Secore & Waller, L.L.P.
12222 Merit Drive, Suite 1350
Dallas, Texas 75251
972-776-0200
Areas of Practice
- Administrative Law
- Regulatory Enforcement
- Federal Trial Practice
- Securities Law
- Private Placements
- Public Offerings
- Securities Fraud
- Insider Trading
- State Securities Regulation
- Federal Securities Regulation
Education
- St. Mary's University of School of Law
- San Antonio, Texas
- J.D. 1976
- University of Illinois
- Champaign, Illinois
- B.A. 1973
- Major: Political Science
- Major: Economics
Bar Admissions
- Supreme Court of Texas
- U.S. Court of Appeals 5th Circuit
- U.S. District Court Northern District of Texas
- U.S. District Court Southern District of Texas
- U.S. District Court District of Arizona
- U.S. Supreme Court
- U.S. Tax Court
Professional Memberships
- State Bar of Texas: Securities, Corporations & Banking Law
- American Bar Assocation: Business Law Section & Committee on State Regulation of Securities and Committee on Federal Securities Regulation
- ABA Subcommittee on State Securities Enforcement
- Chair, Securities Committee for the American Assocation of Attorney-Certified Public Accountants
- Chair, Dallas Chapter of the American Association of Attorney-Certified Public Accountants
- Chair, ABA Subcommittee on State Securities Enforcement Matters 1993 - 2003
- Founding Chair, Dallas Bar Assocation Securities Law Section
Dan R. Waller
Partner
Summary of Practice: I am engaged in most facets of state and federal securities regulation, including the preparation of public and private offering documents, securities arbitration, defense of regulatory investigations and enforcement actions by the Securities and Exchange Commission, FINRA and state securities agencies, as well as counseling investment companies, investment advisers and broker-dealers concerning regulatory matters.
Expertise: Prior to forming Secore & Waller, L.L.P. in January 1995, I was a partner at Payne & Blanchard, L.L.P. and True Rohde & Sewell, P.C., both in Dallas, Texas. I was employed by the Texas State Securities Board from 1976 to 1980 and the United States Securities and Exchange Commission from 1981 to 1984. As an Assistant Director of Enforcement in the Dallas office of the Texas State Securities Board, I was responsible for the supervision, prosecution and investigation of state enforcement matters in North Texas. As a Branch Chief of Enforcement in the SEC's Fort Worth office, I was responsible for supervising federal investigation and enforcement efforts in a five-state area. Enforcement matters included cases involving insider trading, accounting fraud, fraud by reporting public companies, oil and gas fraud, broker-dealer regulation and bank fraud.
I am occasionally employed as an expert witness in litigation and arbitration matters with respect to securities law issues. Among the topics about which expert opinions have been sought in the past include broker-dealer supervision and regulation, civil liability under federal and state securities laws, resales of restricted stock under Rule 144, contract interpretation and liability of officers and directors of publicly-held companies.
I have served on several occasions as a court-appointed receiver at the request of the Texas State Securities Board and the Securities and Exchange Commission.
Publications
- Litigation of a Securities Transaction: The Plaintiff's Causes of Action, delivered March 6, 1987 at University of Texas Securities Regulation Conference, Austin, Texas.
- Litigation of a Securities Transaction: The Plaintiff's Causes of Action, delivered on March 11, 1988, at the University of Texas Conference on Securities Regulation and Business Law Problems, Austin, Texas.
- The Regulation of Financial Planners, delivered before Dallas Chapter of Texas Society of Certified Public Accountants, Committee on Financial Planning, September 8, 1988.
- Criminal Prosecution Under the Texas Securities Act, published in the September and December issues of Voice For the Defense, official journal of the Texas Criminal Defense Lawyers Association.
- Regulation of Investment Advisers and Financial Planners Under State and Federal Law, delivered before the Institute of Certified Financial Planners, July 14, 1990.
- An Overview of the Securities Enforcement Remedies and Penny Stock Reform Act of 1990, delivered on March 12, 1993, at University of Texas Conference on Securities Regulation and Business Law Problems, Dallas, Texas.
- Regulation D and Other Statutory Exemptions From Securities Registration, delivered on October 12, 1993, for National Energy Network Conference, Dallas, Texas.
- Securities Law Survey of Significant Federal Decisions, Texas Tech University Law Review, Annual Survey of Current Developments for 1993.
- Securities Law Survey of Significant Federal Decisions, Texas Tech University Law Review, Annual Survey of Current Developments for 1994.
- The Regulation of Investment Advisers and Financial Planners and The Investment Advisers Act of 1940, delivered before the Dallas/Fort Worth Society of the Institute of Certified Financial Planners, November 19, 1994.
- Lecturer, Pitfalls of Practice Before the Securities and Exchange Commission, delivered before the University of Texas Securities Regulation Conference held in Dallas, Texas, February 2003.
- Lecturer, SEC Enforcement Proceedings and Policies - The Defense Perspective, delivered before the SEC Enforcement Training Seminar held in Fort Worth, Texas, September 2003.