters, briefed and argued criminal appeals, and served as the Chief of the Asset Forfeiture and Money Laundering Section in the U.S. Attorney’s Office for the District of Columbia.  Ms. Brooker was named a National Law Journal “White Collar Trailblazer” and a Global Investigations Review “Top 100 Women in Investigations.”

Ms. Brooker’s practice focuses on internal investigations, regulatory enforcement defense, white-collar criminal defense, and compliance counseling. She handles a wide range of white collar matters, including representing financial institutions, multi-national companies, and individuals in connection with criminal, regulatory, and civil enforcement actions involving sanctions, anti-corruption, anti-money laundering (AML)/Bank Secrecy Act (BSA), securities, tax, and wire fraud, “me-too” matters, and other legal issues. Ms. Brooker’s practice also includes BSA/AML and FCPA compliance counseling and deal due diligence and significant criminal and civil asset forfeiture matters. Ms. Brooker’s investigations matters routinely involve multiple government agencies, including the Department of Justice (DOJ), Securities and Exchange Commission (SEC), Federal Reserve Board (FRB), Office of Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Office of Foreign Assets Control (OFAC), New York Department of Financial Services (NYDFS), Financial Industry Regulatory Authority (FINRA), state banking agencies and gaming regulators, and foreign regulators.

Before joining Gibson Dunn in April 2016, Ms. Brooker served as the first Director of FinCEN’s Enforcement Division, which is the lead federal regulator with responsibility for enforcing the U.S. AML laws and regulations. In this role, she oversaw all of FinCEN’s domestic and foreign enforcement and compliance under the BSA, such as civil money penalty actions and injunctions against a wide range of financial institutions, including banks, credit unions, money services businesses, cryptocurrency entities, casinos, broker-dealers, futures, insurance, and dealers in precious metals, stones and jewels. She also oversaw rulemaking actions under Section 311 of the PATRIOT Act against foreign institutions and jurisdictions, Geographic Targeting Orders, and examination and enforcement actions against cryptocurrency companies following FinCEN’s 2013 cryptocurrency guidance.

As Enforcement Director, Ms. Brooker also oversaw for the agency litigation of contested enforcement actions, including several cases of first impression in federal court handled by the Department of Justice (DOJ) on behalf of the agency. She also oversaw examinations of regulated financial institutions and development of compliance strategies. Ms. Brooker worked closely with a wide range of state and federal partners, including DOJ/Asset Forfeiture and Money Laundering Section, U.S. Attorneys’ offices, State Department, Securities and Exchange Commission, Federal Reserve Board, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Consumer Financial Protection Bureau, Financial Industry Regulatory Authority, and the Conference of State Bank Supervisors. Prior to serving as Enforcement Director, Ms. Brooker served as Chief of Staff and Senior Advisor to the Director of FinCEN.

Ms. Brooker served from 2005 to 2012 as an Assistant U.S. Attorney in the U.S. Attorney’s Office for the District of Columbia, where she served for many years as a trial attorney and then as the first Chief of the new Asset Forfeiture and Money Laundering Section from 2010 to 2012. This Section was responsible for all asset forfeiture and money laundering issues in Criminal Division cases and for litigation of civil forfeiture cases. In this role, she investigated and prosecuted complex civil and criminal forfeiture cases involving high-priority enforcement areas, such as national security, sanctions violations, and major financial fraud. She established the USAO’s first DC Financial Crimes Task Force and supervised the investigation and prosecution of BSA and money laundering cases. In 2012, she received the U.S. Attorney’s Award for Creativity and Innovation in Management. She was awarded three Special Achievement Awards for Superior Performance and the Office’s Criminal Division Award.

Ms. Brooker clerked for Judge Diana Gribbon Motz of the U.S. Court of Appeals for the Fourth Circuit and for Judge James Robertson of the U.S. District Court for the District of Columbia. She also worked in private practice as an appellate litigation associate at an international law firm. She graduated magna cum laude in 2001 from Georgetown University Law Center, where she served as Managing Editor of Georgetown Law Journal and was elected to the Order of the Coif. She graduated with highest distinction from Northwestern University with a B.S. in Journalism in 1996. She was also selected as a Harry S. Truman Scholar.

Ms. Brooker serves as Treasurer of the Board of Directors of the Robert A. Shuker Scholarship Fund. Ms. Brooker is admitted to practice in the District of Columbia.

Recent Representations

• Representing European bank Board of Directors in connection with DOJ and regulatory actions involving FCPA, Libor, BSA/AML, and sanctions
• Conducting independent investigation for Board of Directors involving “me-too” allegations against Chief Executive Officer
• Representing public company in investigation by DOJ Public Integrity section, U.S. Attorney’s Office, and state regulator
• Representing global bank in investigation involving allegations of corruption, insider trading, tax fraud, and money laundering violations by DOJ Fraud Section, U.S. Attorney’s Office, SEC, and federal banking regulators
• Representing national bank in investigation involving sanctions allegations by DOJ, U.S. Attorney’s Office, OFAC, and federal banking regulators
• Representing global bank in corruption and money laundering investigation by foreign regulator
• Representing global bank in corruption and money laundering investigation by foreign regulator, DOJ Fraud Section, U.S. Attorney’s Office, and federal banking regulators
• Representing multiple clients in casino, hospitality, technology, payment processing, and manufacturing industries in DOJ criminal investigations
• Serving as strategic enforcement counsel for multi-agency DOJ and federal banking regulatory enforcement actions against national bank
• Serving as strategic enforcement counsel for major insurance company involving allegations of fraud, money laundering, and human trafficking
• Representing individuals in connection with Department of Justice criminal investigations
• Representing broker dealer in connection with regulatory investigation by the Financial Industry Regulatory Authority (FINRA)
• Providing Bank Secrecy Act and anti-money laundering compliance advice and corporate deal due diligence to banks, broker dealers, private equity and hedge funds, non-bank financial institutions (i.e. money service businesses and casinos), insurance companies, technology companies, cryptocurrency companies, hotels, and other multi-national companies
• Representing clients in criminal and civil asset forfeiture matters
  

Recent Speaking Engagements*

ABA/ABA Money Laundering Enforcement Conference, Advisory Board Member and Panel Moderator (2017-2019)

Association of Certified Anti-Money Laundering Specialists, “AML in the Era of Legal Sports Gambling” and multiple AML enforcement and compliance panels (Spring and Fall 2019)

American Bar Association, Annual Institute on White Collar Crime (2018), “Global Reach of Money Laundering Enforcement”

Securities Industry and Financial Markets Association, “Regulatory and Examination Priorities,” Anti-Money Laundering and Financial Crimes Conference (SIFMA) (2018 and 2019)

Institute of International Bankers Association, “Supervisory Developments Regarding BSA/AML and OFAC Compliance” (2016-2017, 2019)

Deloitte Financial Crime Symposium and Foreign Banking Organization Directors Forum: “A Financial Institution Under Criminal Investigation — Strategic Issues” and “Update from the Regulators and Law Enforcement” (2016-2017, 2019)

American Gaming Association, AML Summit (2018 and 2019)

New York State Society of CPAs, Anti Money Laundering Counter Terrorist Finance Conference (2019)

Gibson Dunn Webcast: Anti-Money Laundering and Sanctions Enforcement and Compliance in 2018 and Beyond (2018 and 2019)

Gibson Dunn Webcast:  Webcast: Negotiating Closure of Government Investigations: NPAs, DPAs, and Beyond (2019)

Verafin, Annual Bank Secrecy Act/Anti-Money Laundering Conference (2017)

Florida International Bankers Association (FIBA), “Lessons learned from the U.S. Treasury’s recent enforcement actions against financial institutions in the region” (2017)

Investment Adviser Association, Compliance Conference, AML Panel (2017)

Gibson Dunn Webcast: Challenges in Compliance and Corporate Governance (2017 and 2018)

Practicing Law Institute, Hedge and Private Fund Enforcement & Regulatory Developments 2016, “Hot Button Enforcement Issues for Private Funds” (2016)

ABA/ABA Money Laundering Enforcement Conference, “Hot Legal Cases and Enforcement Actions: How They Impact Your AML/Fraud Program” (2016)

New York State Society of Certified Public Accountants, “BSA Challenges for Registered Investment Advisors” (2016)

ABA, Criminal Justice Section, “Anti-Money Laundering Issues Panel” (2016)

SandPiper Partners, “Financial Crime Summit: Convergence Trends—From the Regulatory, Enforcement & Industry Perspective Conference” (2016)

Hudson Institute and Gibson, Dunn, and Crutcher: “Kleptocracy: Fighting It and Avoiding It.” (2016)

Panel Presentation, “Recent Developments in Anti-Money Laundering Enforcement,” American Bar Association, 30th Annual Institute on White Collar Crime (2016)

Panel Presentation, “Money Laundering Enforcement Trends,” Wall Street Journal (2016)

Panel Presentation, “Enforcement Trends and Takeaways,” Anti-Money Laundering and Financial Crimes Conference, Securities Industry and Financial Markets Association (2016)

Keynote Speaker, Puerto Rico Bankers Association Annual Money Laundering Symposium (2016)

Keynote Speaker, Bank Secrecy Act Conference, State Bar of Nevada Gaming Law Section, published remarks available at https://www.fincen.gov/news_room/testimony/ (2015)

Panel Presentation, “Spotlight on Women Power Players in Government: Shaping the Future of Financial Services Law,” Women Leaders in Financial Services Industry Law, American Conference Institute (2015)

Panel Presentation, Legal and Legislative Issues Conference, Financial Markets Association (2015)

Keynote Speaker, Advanced BSA/AML Specialists Conference, Federal Financial Institutions Examination Council (2014 and 2015)

Panel Presentation, “White Collar Crime 2014: Prosecutors and Regulators Speak,” Practicing Law Institute

Panel Presentation, Risk Management and Regulatory Examination/Compliance Seminar, Institute of International Bankers (2014)

Panel Presentation, “Virtual Currency Overview,” Edward Bennett Williams Inn of Court (2014)

Panel Presentation, “AML Enforcement,” Women in Housing and Finance (2014)

Panel Presentation, Annual AML and Financial Crime Conference, Association of Certified Anti-Money Laundering Specialists (2013)

*Engagements prior to joining Gibson, Dunn & Crutcher