Regulatory and Compliance


Stephen Heifetz is a partner in the Washington, D.C., office of Wilson Sonsini Goodrich & Rosati, where he advises clients on laws and policies at the intersection of international business and national security.

Stephen previously served in the U.S. government on the Committee on Foreign Investment in the United States (CFIUS). He regularly helps clients determine whether to make a CFIUS filing and how to navigate the CFIUS process, including negotiating mitigation measures as needed to obtain CFIUS clearance. He has been involved in hundreds of CFIUS cases and currently represents the National Venture Capital Association in connection with rulemakings to implement CFIUS reform legislation.

Stephen also advises clients on other matters of legal compliance and political risk and defends companies facing investigations and government enforcement actions. He represents clients with regard to anti-money laundering laws administered by the Financial Crimes Enforcement Network and other financial regulators, as well as economic sanctions administered by the Office of Foreign Assets Control and by the UN Security Council. In addition, he has experience with anti-corruption and export control laws, with security screening rules applicable to visa applicants as well as airlines and other transportation companies, and with codes of conduct applicable to private security providers.

Prior to joining WSGR, Stephen was a partner at a multinational law firm based in Washington, D.C., where he co-chaired that firm's international regulation and compliance group. From 2006 to 2010, he served as a senior official in the U.S. Department of Homeland Security's (DHS) Office of Policy Development. In this role, he served as DHS's daily representative to CFIUS and also worked with DHS's agencies—including the Transportation Security Administration, U.S. Customs and Border Protection, and U.S. Immigration and Customs Enforcement—to develop policies on a range of issues.

After finishing law school, Stephen worked for the Central Intelligence Agency and later served as a trial attorney in the U.S. Department of Justice's Money Laundering and Asset Recovery Section.

Stephen previously was as an adjunct professor at Georgetown University Law Center, and he has published articles in many publications, including The New York Times, The Washington Post, and Law360.

  • J.D., Georgetown University Law Center, 1996
    Magna Cum Laude; Order of the Coif; Senior Articles Editor, Georgetown Law Journal; Olin Fellow, Law and Economics
  • A.B., Stanford University, 1993
    With Honors
  • Recognized among the country's top international trade CFIUS experts in the 2012-2019 editions of Chambers USA: America's Leading Lawyers for Business
  • Recognized in the International Trade: CFIUS U.S. experts category in the 2015-2019 editions of Chambers Global: The World's Leading Lawyers for Business
  • Honored among Washingtonian magazine's "Best Lawyers" in the national security category
  • Speaker, "Pre-Acquisition Planning: How Stakeholders Are Now Minimizing Known and Unknown Risks through Contractual, Financial, and Cybersecurity Measures," 4th National Forum on CFIUS and Team Telecom, American Conference Institute, January 31, 2018
  • CFIUS panel, Elevation Securities Seminar, September 14, 2017
  • CFIUS Session, FBI Information Sharing Initiative Conference, April 24, 2017
  • Foreign Investment Reviews and the New Administration, U.S.-China Business Council, March 23, 2017
  • "Foreign Investment in the U.S.: Obtaining CFIUS Approval," J.P. Morgan Special Situations Investor Forum, March 13, 2017
  • "A Contractor's Guide to Doing Business with the Department of Homeland Security," Federal Publications Seminars, November 9, 2016
  • "The U.S. Contractor's Guide to Doing Business in Israel," Federal Publications Seminars, July 27, 2016
  • Bar of the District of Columbia
  • State Bar of Maryland