Financial Services
Reputation is a treasured asset for financial services organizations—which is why the industry's global, regional, mid-sized and community banks, broker-dealers, and specialty finance and Fintech firms trust Arnold & Porter to support their businesses. Our widely recognized Financial Services Regulatory team combines renowned regulatory, litigation and transactional capabilities with pragmatic problem-solving and results-driven determination to optimize our clients' options. We develop innovative structures and novel solutions to regulatory issues that allow clients to optimize their business strategy. To date, these efforts have led to favorable changes to agency rules and novel legal interpretations that have enabled our clients to offer new products and services, structure operations and expand the scope of their operations in an efficient manner, consistent with their business objectives.
Recognized Regulatory Excellence: Deep knowledge of all applicable financial services regulatory laws of the US as well as the views of the Basel Committee on Banking Supervision and the Financial Stability Board.
Comprehensive Coverage for Complex Issues: Counseling on structure and charter choices; governance; investigations and enforcement actions; financial products and services; applying agency guidance and statements of policy; obtaining regulatory approvals, registrations and licenses; and securing interpretations of existing statutes/rules.
Interdisciplinary Approach/Integrated Solutions: Decades of industry and sub-sector experience enhanced by insights from our market-leading corporate and finance; litigation; enforcement; public policy and legislative; antitrust/competition; tax, trusts, and estates; real estate, ERISA; employment; and IP practices.
Experience Highlights
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Clearing and settlement platform on blockchain-based private securities platform and related regulatory matters, as well as partnering and licensing arrangements with DLT platform provider.
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Cryptocurrency exchange in bank regulatory advice.
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Issuer of stablecoins with respect to BSA/AML and sanctions compliance matters.
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Large bank with national operations in its strategic relationship with Figure Technologies and as a founding member of the USDF consortium and launch of USDF stablecoin.
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Digital asset financial services provider in developing a congressional engagement campaign on digital asset regulation.
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Various financial institutions and payment processors on prime brokerage and licensing arrangements with cryptocurrency exchanges and custodial arrangements for digital assets.
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Investment firms and banks in their investment activity in crypto-focused investment managers, custodians, brokers and crypto developers, and online brokerage firms.
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A leading state-chartered bank on a range of digital currency matters, including lending against digital currencies as collateral and potential custody of its digital currency investments.
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Industry association, as legislative counsel, in information-reporting provisions affecting digital assets in the Infrastructure Investment and Jobs Act.
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Venture capital firm with respect to equity investment into digital currency exchange.
