Financial Services Regulation

"They're terrific - they're very reliable and extremely responsive." "They have a deep understanding of our business." "I have found their work to be incredible."
Chambers USA, 2013, NJ and CT Corporate/M&A

Our attorneys enjoy and continue to earn a long-standing reputation as go-to attorneys for significant financial institution regulatory and transactional issues. We bring financial institution clients extensive experience not only with the state and federal legal and regulatory frameworks within which they operate, but also with the applicable regulatory bodies and agencies. Our heightened sensitivity to legal and reputation risks, as well as risk management experience, lead financial institutions to turn to us for sound and practical legal advice.

Day Pitney's Financial Services Regulation practice covers the range of transactional, regulatory and compliance issues that financial institutions confront on a daily basis. Clients include commercial banks, thrift institutions, trust companies, credit unions, holding companies and other financial services institutions. Our involvement in obtaining some of the leading regulatory precedents issued in recent decades positions us to provide efficient, current, and reliable advice to our clients.

Some of the many areas in which we provide advice to financial institutions include:

  • Merger and acquisition transactional services
  • Capital-raising transactions
  • Securities law reporting
  • Regulatory approvals
  • Enforcement proceedings before state and federal regulatory agencies
  • State and national bank formations and conversions
  • Holding company laws and issue
  • Corporate governance, including compliance with Sarbanes-Oxley
  • E-commerce and Internet issues

We have successfully combined our sophisticated transactional practice with in-depth regulatory experience to provide a full array of services for our financial institutions clients. Our continual involvement in this rapidly changing field permits us to offer clients a team that remains on top of breaking developments.

Representative Matters

  • Representation of investors in a voluntary supervision conversion of a $1 billion mutual savings bank.
  • Representation of multiple buyers and sellers in M&A transactions.
  • Representation of clients in acquiring controlling interests in financial services companies.
  • Capital raising in IPOs and secondary offerings in both public and private offerings.
  • Representation of organizing groups in establishing de novo institutions including national banks, federal savings banks, and state-chartered banks and trust companies.
  • Representation of an insurance company in the establishment of a nationwide program for insurance sales through banks.