Christopher Steelman's practice focuses
primarily on the federal and state
regulatory framework for both depository
and non-depository financial institutions,
including banks, thrifts, money services
business, consumer and commercial lenders,
and similar financial entities.
Chris focuses specific attention on
payment matters and on state and federal
regulatory issues associated with money
movement and payment networks, products
and services. He routinely advises clients
regarding open- and closed-loop card
programs, including branded and
private-label credit, and charge and
prepaid card programs. Chris supports
clients in negotiations with various
participants in the payment systems,
including card issuers, networks,
acquirers and ISOs, and negotiates the
various agreements related to the payment
cards, ranging from merchant acceptance
agreements to co-brand credit card
relationships.
From a regulatory perspective, his
practice also includes providing guidance
and analysis regarding compliance with:
Dodd-Frank Act implementation; BSA/AML,
USA PATRIOT Act and US Treasury sanction
program requirements; and obligations
imposed by state and federal consumer
financial protection laws, such as TILA,
FCRA, GLBA, ECOA and their implementing
regulations.
