Benjamin Saul is an investor in the company’s Financial Regulatory and Compliance Practice. For 20 years, Ben has actually managed high-stakes regulative, enforcement, and lawsuits matters for business and private customers in the customer financing, specialized financing, fintech, and banking sectors.
Ben has actually assisted customers browse lots of controversial supervisory, enforcement, and lawsuits matters including the Customer Financial Defense Bureau (CFPB), and has actually been a leader in the personal bar on CFPB matters considering that the Bureau’s beginning in 2011. He likewise consistently helps customers in matters including the FTC, DOJ, HUD, OCC, FRB, FDIC, state monetary services authorities, state attorney generals of the United States, and state civil liberties commissions. Ben’s enforcement matters have actually worried reasonable loaning and maintenance, unjust misleading and/or violent trade practices, other federal and state customer financing laws, AML/BSA, bothered or stopped working banks, fiduciary responsibilities, banks scams, supervisory scores, and other security and stability problems. These matters typically have actually included parallel procedures by several enforcement firms and/or personal celebrations.
Ben likewise recommends lending institutions, servicers, alternative monetary provider, and cash service organizations on services and product advancement, licensing, compliance program improvement, and the applicability of federal and state customer credit and other monetary services laws. He regularly assists customers comprehend how monetary services law maps onto brand-new innovations and ingenious items, having actually dealt with matters including huge information, expert system, market and online loaning, blockchain, digital possessions and cryptocurrencies, digital banking, and payment systems. In addition, Ben supplies monetary services regulative assistance for business and capital markets deals.