Morgan Lewis

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Twin reports provide a roadmap to best practices.
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Related Events

03/15/15-03/18/15 Compliance and Legal Society Annual Seminar 2015 Phoenix, AZ
Steven W. Stone, panelist
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08/08/11 Advisers' Little Secret: Their Past Results, The Wall Street Journal
Investment Management partner Steve Stone discusses how published performances are rare among advisers who work with individual investors.
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Photo of  Steven W. Stone

practice accolades

Investment Management

Ranked, National Tier 1: Securities/Capital Markets Law, U.S. News and Best Lawyers (2015)

Ranked: Investment Fund Formation and Management: Mutual/Registered Funds in The U.S. Legal 500 (2014)

Ranked: Financial Services Regulation: Broker-Dealer Regulation in Chambers USA (2014)

Ranked: Investment Funds: Registered Funds in Chambers USA (2014)

Private Investment Funds

Ranked "#1 Most Active Law Firm" globally, based on the number of private equity funds worked on for limited and general partners, by Dow Jones Private Equity Analyst (2013) 

Ranked, National Tier 1: Private Funds/Hedge Funds Law, U.S. News and Best Lawyers (2013)

honors + affiliations

Listed, Chambers USA: America's Leading Lawyers for Business (2005–2014)

Listed, Investment Fund Formation and Management: Mutual Funds in The US Legal 500 (2009–2014)

Listed, "Guide to the World's Leading Investment Funds Lawyers," International Financial Law Review/Expert Guides (2008)

Listed, Washington, D.C. Super Lawyers (2008)

Member, American Bar Association, Business Law Section

Editorial Board Member, Practical Compliance & Risk Management

Advisory Board Member, Wall Street Lawyer & Journal of Performance Measurement

Former Managing Editor, The George Washington Law Review

Former Associate Editor, Consumer Protection Reporting Service

bar admissions

  • District of Columbia
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Steven W. Stone

Washington, D.C.
1111 Pennsylvania Ave., NW
Washington, DC 20004-2541
United States
Phone: +1.202.739.5453
Fax: +1.202.739.3001

Steven W. Stone is the leader of Morgan Lewis's Financial Institutions Practice. He is a member of the firm's Advisory Board and has also served as the Managing Partner of the firm's Washington, D.C. office. Mr. Stone’s practice focuses on broker-dealer and investment manager regulation and enforcement defense and regulation of the capital markets. Mr. Stone has a broad background in broker-dealer and investment management regulation, representing major investment banks, broker-dealers and investment managers in a wide range of matters.

Mr. Stone counsels clients on a wide variety of regulatory and transactional matters, including development of innovative products and services; regulation and operation of separately managed account (or wrap fee) programs and hedge funds; trading issues affecting both broker-dealers and investment advisers; soft dollar arrangements; SEC, FINRA and state investigations, and enforcement actions; mergers and acquisitions and joint ventures involving broker-dealers and investment advisers; interpretive and "no-action" letter requests; insider trading issues; and related matters.

Mr. Stone is listed in The US Legal 500 and Chambers USA: America's Leading Lawyers for Business. Mr. Stone has been named by Chambers as one of the leading U.S. lawyers for investment management and broker-dealer law and was recognized as "one of the best in the field."

Mr. Stone is admitted to practice in the District of Columbia.


  • George Washington University National Law Center, 1988, J.D.
  • Bates College, 1983, B.A.