ACC Update - March 6, 2015 (Plain Text Version)
Message From Laura Dorman, Financial Services Committee Chair
Welcome to the inaugural issue of the Financial Services Committee’s (FSC) quarterly newsletter! On behalf of the other members of the FSC leadership team, we want to thank you for being a part of the FSC, and we look forward to engaging with you in the coming year. As always, our goal is to provide the best resources, educational programs and networking opportunities to our committee members. This year, one of our objectives is to increase the overall active participation of our members by providing events and materials that are valuable to you. As you will see below, there are many exciting ways to participate, from our sponsored programs at the ACC Annual Meeting to our monthly meetings featuring Quick Hits to our regional Micro-Networking events. These programs are designed to provide you with the most relevant, up-to-date information to assist your in-house practice. We welcome any comments or suggestions from our members, and we encourage you to contact us at email@example.com.
The ACC Annual Meeting will take place October 18-21, 2015 at the Hynes Convention Center in Boston, Massachusetts. The FSC is proud to sponsor the following programs:
Virtual currency is growing in use and recognition. Major entities, such as Microsoft, are beginning to recognize and accept Bitcoin payments, but most in-house counsel have little familiarity with virtual currency. Learn what it is, how it functions, how it may impact your clients and what domestic and international regulatory and enforcement regimes and issues – including enforcement actions and criminal prosecutions – have arisen from the evolving world of virtual currency. We will explain and explore the answers to these questions and demonstrate a Bitcoin transaction.
When a significant data breach happens, first responders face significant challenges under extreme pressure. This panel will provide an overview of the current environment in which data breaches are addressed in litigation and regulatory investigations. The panelists will walk you through what happens behind the scenes when a potential breach is identified, investigated and notified and the ensuing regulatory investigations and class action litigation proceedings. Having provided a real-world perspective, the panel will then discuss effective ways to prepare now, so that your company is ready to handle a breach situation well. Panelists will provide concrete examples of measures taken in advance of a breach that make a difference when it happens, including evaluating exposures, reserving and insurance to protect the bottom line; managing vendors and coordinating with others when sensitive data is shared and effective ways to keep your board informed about cybersecurity.
Upcoming and Past Events
Upcoming Legal Quick Hits
March 25, 2015 Legal Quick Hit: Attorney-Client Privilege for In-House Counsel
April 22, 2015 Legal Quick Hit: Data Breaches: Financial Impact, Insurance and Disclosures
Join us for a discussion of how a data breach can impact your company's bottom line. Learn about insurance coverage, as well as how to be prepared to fund a significant cyber event and disclosure concerns if it happens to you.Speaker: Lori S. Nugent, Shareholder, Greenberg Traurig, LLP
May 27, 2015 Legal Quick Hit: Recent Developments and Emerging Trends in Financial Services Class Action Litigation
Learn about the latest trends and theories in class action litigation involving financial institutions. The panel will discuss effective strategies for defending claims, defeating class certification, and achieving favorable settlements.
Speakers: Jennifer L. Gray, Shareholder, Greenberg Traurig, LLP and Paul J. Ferak, Shareholder, Greenberg Traurig, LLP
January 28, 2015 Legal Quick Hit: The US Securities and Exchange Commission’s Disclosure Effectiveness Initiative: January 2015 Update
Would you like to Meet with the Consumer Financial Protection Bureau?
The FSC would like to know whether an informal “Chatham House Rules” style meeting with the Consumer Financial Protection Bureau would be of interest to you. If so, what discussion topics would you like to see covered? Kindly take a minute or two to respond to the survey below.Survey
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FSC members in San Francisco enjoyed a festive networking event graciously hosted at the offices of Greenburg Traurig LLP. Members of the firm joined 7 ACC members in a lively impromptu discussion of balancing the roles of legal and compliance and the Peer-to-Peer lending platform. The third networking mixer in San Francisco continues to gain traction and we look forward to another event in the Spring. Keep your eye out for details soon!
Greenberg Traurig, LLP is the 2015 sponsor of the Financial Services Committee. Greenberg Traurig is an international, multi-practice law firm with approximately 1800 attorneys serving clients from 37 offices in the United States, Latin America, Europe, Asia, and the Middle East. The firm is among the “Power Elite” in the 2014 BTI Client Relationship Scorecard report, which assesses the nature and strength of law firms' client relationships. For additional information, please visit www.gtlaw.com or follow them on Twitter, Facebook, LinkedIn.
Chair: Laura Dorman, Berkeley Research Group, Director & Associate General Counsel
Vice-Chair: Miriam Lefkowitz, Summit Financial Resources, Inc./Summit Equities, Inc., Chief Legal Officer/Chief Compliance Officer
Secretary: Christina Rogers, Union Bank, N.A., Senior Counsel
Communications Co-Chair: Allison Cambria, Deutsche Bank AG, Vice-President and Counsel
Communications Co-Chair: Rebecca Fox, LendingClub, Associate General Counsel
Membership Chair: Rebecca Fox, LendingClub, Associate General Counsel
Membership Chair: Christina Rogers, Union Bank, N.A., Senior Counsel
Program Chair: Stephen Herbes, Konica Minolta Business Solutions U.S.A., Inc., Corporate Counsel & Compliance Manager
Program Chair: Howard Lindenberg, Freddie Mac, Managing Associate General Counsel
Immediate Past Chair: Timothy Kuhman, The Kingdom Trust Company, General Counsel