As the Founder and Principal of Ferrari & Associates, P.C., Mr. Ferrari represents U.S. and foreign corporations, financial institutions, exporters, insurers, as well as private individuals in trade compliance, regulatory licensing matters, and federal investigations and prosecutions. He frequently represents clients before the United States Department of the Treasury's Office of Foreign Assets Control (OFAC), the United States Department of Commerce's Bureau of Industry and Security (BIS), and in federal courts around the country. With over 12 years of experience in national security law, exports control, and U.S. economic sanctions, he counsels across industry sectors representing parties in a wide range of matters from ensuring compliance to defending against federal prosecutions and pursuing federal appeals.
Mr. Ferrari's representations before OFAC frequently involve investigations concerning violations of the Iranian Transactions and Sanctions Regulations, the Cuban Assets Control Regulations, and the Counter Narcotics Trafficking Sanctions Regulations. As part of these representations, he has worked to have names removed from OFAC's Specially Designated Nationals and Blocked Persons List (SDN List), and OFAC administrative subpoenas issued during the course of an OFAC investigation, procure OFAC specific licenses to engage in transactions prohibited by OFAC, draft OFAC voluntary self-disclosures, develop and implement OFAC compliance programs for international import-export companies, and provide general counseling on OFAC related matters.
Mr. Ferrari has served as lead trial counsel on a number of complex federal criminal matters. He is a seasoned litigator that has obtained mistrials and acquittals for his clients in various matters including in prosecutions for smuggling, and International Emergency Economic Powers Act (IEEPA) based export control charges. He has also successfully handled mail and wire fraud cases, tax fraud cases, money laundering cases, espionage case, economic sanctions criminal cases, and federal criminal appeals. These representations have occurred in various courts across the United States and involved by U.S. and international clientele. He maintains a security clearance and has served as cleared counsel in national security cases.
Mr. Ferrari's civil litigation experience includes multiple lawsuits against OFAC arising from blocking both of assets, as well as those targeting parties under the Foreign Narcotics Trafficking Kingpin Designation Act (Kingpin Act). He has also represented clients in other contexts including in securities matters arising before the Commodities Futures Trading Commission (CFTC) and litigated in the U.S. District Court for the Southern District of New York, and in civil forfeiture proceedings.
Mr. Ferrari actively writes on OFAC administered trade sanctions and has been published on the matter. In addition, he is often called upon by media outlets to speak on U.S. trade sanctions issues. He has been interviewed on OFAC related issues by CNN, The New York Times, The Washington, Post, Forbes Magazine, and the Wall Street Journal. He is also the founder and Executive Editor of the U.S. economic sanctions blog and research site: www.sanctionlaw.com