Robert N. Rapp (B.A., J.D., Case Western Reserve University; M.B.A., Cleveland State University) is a partner in Calfee, Halter & Griswold LLP, Cleveland, Ohio. He regularly counsels market participants, particularly financial intermediaries such as broker-dealers, investment advisers and investment managers, on regulatory compliance and licensing matters, and he assists issuers of securities the regulatory aspects of fund formation and the offer and sale of securities in exempt transactions under state and federal securities laws.
Bob previously served as a member of the NASD Legal Advisory Board, and currently is a member of the Market Operations Review Committee for the NASDAQ Stock Market LLC, NASDAQ OMX-BX (the former Boston Stock Exchange and NASDAQ OMX-PHLX (the former Philadelphia Stock Exchange). A noted author and teacher in the area of law, theory and practice in financial markets, Bob is Distinguished Practitioner in Residence at the Case Western Reserve University School of Law, where he teaches Securities Regulation and Law, Theory and Practice in Financial Markets.
He is the author of Blue Sky Regulation, a comprehensive four-volume treatise on state securities regulation in the United States. He is a contributing author to other treatises dealing with the federal Securities Act of 1933, and New York’s Martin Act, and he has published numerous articles and papers appearing in law journals, online expert commentaries and other electronic media. His work has been cited in courts throughout the United States, including the U.S. Supreme Court.