Skip to Content

Alumni Spotlight: Chris Sacco, Executive Director - Legal and Compliance, Morgan Stanley



Update us on your current role.

I am currently an executive director in the legal and compliance group at Morgan Stanley. My team is responsible for covering all FINRA arbitrations involving branches/brokers in the Southeast Region, and covering retail-related regulatory inquiries both within our region and firmwide.


What is the most interesting trend in your industry?

The SEC has signaled a more aggressive enforcement stance under Gary Gensler’s leadership. What this might mean for Morgan Stanley and the Street at large remains to be seen, but the regulatory environment is definitely more active.


What did your time at Carlton Fields teach you?

I am still an active litigator, and I credit my success to the training I received from some great trial lawyers during my time with the firm – Tom Roehn, Nancy Faggianelli, Steve Dupre, Ellen Lyons, just to name a few.


What keeps you motivated?

Counseling! In my current role, I not only manage several matters but also counsel the business on the various things I’ve learned while managing those matters. Those insights help to shape policy and practice going forward. It’s the part of my job I most enjoy, because it makes me feel like an integral component to the overall success of Morgan Stanley.


What advice would you give to attorneys considering a career in your industry?

I think you really have to love and embrace the financial services world. There is an expectation on the business side that our lawyers will have a working understanding of the financial markets and specifically Morgan Stanley’s (and, now, E-Trade’s) role in those markets. This could also apply more broadly to any industry — expect to immerse yourself in the business.


What do you enjoy doing when you are not working?

I’m an avid runner, although the time I have to devote to running is severely crimped by my 3-year-old! So I guess my answer is “raising a 3-year-old son.”


What is your favorite book/movie/TV show/podcast?

My favorite book is Revolutionary Road by Richard Yates. I love his plaintive writing style, and I think the book best captures how the America we live in today was shaped by the mass exodus to suburbia in the 1950s.


What is one thing that is on your bucket list?

To learn to speak Italian fluently so that I can retire on a vineyard in Tuscany!

©2024 Carlton Fields, P.A. Carlton Fields practices law in California through Carlton Fields, LLP. Carlton Fields publications should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information and educational purposes only, and should not be relied on as if it were advice about a particular fact situation. The distribution of this publication is not intended to create, and receipt of it does not constitute, an attorney-client relationship with Carlton Fields. This publication may not be quoted or referred to in any other publication or proceeding without the prior written consent of the firm, to be given or withheld at our discretion. To request reprint permission for any of our publications, please use our Contact Us form via the link below. The views set forth herein are the personal views of the author and do not necessarily reflect those of the firm. This site may contain hypertext links to information created and maintained by other entities. Carlton Fields does not control or guarantee the accuracy or completeness of this outside information, nor is the inclusion of a link to be intended as an endorsement of those outside sites.


The information on this website is presented as a service for our clients and Internet users and is not intended to be legal advice, nor should you consider it as such. Although we welcome your inquiries, please keep in mind that merely contacting us will not establish an attorney-client relationship between us. Consequently, you should not convey any confidential information to us until a formal attorney-client relationship has been established. Please remember that electronic correspondence on the internet is not secure and that you should not include sensitive or confidential information in messages. With that in mind, we look forward to hearing from you.