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Regulatory Legal Intern

LTSERemote

About Us


Are you looking to make a meaningful impact through your work? Join us at the Long-Term Stock Exchange (LTSE).  We are an SEC-registered national securities exchange designed to promote fair and orderly markets, as well as help long-term focused companies get the credit they deserve.  We are an  innovative business ecosystem dedicated to reimagining the role of capital markets for a more equitable and sustainable future. At LTSE, we work with companies to identify long-term investors that will value their efforts to prioritize sustainable, long-term growth.  As part of our team, you will have the opportunity to leverage your diverse background and skills toward a compelling mission that delivers tangible results.

By supporting businesses in creating multi-stakeholder value, we generate a positive ripple effect that benefits communities, employees, and beyond.Founded by Eric Ries, a visionary entrepreneur and creator of the Lean Startup methodology, LTSE offers a unique and rewarding environment where you can contribute to building a better future for all. Apply today.

The Role


LTSE’s Regulatory Legal Intern will be a member of the Exchange’s regulatory and compliance team. This position will work side by side with a senior team with decades of legal and regulatory expertise, and provide exposure to SEC and FINRA rules and regulations. This is a unique opportunity to work part-time (minimum 8-10 hrs/week) during the spring (Q1-Q2), and full-time intern position for the 2025 summer, with an opportunity to convert to full-time employment. This position is fully remote, but a New York City (NYC)-based hire will have access to our office.Note: Due to business needs, we will only be considering candidates who reside in Central or Eastern US time zones.

Hiring Timeline


  • Applications will be accepted through January 3, 2025
  • Outreach to candidates for scheduling interviews will begin the week of January 6, 2025

Responsibilities


  • Assisting in the drafting and filing of rule changes and amendments with the SEC 
  • Assist with the preparation of documents and replying to regulatory inquiries
  • Research of SEC and competitor exchanges’ rules and notices
  • Research various securities rules and regulations 
  • Assist with the FINRA Regulatory Services meetings and document management
  • Assist with the Exchange’s  internal  policies and procedures

Required Skills and Abilities


  • Excellent communication and analytical skills
  • Willingness to take on new initiatives
  • Excellent organizational skills and attention to detail
  • Ability to independently create and maintain processes
  • Ability to generate new approaches and improve existing processes
  • Ability to work well in a cross-functional setting
  • Ability to flex with changing priorities and periodic tight deadlines

Education and Experience


  • At least a second year law student with interest in regulatory and legal work 
  • Prior experience working in a professional environment
  • Prior experience creating legal and compliance documents from concept through implementation; record-keeping is a plus
  • Previous experience with, or exposure to, the SEC or a regulated environment is a plus

LTSE's Compensation Philosophy 


LTSE is focused on supporting diversity, equity, inclusion and creating a new standard for how other companies should reward their employees. In order to support equitable pay and ensure there’s no bias in our compensation process, our philosophy is based on the work being performed. To determine the compensation for the role, we use a data-driven, blended rate approach to ensure we are paying competitively among our peers by benchmarking to companies of similar size and stage and hire at the 50th percentile (midpoint) of the salary range. 

Compensation for this role is $25 per hour, with opportunity for reassessment upon conversion to full-time. LTSE will also sign off on work credits for school.


Benefits


Some benefits may only be available for full-time employees. Please check with your recruiter to find out which benefits you are eligible for.

  • Drive Innovation. Make an impact working with a mission-driven company that shares your desire to create a new kind of public market.
  • Meet Great People. Work with skilled, committed, and supportive teammates, that have a commitment to diversity, equity, and inclusion.
  • Achieve Balance. Enjoy the LTSE commitment to a sustainable remote-first work environment, including a flexible vacation policy that requires full-time team members to take a minimum of four weeks vacation per year.
  • Prioritize Health. Take charge of your health with rich medical, dental, vision, and EAP benefits. 100% of employee costs are sponsored by LTSE and there is a small, fixed employee contributions for dependent costs.
  • Focus on Family. All new parents receive up to 4 months of caregiver leave including 8 weeks of full salary continuation, all while keeping your full company-sponsored benefits for up to the full 4 months.
  • Foster Growth. Receive up to $1500 annually towards continuing education and development.
  • Invest in Savings. Enroll in our 401k program offered through Human Interest, and other benefit programs offered through Gusto.
  • Give Back Donate to organizations of your choice and LTSE will match up to $600 per year.
  • Get Started. Launch quickly with your company provided laptop, cell phone reimbursement, and $500 home-office stipend.

LTSE offers remote employment to candidates who reside in select states.LTSE is committed to championing the inclusion of women and underrepresented employees at the earliest stages of the company’s life. We believe that inclusion is a team effort, and every team member is expected to participate in building a welcoming and representative culture.LTSE is an equal opportunity employer. We do not discriminate based on race, ethnicity, color, ancestry, national origin, religion, sex, sexual orientation, gender identity, age, disability, veteran, genetic information, marital status or any other legally protected status.We enthusiastically work to make our application and interview processes accessible for candidates with disabilities.

Life at LTSE

LTSE Equity enables easy cap table creation and management, transparent ownership tracking for all stockholders, 409A valuations, stock plan management, and powerful round and exit modeling. Companies own and control their data. Visit our website: https://equity.ltse.com/
Thrive Here & What We Value1. Diversity, equity, inclusion2. Remote employment (select states)3. Women and underrepresented employees' inclusion4. Equal opportunity employer5. Accessibility for disabled candidates in application/interview processes
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