OG.com - Legal Counsel - Capital and Prediction Markets
- Compensation
- $125K–$175K / yr
- Location
- Chicago,IL
- Work setup
- Hybrid
- Seniority
- Not specified
- Employment
- Contract
- Experience
- 3+ years
- Category
- Legal
- Posted
Skills
Must have
- Qualified/licensed lawyer with 3 to 5 years of experience in financial product legal and regulatory work handling issues for SEC-regulated clients in a major law firm or as a licensed entity (broker-d
- Excellent knowledge of US financial laws and regulatory structures and track record of maintaining licenses and building products and operations under these frameworks, as well as the cross-border int
- Familiarity with industry practices and professional standards.
- Excellent English verbal and written communication skills.
- Strong organizational/project management skills, ability to handle high volume and balance competing demands.
- Ability to concisely and effectively communicate with business teams and management.
- Ability to develop and maintain relationships with stakeholders.
- Willingness to accommodate calls and meetings with different time zones when required.
- Able to identify problems, issues and able to propose solutions.
Full description
About Us
is a fast-growing, CFTC-regulated Prediction Market platform powered by cutting-edge technology. We’re building an engaging marketplace where users trade on real-world outcomes - from major sports and elections to cultural and financial events. With a sleek mobile-first app and a passionate community, we’re redefining how people interact with news, probabilities, and financial markets. runs on the rails of North American Derivatives Exchange, Inc. (NADEX), a CFTC-regulated exchange operating since 2004 and was acquired by in 2022.
OG.com is seeking to hire a Legal Counsel - Capital and Prediction Markets in the United States. OG.com was created from the innovative technology and product expertise of Crypto.com, which remains a key partner of OG.com.
The Legal Team provides legal and regulatory advice to ensure that all products and services offered by OG.com and the partners of OG.com, including Crypto.com are compliant per U.S. law and regulations, including the U.S. Securities laws and the regulations of the U.S. Securities and Exchange Commission (SEC).
The Legal Team interfaces externally with regulators and service providers in order to demonstrate compliance with applicable law and regulation for OG.com. This role will report to the Chief Legal Officer in the U.S. The primary focus for this role will be to serve as the Legal Team’s expert on the SEC law and regulations applicable to National Securities Exchanges and broker-dealers, as well as the intersection of securities laws with prediction markets and jointly regulated derivatives products offered by OG.com and its CFTC-registered exchange, clearinghouse, futures commission merchant, and affiliated introducing brokers.
The Legal Team provides proactive and solution-oriented legal and regulatory advice and guidance to multiple stakeholders to enable the development and launch of OG.com products and services in a way that meets our obligations as well as the needs of our customers. Work cross-functionally to identify, analyze, and mitigate legal and regulatory risks (while maximizing commercial opportunities) related to the introduction of new products and services. Also represents OG.com on a variety of topics before regulators, financial partners, and other external audiences.
Responsibilities
- You will be part of the OG.com Legal Team handling legal and regulatory matters for SEC registered businesses in the US.
- Expertise in the following areas, including the interaction of these rules and regulations in both the US and on a cross-border basis (primarily Europe), will be key for this role: Securities laws and SEC regulations and FINRA rules and regulations. Some experience or familiarity with CFTC law and regulations, as well as NFA rules and regulations is beneficial.
- Focus on legal and regulatory matters involving a diverse range of financial instruments, including securities products, tokenized securities, single stock futures, equity perpetuals, prediction markets, derivatives, and the extent of offering various products within these schema and the regulatory requirements of such financial instruments.