Recent SCOTUS Decisions' Impact on Banking and Financial Services Regulation

Ms. Rinehart represents clients in complex class action, commercial litigation, and regulatory investigation matters involving violations of consumer protection statutes, antitrust, false advertising, misappropriation of trade secrets, unfair competition, and constitutional challenges to legislation and agency rulemaking. She advises clients in litigation involving the Sherman Act, the Telephone Consumer Protection Act, the Lanham Act, and other FTC, CFPB, and state attorney general enforcement matters, as well as matters involving the FCC. Ms. Rinehart’s litigation experience spans the entire litigation life cycle, from pre-litigation strategy to appellate practice, but she is also passionate about helping clients avoid litigation through robust compliance reviews, business-savvy counseling, and strategic advocacy.

Ms. Dempsey advises several trade associations and helps a range of businesses in the financial services, housing, capital markets and fintech marketplaces navigate rulemaking and legislative processes. She advocates before the Consumer Financial Protection Bureau, National Credit Union Administration, Federal Communications Commission, Federal Trade Commission, Small Business Administration Office of Advocacy, Department of Labor, the U.S. Treasury, the U.S. Securities and Exchange Commission, the Federal Housing Finance Agency, the Department of Housing and Urban Development, as well as other regulators. Ms. Dempsey also helps organizations understand their rights and options when facing regulatory supervision and enforcement activity. She has a deep understanding of the Administrative Procedure Act, the Small Business Regulatory Enforcement Fairness Act process and the Congressional oversight tools needed to ensure a fair and transparent process for businesses and industries. Ms. Dempsey has advocated for reforms to dozens of federal rulemakings and related legislation in Congress on her client's behalf.

Mr. Bonici advises domestic and international financial institutions on regulatory, supervisory, and enforcement issues. He also represents fintechs and nonbank tech companies and supports the firm's M&A work in the middle-market financial services space, drawing on 15+ years in private legal practice and government experience—including at the FDIC and the IMF—to help clients navigate complex and evolving laws, expectations, and enforcement priorities. Financial services providers look to Mr. Bonici for advice on chartering, powers and structure issues, and compliance with regulations and standards set by the Federal Reserve, FDIC, OCC, CFPB, FinCEN, OFAC, and state banking regulators. He counsels on permissible activities, controlling and noncontrolling equity investments, third-party relationships, prudential requirements, the Dodd-Frank Act and the Volcker Rule, digital assets, and deposit insurance issues, including applications and coverage, brokered deposits, and passthrough insurance. He helps financial institutions and fintechs partner to establish financial services solutions, platforms, and products and services. He also helps non-U.S. banks and fintechs enter the U.S. market.