Mr. Marcuse, also 34, is the in-house regulatory counsel at Gruntal & Company, the investment services company in New York.

Mr. Davidow, chief regulatory counsel for AT&T in New York, said the test also turned Bell Atlantic's incentives upside down.

They began talking about Whitewater: "It to me cries out for the appointment of a regulatory, independent counsel," Dole said.

He has provided legislative and regulatory counsel on corporate mergers, professional and amateur sports, commercial aviation, utilities and banking regulation, and legal process reforms.

Kirkland & Ellis is serving as both the transaction and the regulatory counsel for Constellation.

Her father is the regulatory counsel for the Antitrust Division of the Justice Department in Washington.

Apart from the manner of their appointment, there are few differences between a regulatory independent counsel appointed by the Attorney General and one appointed by the judges.

The bridegroom's stepmother, Robin Carlin, is the assistant regulatory counsel at Joseph E. Seagram & Sons, the liquor and entertainment company in New York.

Don Elardo, MCI's regulatory counsel, said the company files tariffs for all standard services but chooses not to file them for specialized services offered under a contract.

Still, Ann vom Eigen, the title association's legislative and regulatory counsel, said she was struggling with how to respond to FinCEN.