Sarah Mallett is a partner in the Government, Regulatory & Internal Investigations Practice Group in the Dallas office of Kirkland & Ellis LLP. Sarah is a former Assistant Director in the United States Securities and Exchange Commission’s (SEC) Division of Enforcement and an experienced litigator who focuses on advising and representing public companies, private equity firms, asset managers, financial institutions, and other entities and individuals facing government, regulatory, or internal investigations, examinations and enforcement proceedings. Sarah brings clients a current and insider’s view on how to best navigate SEC investigations, examinations and rulemaking.

During her more than seven years at the SEC, Sarah supervised or served as the primary attorney on countless investigations, including multiple complex and high-profile enforcement actions, national priority investigations, sweep investigations and parallel investigations with the Department of Justice, FINRA, and other federal or state regulatory and law enforcement authorities. She also served on multiple of the Division’s national working groups and contributed to the drafting of the SEC’s SPAC rulemaking. The SEC has recognized Sarah with numerous awards for her work. In 2022, Sarah was an individual recipient of the Division’s Ellen B. Ross Award for “exemplary commitment, enthusiasm and performance” and a team recipient of the Chair’s Award for Investor Protection. In 2021, Sarah received an inaugural Performance Incentive Bonus Award for an “extraordinary and rare level of performance,” and she received a Director’s Award in 2017. Sarah’s understanding of the SEC’s processes and priorities and her broad experience with the federal securities laws make her uniquely positioned to offer key insights to prevent or minimize clients’ regulatory exposure and to work productively with SEC staff to protect her clients’ interests.


Thought Leadership

Speaking Engagements

“Navigating SEC Cyber Disclosure Rules,” Society for Corporate Governance, December 2023

“Broker-Dealers - SEC & FINRA Enforcement Trends,” NSCP National Conference, October 2023

“Executive Compensation, Clawbacks, and Other Compensation Concerns,” Government Enforcement Institute, September 2023

“Crypto Assets and the Regulatory Landscape,” University of Houston-Houston Money Week, April 2023

“SPACs: Enforcement Techniques and Liability Theories,” Southwest Securities Conference, November 2022

“Conversations on Women’s Financial Literacy,” U.S. Securities and Exchange Commission’s Podcast, September 2022

“Developments in Alternative Investments panelist,” Southwest Securities Conference, March 2021

“How to Succeed in SEC Administrative Proceedings,” Bloomberg BNA Live Webinar, November 2015


While at the SEC, Sarah was honored with the following awards:

  • Individual Recipient, Ellen B. Ross Award, 2022
  • Team Member Recipient, Chair’s Award for Investor Protection, 2022
  • Inaugural Performance Incentive Bonus Award, 2021
  • Annual Enforcement Director’s Award, 2017

Memberships & Affiliations

Fellow, Texas Bar Foundation

Associate Member, Higginbotham Inn of Court, 2014–2015


Admissions & Qualifications

  • Texas


  • United States District Court for the Northern District of Texas
  • United States District Court for the Eastern District of Texas


  • SMU Dedman School of LawJ.D.cum laude2011

    SMU Law Review, Comment and Casenote Editor, 2010–2011; Staff Member, 2009–2010

    Dean’s Honors Scholarship Recipient

  • University of Texas at Austin, McCombs School of BusinessB.B.A., Finance2006