William Stern is a partner in the firm's Financial Industry, Banking, Consumer Financial Services, and FinTech practices. Mr. Stern works on a variety of transactional and regulatory matters for Goodwin's financial services clients. Mr. Stern regularly advises depository institutions and their holding companies on compliance with regulatory requirements related to capital, affiliate and insider transactions, permissible activities and investments, anti-money laundering rules, trust department and asset management operations, and consumer protection. He provides regulatory advice related to merger and acquisition transactions undertaken by the firm's financial services clients as well as advising on change in control requirements related to investments in financial institutions. Mr. Stern also counsels the firm’s clients on compliance with federal and state privacy and data protection requirements.
In most cases, we are looking at whether there are any licensing or registration requirements that might apply to the client's activities, such as lender or loan broker licenses, money transmitter licenses, or whether the client may be acting as a securities broker or an investment adviser.24 June 2019