Cravath Publishes Winter 2026 Issue of Alumni Journal
Elad Roisman is a member of the Corporate Governance and Board Advisory Practice and the Financial Institutions Group (FIG) Practice and Co‑Head of the Digital Assets Practice. Prior to joining Cravath, Mr. Roisman was a Commissioner and Acting Chairman of the U.S. Securities and Exchange Commission (SEC).
Mr. Roisman represents clients on a broad range of complex regulatory and strategic initiatives, mergers and acquisitions and capital markets transactions, as well as on SEC and congressional investigations, exams and inquiries. His practice includes advising public and private companies and other SEC registrants on strategic initiatives, disclosure, compliance, ESG and general corporate law matters as well as other SEC requirements. In addition, Mr. Roisman applies his deep knowledge of market structure regulation to advise fintech companies, investors, exchanges, trading intermediaries and other financial institutions on day‑to‑day as well as emerging regulatory matters.
As a Commissioner and Acting Chairman of the SEC, Mr. Roisman played an instrumental role in shaping the agency’s rulemaking, enforcement and international work. He led the agency’s efforts to improve the proxy voting process, including amending the rules applicable to shareholder proposals and proxy solicitations. He also helped drive the SEC’s efforts to modernize the regulation of the U.S. equity markets and Treasury markets. Mr. Roisman represented the SEC before the U.S. Congress and other national and international regulatory entities, including the Financial Stability Oversight Council, the International Organization of Securities Commissions and the Financial Stability Board. During his tenure, Mr. Roisman voted on more than one hundred agency rulemakings, opinions, interpretations and guidance documents, and on over 1,000 enforcement actions, including some of the largest cases in the SEC’s history.
Mr. Roisman was appointed by the President and confirmed by the U.S. Senate to the SEC after serving as Chief Counsel for the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where he helped shepherd major legislation, conducted congressional oversight and investigations, and helped set the committee’s agenda. Previously, he served as Counsel to then‑SEC Commissioner Daniel M. Gallagher, Chief Counsel at NYSE Euronext and as a corporate lawyer in private practice in New York.
Mr. Roisman is among the most influential voices at the intersection of law and policy, contributing his deep expertise to the discussions shaping the framework underlying new and evolving legal issues that arise with emerging technologies in a global economy. He has been named multiple times to Washingtonian’s List of “Washington DC’s 500 Most Influential People,” which highlights individuals outside of the White House “with deep subject-matter expertise who understand how to effectively drive action in Washington; those who grasp the nuances and complexities of specific policy areas; and experts in fields [the editors] believe will be particularly significant to the current slate of elected officials.”
Mr. Roisman is a frequent speaker, published author and thought leader on key legal and regulatory issues facing SEC registrants including those relating to market structure, corporate governance, public company and ESG‑related disclosures, digital assets, artificial intelligence and other emerging technologies. He has testified before Congress as a subject‑matter expert on several occasions, including recently on the SEC’s final rules requiring climate‑related disclosures for public companies, as well as on the Digital Asset Market Clarity Act of 2025 in a hearing entitled “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework,” which sets forth a proposed digital asset market structure framework. In addition, Mr. Roisman is a recurring speaker and moderator on SEC and industry‑led roundtables.
Mr. Roisman grew up in Israel and New England. He received a B.A. cum laude from Cornell University in 2003 and a J.D. from Boston University School of Law in 2006.
Mr. Roisman represents clients on a broad range of complex regulatory and strategic initiatives, mergers and acquisitions and capital markets transactions, as well as on SEC and congressional investigations, exams and inquiries. His practice includes advising public and private companies and other SEC registrants on strategic initiatives, disclosure, compliance, ESG and general corporate law matters as well as other SEC requirements. In addition, Mr. Roisman applies his deep knowledge of market structure regulation to advise fintech companies, investors, exchanges, trading intermediaries and other financial institutions on day‑to‑day as well as emerging regulatory matters.
As a Commissioner and Acting Chairman of the SEC, Mr. Roisman played an instrumental role in shaping the agency’s rulemaking, enforcement and international work. He led the agency’s efforts to improve the proxy voting process, including amending the rules applicable to shareholder proposals and proxy solicitations. He also helped drive the SEC’s efforts to modernize the regulation of the U.S. equity markets and Treasury markets. Mr. Roisman represented the SEC before the U.S. Congress and other national and international regulatory entities, including the Financial Stability Oversight Council, the International Organization of Securities Commissions and the Financial Stability Board. During his tenure, Mr. Roisman voted on more than one hundred agency rulemakings, opinions, interpretations and guidance documents, and on over 1,000 enforcement actions, including some of the largest cases in the SEC’s history.
Mr. Roisman was appointed by the President and confirmed by the U.S. Senate to the SEC after serving as Chief Counsel for the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where he helped shepherd major legislation, conducted congressional oversight and investigations, and helped set the committee’s agenda. Previously, he served as Counsel to then‑SEC Commissioner Daniel M. Gallagher, Chief Counsel at NYSE Euronext and as a corporate lawyer in private practice in New York.
Mr. Roisman is among the most influential voices at the intersection of law and policy, contributing his deep expertise to the discussions shaping the framework underlying new and evolving legal issues that arise with emerging technologies in a global economy. He has been named multiple times to Washingtonian’s List of “Washington DC’s 500 Most Influential People,” which highlights individuals outside of the White House “with deep subject-matter expertise who understand how to effectively drive action in Washington; those who grasp the nuances and complexities of specific policy areas; and experts in fields [the editors] believe will be particularly significant to the current slate of elected officials.”
Mr. Roisman is a frequent speaker, published author and thought leader on key legal and regulatory issues facing SEC registrants including those relating to market structure, corporate governance, public company and ESG‑related disclosures, digital assets, artificial intelligence and other emerging technologies. He has testified before Congress as a subject‑matter expert on several occasions, including recently on the SEC’s final rules requiring climate‑related disclosures for public companies, as well as on the Digital Asset Market Clarity Act of 2025 in a hearing entitled “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework,” which sets forth a proposed digital asset market structure framework. In addition, Mr. Roisman is a recurring speaker and moderator on SEC and industry‑led roundtables.
Mr. Roisman grew up in Israel and New England. He received a B.A. cum laude from Cornell University in 2003 and a J.D. from Boston University School of Law in 2006.
Education
-
J.D., 2006, Boston University School of Law
-
B.A., 2003, Cornell Universitycum laude
Admitted In
- New York
- District of Columbia
Rankings
Lawdragon
- 500 Leading Lawyers in America (2026, 2025)
- 500 Global Leaders in Crisis Management (2026, 2025)
The Legal 500 US
- Financial Services Regulation (2023)
Washingtonian
- Washington DC’s 500 Most Influential People (2025, 2024)
Deals & Cases
January 23, 2026
BitGo’s IPO
Cravath represented the underwriters in connection with the $212.8 million initial public offering of class A common stock of BitGo Holdings, Inc. (“BitGo”), a leading infrastructure provider of digital asset solutions for businesses, offering solutions including custody, wallets, staking, trading, settlement and digital asset management. The shares were listed on the New York Stock Exchange. The transaction closed on January 23, 2026.
Deals & Cases
December 09, 2025
Paramount’s $108.4 Billion All‑Cash Tender Offer to Acquire Warner Bros. Discovery, Inc.
On December 8, 2025, Paramount, a Skydance Corporation (“Paramount”), announced it has commenced an all-cash tender offer to acquire all of the outstanding shares of Warner Bros. Discovery, Inc. (“WBD”) for $30.00 per share in cash, equating to an enterprise value of $108.4 billion. Paramount’s proposed transaction is for the entirety of WBD, including the Global Networks segment. Cravath is representing Paramount in connection with the transaction.
Deals & Cases
October 01, 2025
TXSE Group Secures SEC Approval of Texas Stock Exchange
On September 30, 2025, TXSE Group Inc (“TXSE Group”) announced that the U.S. Securities and Exchange Commission (“SEC”) has formally approved the Texas Stock Exchange’s Form 1 registration to operate as a national securities exchange. Cravath represented TXSE Group in connection with this matter.
Activities
February 25, 2026
Elad Roisman Speaks at NICSA’s 2026 Strategic Leadership Forum
On February 24, 2026, Cravath partner Elad Roisman participated in the National Investment Company Service Association’s 2026 Strategic Leadership Forum, which was held from February 23‑25 in Miami, Florida. The event featured deep dive conversations on the topics of digital assets, AI, regulation, retirement innovation and the future of wealth platforms. Elad spoke on a panel entitled “The Shifting Rulebook: SEC Then & Now,” which reviewed the changes in SEC priorities, what’s to come and how to stay ahead of compliance challenges.
Activities
February 13, 2026
Scott Bennett, Elad Roisman, Nick Dorsey and Sasha Rosenthal‑Larrea Featured in Lawdragon’s “Lawyer Limelight” Series
On February 12, 2026, Cravath partners D. Scott Bennett, Elad Roisman, Nicholas A. Dorsey and Sasha Rosenthal‑Larrea were profiled in Lawdragon’s “Lawyer Limelight” series in connection with the Firm’s work for “companies at the forefront of innovation in digital assets, AI, fintech, biotech, media and emerging technologies.”
Activities
January 27, 2026
Elad Roisman Speaks at Northwestern’s 2026 Securities Regulation Institute
On January 26, 2026, Cravath partner Elad Roisman participated in Northwestern Pritzker School of Law’s 53rd Annual Securities Regulation Institute, which was held from January 26‑28 in Coronado, California. Elad spoke on a panel entitled “Accounting & Auditing: Hot Topics for 2026,” which reviewed the shifting regulatory landscape under new SEC leadership. The discussion covered staffing changes at the Commission, best practices for the SEC waiver and preclearance process and the current state of PCAOB auditing standards. The panel also addressed FASB disclosure updates for 2025 10‑Ks and 2026, as well as practical strategies for navigating non‑GAAP issues and recent accounting comment letter trends.
Publications
December 29, 2025
Section 16(a) Share Ownership and Transaction Reporting Obligations to Apply to Directors and Officers of Foreign Private Issuers from March 18, 2026
On December 23, 2025, Cravath prepared a memo for its clients entitled “Section 16(a) Share Ownership and Transaction Reporting Obligations to Apply to Directors and Officers of Foreign Private Issuers from March 18, 2026.” The memo examines the Holding Foreign Insiders Accountable Act and how directors and officers of foreign private issuers will be required to comply with the share ownership and transaction reporting obligations of paragraph (a) of Section 16 of the Securities Exchange Act of 1934 within 90 days of the enactment of the 2026 U.S. National Defense Authorization Act.
Activities
December 11, 2025
Elad Roisman Speaks at the Goldman Sachs Financial Services Conference 2025
On December 9, 2025, Cravath partner Elad Roisman participated in the Goldman Sachs Financial Services Conference 2025, which was held from December 9-10 in New York. The conference featured sessions with executives from many of the largest financials companies, across a variety of services such as Banking, Insurance, Asset Management, Capital Markets and Investment Banking, Real Estate and Specialty Finance. Elad spoke on a panel entitled “The Road Ahead: Regulatory and Legislative Outlook.”
Elad Roisman is a member of the Corporate Governance and Board Advisory Practice and the Financial Institutions Group (FIG) Practice and Co‑Head of the Digital Assets Practice. Prior to joining Cravath, Mr. Roisman was a Commissioner and Acting Chairman of the U.S. Securities and Exchange Commission (SEC).
Mr. Roisman represents clients on a broad range of complex regulatory and strategic initiatives, mergers and acquisitions and capital markets transactions, as well as on SEC and congressional investigations, exams and inquiries. His practice includes advising public and private companies and other SEC registrants on strategic initiatives, disclosure, compliance, ESG and general corporate law matters as well as other SEC requirements. In addition, Mr. Roisman applies his deep knowledge of market structure regulation to advise fintech companies, investors, exchanges, trading intermediaries and other financial institutions on day‑to‑day as well as emerging regulatory matters.
As a Commissioner and Acting Chairman of the SEC, Mr. Roisman played an instrumental role in shaping the agency’s rulemaking, enforcement and international work. He led the agency’s efforts to improve the proxy voting process, including amending the rules applicable to shareholder proposals and proxy solicitations. He also helped drive the SEC’s efforts to modernize the regulation of the U.S. equity markets and Treasury markets. Mr. Roisman represented the SEC before the U.S. Congress and other national and international regulatory entities, including the Financial Stability Oversight Council, the International Organization of Securities Commissions and the Financial Stability Board. During his tenure, Mr. Roisman voted on more than one hundred agency rulemakings, opinions, interpretations and guidance documents, and on over 1,000 enforcement actions, including some of the largest cases in the SEC’s history.
Mr. Roisman was appointed by the President and confirmed by the U.S. Senate to the SEC after serving as Chief Counsel for the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where he helped shepherd major legislation, conducted congressional oversight and investigations, and helped set the committee’s agenda. Previously, he served as Counsel to then‑SEC Commissioner Daniel M. Gallagher, Chief Counsel at NYSE Euronext and as a corporate lawyer in private practice in New York.
Mr. Roisman is among the most influential voices at the intersection of law and policy, contributing his deep expertise to the discussions shaping the framework underlying new and evolving legal issues that arise with emerging technologies in a global economy. He has been named multiple times to Washingtonian’s List of “Washington DC’s 500 Most Influential People,” which highlights individuals outside of the White House “with deep subject-matter expertise who understand how to effectively drive action in Washington; those who grasp the nuances and complexities of specific policy areas; and experts in fields [the editors] believe will be particularly significant to the current slate of elected officials.”
Mr. Roisman is a frequent speaker, published author and thought leader on key legal and regulatory issues facing SEC registrants including those relating to market structure, corporate governance, public company and ESG‑related disclosures, digital assets, artificial intelligence and other emerging technologies. He has testified before Congress as a subject‑matter expert on several occasions, including recently on the SEC’s final rules requiring climate‑related disclosures for public companies, as well as on the Digital Asset Market Clarity Act of 2025 in a hearing entitled “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework,” which sets forth a proposed digital asset market structure framework. In addition, Mr. Roisman is a recurring speaker and moderator on SEC and industry‑led roundtables.
Mr. Roisman grew up in Israel and New England. He received a B.A. cum laude from Cornell University in 2003 and a J.D. from Boston University School of Law in 2006.
Mr. Roisman represents clients on a broad range of complex regulatory and strategic initiatives, mergers and acquisitions and capital markets transactions, as well as on SEC and congressional investigations, exams and inquiries. His practice includes advising public and private companies and other SEC registrants on strategic initiatives, disclosure, compliance, ESG and general corporate law matters as well as other SEC requirements. In addition, Mr. Roisman applies his deep knowledge of market structure regulation to advise fintech companies, investors, exchanges, trading intermediaries and other financial institutions on day‑to‑day as well as emerging regulatory matters.
As a Commissioner and Acting Chairman of the SEC, Mr. Roisman played an instrumental role in shaping the agency’s rulemaking, enforcement and international work. He led the agency’s efforts to improve the proxy voting process, including amending the rules applicable to shareholder proposals and proxy solicitations. He also helped drive the SEC’s efforts to modernize the regulation of the U.S. equity markets and Treasury markets. Mr. Roisman represented the SEC before the U.S. Congress and other national and international regulatory entities, including the Financial Stability Oversight Council, the International Organization of Securities Commissions and the Financial Stability Board. During his tenure, Mr. Roisman voted on more than one hundred agency rulemakings, opinions, interpretations and guidance documents, and on over 1,000 enforcement actions, including some of the largest cases in the SEC’s history.
Mr. Roisman was appointed by the President and confirmed by the U.S. Senate to the SEC after serving as Chief Counsel for the U.S. Senate Committee on Banking, Housing, and Urban Affairs, where he helped shepherd major legislation, conducted congressional oversight and investigations, and helped set the committee’s agenda. Previously, he served as Counsel to then‑SEC Commissioner Daniel M. Gallagher, Chief Counsel at NYSE Euronext and as a corporate lawyer in private practice in New York.
Mr. Roisman is among the most influential voices at the intersection of law and policy, contributing his deep expertise to the discussions shaping the framework underlying new and evolving legal issues that arise with emerging technologies in a global economy. He has been named multiple times to Washingtonian’s List of “Washington DC’s 500 Most Influential People,” which highlights individuals outside of the White House “with deep subject-matter expertise who understand how to effectively drive action in Washington; those who grasp the nuances and complexities of specific policy areas; and experts in fields [the editors] believe will be particularly significant to the current slate of elected officials.”
Mr. Roisman is a frequent speaker, published author and thought leader on key legal and regulatory issues facing SEC registrants including those relating to market structure, corporate governance, public company and ESG‑related disclosures, digital assets, artificial intelligence and other emerging technologies. He has testified before Congress as a subject‑matter expert on several occasions, including recently on the SEC’s final rules requiring climate‑related disclosures for public companies, as well as on the Digital Asset Market Clarity Act of 2025 in a hearing entitled “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework,” which sets forth a proposed digital asset market structure framework. In addition, Mr. Roisman is a recurring speaker and moderator on SEC and industry‑led roundtables.
Mr. Roisman grew up in Israel and New England. He received a B.A. cum laude from Cornell University in 2003 and a J.D. from Boston University School of Law in 2006.
Education
-
J.D., 2006, Boston University School of Law
-
B.A., 2003, Cornell Universitycum laude
Admitted In
- New York
- District of Columbia
Rankings
Lawdragon
- 500 Leading Lawyers in America (2026, 2025)
- 500 Global Leaders in Crisis Management (2026, 2025)
The Legal 500 US
- Financial Services Regulation (2023)
Washingtonian
- Washington DC’s 500 Most Influential People (2025, 2024)
Deals & Cases
January 23, 2026
BitGo’s IPO
Cravath represented the underwriters in connection with the $212.8 million initial public offering of class A common stock of BitGo Holdings, Inc. (“BitGo”), a leading infrastructure provider of digital asset solutions for businesses, offering solutions including custody, wallets, staking, trading, settlement and digital asset management. The shares were listed on the New York Stock Exchange. The transaction closed on January 23, 2026.
Deals & Cases
December 09, 2025
Paramount’s $108.4 Billion All‑Cash Tender Offer to Acquire Warner Bros. Discovery, Inc.
On December 8, 2025, Paramount, a Skydance Corporation (“Paramount”), announced it has commenced an all-cash tender offer to acquire all of the outstanding shares of Warner Bros. Discovery, Inc. (“WBD”) for $30.00 per share in cash, equating to an enterprise value of $108.4 billion. Paramount’s proposed transaction is for the entirety of WBD, including the Global Networks segment. Cravath is representing Paramount in connection with the transaction.
Deals & Cases
October 01, 2025
TXSE Group Secures SEC Approval of Texas Stock Exchange
On September 30, 2025, TXSE Group Inc (“TXSE Group”) announced that the U.S. Securities and Exchange Commission (“SEC”) has formally approved the Texas Stock Exchange’s Form 1 registration to operate as a national securities exchange. Cravath represented TXSE Group in connection with this matter.
Activities
February 25, 2026
Elad Roisman Speaks at NICSA’s 2026 Strategic Leadership Forum
On February 24, 2026, Cravath partner Elad Roisman participated in the National Investment Company Service Association’s 2026 Strategic Leadership Forum, which was held from February 23‑25 in Miami, Florida. The event featured deep dive conversations on the topics of digital assets, AI, regulation, retirement innovation and the future of wealth platforms. Elad spoke on a panel entitled “The Shifting Rulebook: SEC Then & Now,” which reviewed the changes in SEC priorities, what’s to come and how to stay ahead of compliance challenges.
Activities
February 13, 2026
Scott Bennett, Elad Roisman, Nick Dorsey and Sasha Rosenthal‑Larrea Featured in Lawdragon’s “Lawyer Limelight” Series
On February 12, 2026, Cravath partners D. Scott Bennett, Elad Roisman, Nicholas A. Dorsey and Sasha Rosenthal‑Larrea were profiled in Lawdragon’s “Lawyer Limelight” series in connection with the Firm’s work for “companies at the forefront of innovation in digital assets, AI, fintech, biotech, media and emerging technologies.”
Activities
January 27, 2026
Elad Roisman Speaks at Northwestern’s 2026 Securities Regulation Institute
On January 26, 2026, Cravath partner Elad Roisman participated in Northwestern Pritzker School of Law’s 53rd Annual Securities Regulation Institute, which was held from January 26‑28 in Coronado, California. Elad spoke on a panel entitled “Accounting & Auditing: Hot Topics for 2026,” which reviewed the shifting regulatory landscape under new SEC leadership. The discussion covered staffing changes at the Commission, best practices for the SEC waiver and preclearance process and the current state of PCAOB auditing standards. The panel also addressed FASB disclosure updates for 2025 10‑Ks and 2026, as well as practical strategies for navigating non‑GAAP issues and recent accounting comment letter trends.
Publications
December 29, 2025
Section 16(a) Share Ownership and Transaction Reporting Obligations to Apply to Directors and Officers of Foreign Private Issuers from March 18, 2026
On December 23, 2025, Cravath prepared a memo for its clients entitled “Section 16(a) Share Ownership and Transaction Reporting Obligations to Apply to Directors and Officers of Foreign Private Issuers from March 18, 2026.” The memo examines the Holding Foreign Insiders Accountable Act and how directors and officers of foreign private issuers will be required to comply with the share ownership and transaction reporting obligations of paragraph (a) of Section 16 of the Securities Exchange Act of 1934 within 90 days of the enactment of the 2026 U.S. National Defense Authorization Act.
Activities
December 11, 2025
Elad Roisman Speaks at the Goldman Sachs Financial Services Conference 2025
On December 9, 2025, Cravath partner Elad Roisman participated in the Goldman Sachs Financial Services Conference 2025, which was held from December 9-10 in New York. The conference featured sessions with executives from many of the largest financials companies, across a variety of services such as Banking, Insurance, Asset Management, Capital Markets and Investment Banking, Real Estate and Specialty Finance. Elad spoke on a panel entitled “The Road Ahead: Regulatory and Legislative Outlook.”
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