Prior to joining Faegre Drinker, Walé served as senior counsel in the SEC’s Division of Investment Management Rulemaking Office. In that role, he participated in the development of policy and rulemaking relating to investment advisers and investment companies, most recently the adoption of the IABD rulemaking package, proposal stage of the rules related to investment companies and investment advisers to address matters relating to ESG factors, amendments to the Custody Rule for investment advisers and amendments to the Funds Name Rule. He also served as principal staff counsel for the ESG Subcommittee and the Diversity and Inclusion Subcommittee of the SEC’s Asset Management Advisory Committee, where he provided technical, governance and compliance guidance to members of the committee, including industry experts representing the views of retail and institutional investors, small and large funds, intermediaries and other market participants.
Additionally, he served as staff counsel for the SEC’s Strategic Hub for Innovation and Financial Technology (FinHub). In that capacity, Walé engaged with industry participants in the potential development of cryptocurrencies and cryptocurrency-related investment services and products.
His other role during his tenure with the SEC include serving as attorney-adviser in the Office of Investor Education and Advocacy, where Walé was part of a team that expanded the office’s investor education offerings to a diverse retail investor population and completed assessments of the Office’s investor engagement outcomes.
Walé was a co-chair and chair of the SEC’s African American Council (2018 – 2021) where he worked with senior officers and the SEC’s Office of Minority and Inclusion to foster diversity, equity and inclusion at the SEC. In 2020, he was awarded the Chairman’s Award for excellence.
Prior to joining the SEC, Walé worked in the Office of Fraud Detection and Market Intelligence at FINRA. There, he conducted investigations of potential violations of securities law and FINRA rules by examining public statements, stock promotional materials and trading data.
Before attending law school, Walé worked as a finance and insurance manager at an automobile company ensuring all monetary transactions were compliant with Office of Foreign Assets Control (OFAC) regulations.
Walé practices the Afro-Brazilian martial art Capoeira – a style that combines elements of dance, acrobatics and music. He is an avid traveler and supports Chelsea Football Club in the Barclays Premier League.