[Congressional Record (Bound Edition), Volume 162 (2016), Part 4]
[Extensions of Remarks]
[Page 5774]
[From the U.S. Government Publishing Office, www.gpo.gov]


                  TRIBUTE TO RICHARD M. PHILLIPS, ESQ.

                                 ______
                                 

                           HON. JARED HUFFMAN

                             of california

                    in the house of representatives

                        Wednesday, May 11, 2016

  Mr. HUFFMAN. Mr. Speaker, I rise today to recognize my constituent 
Richard M. Phillips of Tiburon, California, upon his retirement from 
the law firm of K&L Gates LLP after 45 years of private practice. 
Throughout his lengthy career, Mr. Phillips has been a leader in the 
areas of securities regulation and enforcement. He spent his 
professional career in both government service and private practice, 
with a focus on the development and enforcement of our nation's key 
laws and regulations relating to the protection of investors and the 
securities marketplace.
   Mr. Phillips' career spans many years of public service, holding 
various positions within the U.S. Securities and Exchange Commission, 
including Assistant to the Chairman of the SEC, Assistant General 
Counsel, and Staff Director of SEC Corporate Disclosure and Investment 
Company Studies. He was recognized for his contributions to the 
development of securities law and for his service to the financial and 
SEC communities over the years when he was awarded the prestigious 
William O. Douglas Award by the SEC Alumni Association in 2001.
   In 1971, Mr. Phillips became a founding partner of the law firm of 
Hill, Christopher & Phillips of Washington, D.C., which eventually 
evolved into the current global law firm of K&L Gates LLP. Upon moving 
to Tiburon, California, with his wife Elda in 2000, Mr. Phillips co-
founded the San Francisco office of K&L Gates, where he built his 
practice in the areas of securities regulation and investment 
management, representing and guiding clients through the complexities 
of the securities laws.
   In addition to Mr. Phillips' many accomplishments in the area of 
securities law, he has been a prolific writer and lecturer and has 
served in leadership roles for various publications and organizations 
focused on securities regulation, both at the national level and around 
the globe. Notably, he co-authored, edited, and was a guiding force 
behind the first Securities Enforcement Manual: Tactics and Strategies 
which was published in 1997 by the American Bar Association Section of 
Business Law. The Manual combined the collective practical experience 
of Mr. Phillips and his law firm colleagues in helping guide 
experienced and novice lawyers through the thicket of strategic and 
tactical issues in securities enforcement practice. He co-edited the 
second edition in 2007. These books continue to be relied upon by 
practitioners in this area.
   Mr. Phillips has been a tremendous mentor and guide to younger 
lawyers in helping them develop their expertise, and has been a valued 
member of his law firm whose accomplishments will live on. I ask my 
colleagues to join me in paying tribute to Mr. Phillips for his record 
of accomplishment and public service and in extending best wishes to 
him and to his wife Elda upon the occasion of his retirement.




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