Professor of Law. Professor Laby earned his B.A. magna cum laude at the University of Pittsburgh in 1985, where he was elected to Phi Beta Kappa. He earned his J.D. magna cum laude at Boston University School of Law in 1989, where he served as an editor on the law review. Professor Laby clerked for the Honorable J. Frederick Motz in the District of Maryland. After clerking, he spent four years as an associate at Wilmer, Cutler & Pickering in Washington, D.C. In 1994, Professor Laby was awarded a Fulbright grant and lived for two years in Germany teaching at the Universität Augsburg and the Friedrich-Schiller-Universität in Jena. Upon returning to the United States, Professor Laby joined the staff of the U.S. Securities and Exchange Commission where he served from 1996 to 2005 in several positions, most recently as assistant general counsel. Professor Laby is a member of the American Law Institute and is the author of numerous articles and book chapters, including "Selling Advice and Creating Expectations: Why Brokers Should Be Fiduciaries" (Washington Law Review), " SEC v. Capital Gains Research Bureau and the Investment Advisers Act of 1940" (Boston University Law Review), and "Reforming the Regulation of Broker-Dealers and Investment Advisers" (The Business Lawyer).