Russel C. Weigel, III, Esq.
Mr. Weigel served Commonwealth Capital Advisors, LLC, and Commonwealth Capital, LLC, as Chief Legal Counsel between April 2014 and February 2020.
Mr. Weigel has been the Commissioner of the Florida Office of Financial Regulation since March 2020 and is not associated with Commonwealth Capital Advisors, LLC, or Commonwealth Capital, LLC, at this time. Mr. Weigel is also the former president of InvestmentAttorneys, P.A., a Florida-based securities law firm, from 2005 to 2020, where he handled both securities transactional and securities litigation matters. His focus included advising public and private company clients on capital raising transactions and mergers, preparing their SEC reports and registration statement filings, regulatory compliance matters for securities-industry participants, and defending clients involved in arbitrations and FINRA, SEC, and state securities enforcement matters. Mr. Weigel served as a securities lawyer for other law firms between 2001 and 2005.
Mr. Weigel is an AV-rated* securities attorney and has served both as a securities industry regulator and private practitioner since 1989. Mr. Weigel graduated from Vanderbilt University with a Bachelor of Arts in economics and from the University of Miami with a juris doctor degree. He is the author of Capital for Keeps, a book designed to help entrepreneurs plan a capital raise and minimize litigation risk and is a recurrent lecturer on securities law and ethics topics to the legal profession.
Between 1990 and 2001, Mr. Weigel worked for the Securities and Exchange Commission as an enforcement attorney. He supervised and conducted numerous investigations and litigated many civil injunctive and administrative proceedings nationwide. Most of his cases involved allegations of fraud, sales of unregistered non-exempt securities or regulatory compliance violations. Mr. Weigel also supervised investigations and litigated cases involving securities issuers’ Ponzi schemes and false financial reporting. The targets of Mr. Weigel’s cases typically were stock promoters, public companies, broker dealers, investment advisers, and stock transfer agents.
Mr. Weigel resides in greater Miami, FL.
* CV, BV, and AV are registered certification marks of Reed Elsevier Properties, Inc. in accordance with Martindale-Hubbell certification procedure's standards and policies. Martindale-Hubbell is the facilitator of a peer review process that rates lawyers. Ratings reflect the confidential opinions of members of the Bar and the Judiciary. Martindale-Hubbell ratings fall into two categories – legal ability and general ethical standards.