Philip S. Khinda

Partner

• pkhinda@steptoe.com
• vCard
• Washington Office

Philip S. Khinda is a partner in the Washington office of Steptoe & Johnson LLP, where he is a member of the Litigation department. He focuses on securities enforcement, corporate governance, and regulatory matters.

Mr. Khinda advises and represents public companies, their officers and directors, regulated entities, hedge funds, and others in US Securities and Exchange Commission and other law enforcement investigations, as well as in securities litigation and criminal proceedings. Mr. Khinda also regularly assists corporate boards and management in conducting internal investigations and addressing sensitive corporate governance issues. He has particular expertise in resolving matters involving governance, financial reporting, investment management, and regulatory compliance issues, both in the US and overseas.

Mr. Khinda has represented and advised individual, corporate, and board committee clients in connection with many of the most significant securities matters in the last decade, including publicly-disclosed government investigations and litigation involving Rite Aid, Enron, Adelphia, AOL Time Warner, and Global Crossing, among others, appearing before US and international securities regulators on their behalf. Over the last five years, he also assisted a series of mutual fund boards and board committees that investigated matters underlying the highest-profile and most complex government investigations and actions ever to face the investment management community.

Mr. Khinda is as well known for the many government investigations and inquiries he has resolved for clients without any charges ever being filed, or any public disclosure of the government's interest ever being made. Those clients have included a broad group of public companies, private equity firms, hedge funds, and investment advisers as well as corporate executives and public figures. While Mr. Khinda has served as successor and settlement counsel for a variety of institutional and individual clients, no corporation or individual that he has represented from the outset of an investigation has ever been sued by the SEC or indicted. 

Mr. Khinda serves as co-chair of the Investigations and Litigation subcommittee of the ABA’s Corporate Governance committee. For the last ten years, he has also served as an adjunct professor of law at Georgetown University, and has published and taught on financial reporting and accounting, corporate governance, crisis management, securities regulation, and SEC enforcement matters. He is a frequent public speaker on these topics as well.

Earlier in his career, Mr. Khinda served as a staff attorney and senior counsel with the US Securities and Exchange Commission's Division of Enforcement, where he led a number of high-profile and other sensitive investigations, including financial fraud, investment management, market manipulation, and insider trading matters. He was previously an analyst and associate with Morgan Stanley & Company in New York. 

Select News & Events

• Philip Khinda Quoted in Law360's article "The Economic Crisis and the SEC: Moving Forward"
• Philip Khinda Joins Steptoe's DC Office
• Internal Investigations, Stanford Directors' College, Palo Alto, California (June 2007)
• Co-Chair, Executive Enterprise Institute Annual SEC Enforcement Conference, Moderator of SEC Enforcement Staff Panel and presenter on Corporate Governance (Chicago, June 2007 and New York, May 2007)
• Regulatory Challenges Facing the Investment Management Community, Investment Company Institute Annual Conference, Palm Desert, California (March 2007)
• Sarbanes-Oxley Certification Requirements, Practicing Law Institute/EEI Advanced SEC Reporting and Sarbanes-Oxley Compliance Conference (New York, June and November 2006; Chicago, September 2005 and 2006; Las Vegas, April 2005)
• Beyond Sarbanes-Oxley: The Growing Scrutiny of Market Disclosures of FDA Developments, BIO CEO and Investor Conference, New York (February 2004)
• Dealing with Internal Investigations, Bay Area General Counsels Luncheon, San Francisco, California (November 2003)