The Impact of Dodd-Frank Act on FDIC-Insured Banks
The Dodd-Frank Act directed sweeping changes to be made to the financial services landscape, many of them to be implemented through rules formulated by many separate regulatory agencies. What is happening with these many initiatives?
- Introduction/Overview – Broad outline of the Dodd-Frank Act and rulemaking and implementation process;
- Systemic importance and orderly resolution
- Elimination of the Office of Thrift Supervision and modifications to banking regulation
- Volcker Rule, swaps and swap push-out
- Changes in the consumer financial protection regulatory space
Financial institutions need to understand these proposed changes and how they may impact their businesses. The Knowledge Group has assembled a panel of distinguished professionals to help financial institutions understand the issues surrounding the proposed changes. The speakers will share their expert opinions and answer your questions in a two-hour LIVE Webcast.
Victoria Pawelski, Senior Policy Analyst, Division of Depositor and Consumer Protection
Federal Deposit Insurance Corporation (FDIC)
Frank Gonzalez, CPA/CFF, Principal-in-Charge, Financial Institutions
Sara A. Kelsey, Counsel (former General Counsel, Federal Deposit Insurance Corporation)
Stacie E. McGinn, Partner
Simpson Thacher & Bartlett LLP
Gail C. Bernstein, Special Counsel
Christopher Cole, Senior Vice President and Senior Regulatory Counsel
Independent Community Bankers of America
Who Should Attend:
Financial professionals who need to understand this important legislation—and remain current on developments that impact their institutions, as well as their funds, clients, investors or sponsored companies, including:
- business leaders,
- investment bankers,
- chief financial and chief operating officers,
- risk and compliance managers,
- consultants, and
Frank Gonzalez, CPA*/CFF, is a principal in the Audit Department at MBAF, where he leads the Financial Institutions and SEC practices.
Frank provides audit, business consulting, litigation support and SEC compliance services to South Florida organizations in a wide range of industries, including real estate, financial institutions (community banking, international banking, investment funds, broker dealers) manufacturing, technology and telecommunications.
Directing the firm's work with community banks, international banks/agencies and mortgage companies, Frank is highly experienced in the rigorous regulatory and compliance standards applied to the industry, and works with both domestic and international banking organizations. He has experience in performing audits and advisory services to bank organizations ranging in size from billion dollar multi-nationals to de novo (start-up) institutions.
Frank works hand-in-hand with clients to accomplish financial and operational objectives through initial and secondary public offerings, capital formation, and mergers and acquisitions. Frank is skilled in first-time through audit engagements, and in providing audit and business advisory services to many national and international public (SEC) and privately held companies as well as broker dealers.
*Licensed to practice in the states of Florida, Illinois and New York
- Salute to Miami's Leaders, Banking and Finance – Greater Miami Chamber of Commerce, 2010
- Excellence in Accounting, Financial Institutions – South Florida Business Journal, 2005
- American Institute of Certified Public Accountants
- Florida Institute of Certified Public Accountants – Miami Downtown Chapter – Past-Board Member/Officer
- Cuban-American Certified Public Accountant – Advisory Board Member/Past President
- South Florida Banking Institute – President, 2011-Present; Board Member, 2007-Present
- Certified in Financial Forensics
- Cintas Foundation – Treasurer, 2006-Present
- Florida International University – School of Accounting Advisory Board Member, 2006-Present; Athletic Association Board Member, 2008-Present; Alumni Association Lifetime Member, 1991-Present; School of Business Leadership Circle Board Member, 2007-Present; Sigma Phi Epsilon Fraternity Alumni Board Member, 1991-Present
- Kiwanis Club of Little Havana and Foundation – Member, 1998-Present
- Greater Miami Chamber of Commerce – Board and Finance Committee Member, 2009-Present; Leadership Miami Graduate, 2006
- Orange Bowl Committee – Member, 2008-Present
- United Way of Miami-Dade – Board of Directors, Treasurer; Board of Trustees; Finance and Administration Committee Member, 2008-Present; â€ŠAudit Committee Chairman, 2008-Present
- University of Miami – Master of Business Administration in Accounting and Finance
- Florida International University – Bachelor of Accounting
Frank Gonzalez, CPA*/CFF, is a principal in the Audit Department at MBAF, where he leads the Financial Institutions and SEC …
Stacie McGinn is a partner in the New York office of Simpson Thacher & Bartlett LLP. Ms. McGinn is a leading financial services regulatory lawyer and her practice focuses on all aspects of the regulation of banks and other financial institutions. Ms. McGinn has represented financial holding companies, banks, thrifts, mortgage companies, consumer finance and insurance companies before federal and state regulatory agencies in connection with mergers and acquisitions, and examination, supervisory and enforcement matters.
Ms. McGinn has over 25 years of experience in the financial services industry. Prior to joining Simpson Thacher, she served as Deputy General Counsel for the global consumer businesses of Bank of America Corporation. Prior to joining Bank of America, Ms. McGinn was a partner in a financial services regulatory practice in Washington, D.C., where she practiced for 14 years.
Ms. McGinn received her J.D. from Georgetown University Law Center. She received her B.B.A. from Baylor University. Ms. McGinn is admitted to practice in New York and the District of Columbia.
Stacie McGinn is a partner in the New York office of Simpson Thacher & Bartlett LLP. Ms. McGinn is a …
Gail Bernstein is a special counsel in the firm’s Securities Department, a member of the Broker-Dealer Compliance and Regulation and Derivatives and Futures Practice Groups and a member of the Consumer Finance Protection Bureau and Dodd-Frank Whistleblower Working Groups. She joined the firm in 1990 and was a partner with the firm’s Broker-Dealer Group from 1997 to 1998, when she began an extended leave of absence. She returned to the firm in 2008.
Ms. Bernstein’s practice focuses on US financial regulatory reform and on securities law and broker-dealer regulation. She regularly counsels clients on the implications of the Dodd-Frank Act and also counsels SEC registrants and other financial organizations on a broad range of regulatory matters, including compliance with SEC and SRO rules. She has advised firms about sales practice requirements, trading issues and order handling procedures. She has designed comprehensive compliance policies and supervisory procedures and counseled clients during their implementation. She has also represented clients in governmental investigations and internal reviews.
Gail Bernstein is a special counsel in the firm’s Securities Department, a member of the Broker-Dealer Compliance and Regulation and …
Current Position: Senior Vice President and Senior Regulatory Counsel of the Independent Community Bankers of America, focusing on deposit insurance issues, regulatory restructuring, safety and soundness issues, corporate governance issues, credit unions and capital requirements. Chris is ICBA’s staff liaison for the ICBA Regulatory Review Committee, the ICBA Mutual Bank Council, and the ICBA Large Community Bank Council.
Previous Positions: Vice President and Assistant General Counsel with First Virginia Banks, Inc. which merged into BB&T. Prior to that, I served as counsel for the Marriott Corporation and as a Tax Attorney for the Department of Treasury.
- University of Virginia, B.A. with Honors in History.
- University of Virginia School of Law, J.D.
- Georgetown University, Masters of Law in Taxation.
Chris is quoted frequently in a number of publications including the Washington Post, the American Banker, The Wall Street Journal and CBS Market Watch, and has appeared on PBS’ Nightly Business Report, and Bloomberg Television.
Married with three children living in McLean, Virginia.
Current Position: Senior Vice President and Senior Regulatory Counsel of the Independent Community Bankers of America, focusing on deposit insurance …
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Federal Deposit Insurance Corporation (FDIC)
Simpson Thacher & Bartlett LLP