Electronic Financial Services
BuckleySandler lawyers are at the forefront of efforts to define standards for the use of electronic signatures, records, and management of documents. Our clients include financial institutions, insurance companies, secondary market investors, and technology vendors. We advise clients on the design, development, and implementation of business plans and financial products and services offered through electronic commerce. We counsel clients on all aspects of consumer finance laws and regulations governing business conducted over the Internet, including electronic payment system issues.
Recent projects include:
- Assisting a technology vendor structure a system for the creation, storage, and transfer of “electronic chattel paper.”
- Assisting a large data processor develop its record retention and conversion policies.
- Assisting a major insurance company comply with state and federal online data privacy/security laws and laws on unsolicited commercial email.
- Advocating on behalf of a coalition of clients for the uniform adoption of the electronic record and signatures laws in California, Massachusetts and Iowa.
- Assisting technology vendors’ structure systems for delivering federal and state disclosures to consumers.
- Advising on the use of voice recognition technology in financial services transactions.
- Advising on the impact of the Electronic Signatures in Global and National Commerce (ESIGN) Act on the Regulation E and the rules of the National Automated Clearing House Association (NACHA).
- Serving as Counsel and Reporter to SPeRS (Standards and Procedures for Electronic Records and Signatures).
- Serving as Counsel to the Electronic Financial Services Council.
- Reviewing state electronic signature and record laws and their impact on the mortgage transaction.
- Participation in the Mortgage Industry Standards Maintenance Organization (MISMO).
Partners in this practice:
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Stephen F. Ambrose, Jr. |
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Jeremiah S. Buckley |
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Kirk D. Jensen |
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Joseph M. Kolar |
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John P. Kromer |
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Margo H. K. Tank |
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Christopher M. Witeck |
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In-depth review of news & developments in the financial services industry.
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A full listing of national & state bank regulatory agencies & industry groups.