James I. Kaplan is the chair of DLA Piper’s Midwest Banking practice. He has extensive experience in financial services regulatory matters, as well as banking, compliance, securities and shareholder disputes and other shareholder matters.
Mr. Kaplan’s regulatory experience covers all major statutes and applicable regulations in the United States as well as other major foreign jurisdictions. His transactional experience includes banking, trust, securities, asset management, brokerage and public and private offerings. He is also well acquainted with both the Advisors Act and the Investment Company Act, having counseled both registered investment advisors and mutual funds in his career. Mr. Kaplan is nationally recognized and well respected for his knowledge of legal matters touching modern financial institutions, basic and complex, large and small.
Mr. Kaplan has counseled numerous boards of directors and other governing bodies of companies on various matters, involving banking and financial services issues, including securities disclosure and regulatory matters.
Most recently, Mr. Kaplan was the first General Counsel in the long and legendary history of Brown Brothers Harriman & Co., the New York-based private bank. Mr. Kaplan has been a banking and bank regulatory lawyer for more than 20 years and also specializes in merger and acquisition and private equity transactions involving financial services companies.
Following his first General Counsel stint at Cole Taylor Bank in Chicago, Mr. Kaplan became Associate General Counsel at The Northern Trust Company in Chicago, where his duties included serving as senior in-house regulatory, acquisitions and divestiture lawyer from 1998 to 2004. During his four years at Brown Brothers, ending in 2008, he continued his senior M&A role and also expanded into M&A advisory activity and private equity and mezzanine fund matters, as well as managing all other legal matters and counseling senior management for a large, complex and global financial institution.
Jon is a Managing Director in KPMG’s Financial Services Regulatory Practice. He brings over 24 years of senior bank regulatory experience dealing with financial services risk management issues, developing regulatory policies, and representing the Federal Reserve in Congressional and public forums. His experience as a member of the Division of Banking Supervision and Regulation of the Board of Governors of the Federal Reserve System allows him to help clients identify and address key regulatory and risk management issues facing the financial services industry and develop effective responses to the challenging regulatory environment. Jon also held other leadership positions within the Federal Reserve regarding large bank supervision, supervisory assessments of capital allocation and adequacy (SR 99-18), and Basel II qualification reviews.
Professional and Industry Experience
- Responsible for overseeing the Federal Reserve System’s risk focused supervision of credit, market and liquidity, operational, and compliance risks.
- Identified and analyzed current and emerging risks as Chair of the Division’s Risk Committee of the Federal Reserve.
- Ensured that the Federal Reserve had appropriate supervisory guidance and policies in place, and actively led and participated in the development of new regulatory standards on credit, market and liquidity risks.
- Coordinated supervisory activities related to key risks and risk management issues across the organizations supervised by the Federal Reserve, including macro-prudential supervisory issues.
- Participated in Supervisory Capital Assessment Program (SCAP).
- Provided regular updates to the Board of Governors and senior staff on emerging issues and supervisory activities.
- Former member of the Senior Supervisors Group, which focuses on risk management issues, governance, and risk appetite issues at large, internationally active firms.
- Former member of the large financial institutions supervisory committee and the large, regional and community bank organizations management groups.
- Frequently represented the Federal Reserve at industry conferences and more recently at Congressional hearings on credit-related matters.
- Developed supervisory program and expectations for the risk-focused supervision of 20 large domestic and international firms supervised by the Federal Reserve.
- Coordinated supervisory activities across the large bank portfolio to ensure key supervisory issues, which ranged from mortgage lending to BSA/AML compliance matters, were addressed.
- Provided updates to the Board of Governors and senior staff on supervisory issues within the large bank portfolio.
Daniel Meade is a partner at Hogan Lovells US LLP, advising clients in the financial institutions sector on corporate and regulatory matters with a particular focus on financial services reform. Dan represents U.S. and foreign banks, thrifts, and other financial institutions in connection with a broad range of regulatory and transactional matters, including mergers and acquisitions, anti-money laundering, capital adequacy, affiliate transactions, financial privacy, and consumer compliance matters. He has represented clients before state and federal banking agencies, including the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency, Office of Thrift Supervision, New York State Banking Department, and Massachusetts Division of Banks. Dan also advises clients on various legislative and regulatory proposals involving financial services issues. Prior to joining Hogan Lovells, Dan served as senior counsel to the U.S. House of Representatives, Committee on Financial Services (2009-2011). In this role, Dan drafted, negotiated and served as a senior technical advisor on substantial portions of the landmark Dodd-Frank Wall Street Reform and Consumer Protection Act, including provisions on systemic regulation, orderly liquidation, proprietary trading activities of banking entities, and the Bureau of Consumer Financial Protection. Dan also drafted or analyzed legislation, and coordinated oversight functions within the Committee’s jurisdiction, particularly with regard to bank, thrift and holding company safety and soundness, capital requirements, transactions with affiliates, industrial loan companies, deposit insurance, consumer protection, and the Community Reinvestment Act.