New York, NY, May 01, 2015 –(PR.com)– The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Richard J. Zack, Partner, Pepper Hamilton LLP will speak at the Knowledge Group’s webcast entitled: “Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) Explored in 2015 LIVE Webcast.” This event is scheduled for May 05, 2015 from 12:00pm – 2:00pm (ET).
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About Richard J. Zack
Richard J. Zack is a partner in the White Collar Litigation and Investigations of Pepper Hamilton LLP, resident in the Philadelphia office.
Mr. Zack represents businesses, educational institutions, nonprofits and individuals facing investigation by federal and state law enforcement authorities, and government regulatory agencies. Mr. Zack also represents businesses and individuals who have been victims of crimes. He has extensive experience in representing financial service firms before federal and state prosecutors and regulators and firms facing investigations of transactions involving foreign entities. He regularly provides advice regarding dealing with government sanctions against foreign countries and compliance with regulations of the Office of Foreign Asset Control, also known as OFAC, and the Financial Crimes Enforcement Network, or FinCEN.
Prior to joining Pepper, Mr. Zack was chief of commercial and consumer fraud and deputy chief of economic crimes for the U.S. Attorney’s Office for the Eastern District of Pennsylvania. There he supervised all consumer and commercial fraud cases, including mortgage, investment, securities and corporate fraud. Before that, Mr. Zack was deputy chief of the criminal division and an Assistant U.S. Attorney.
About Pepper Hamilton LLP
Pepper Hamilton LLP is a multi-practice law firm with more than 500 lawyers nationally. The firm provides corporate, litigation, intellectual property and regulatory legal services to leading businesses, governmental entities, nonprofit organizations and individuals throughout the nation and the world. While our practice is remarkably diverse, we operate as a unified firm, using our size, depth of talent and the latest technology to assist our clients.
Our firm has grown from a two-person law office formed in 1890 in Philadelphia to a sophisticated, large law firm with a national and international practice. While much about Pepper Hamilton is new and different from its beginnings, we retain traditional values passed down through the decades: respect for the rule of law, pride in an excellent work product and commitment to the client’s cause. Today, Pepper Hamilton is a diverse firm of men and women from a broad spectrum of backgrounds, united in these values.
No, not FERRARI. The Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) is a rarely used statute designed to protect federally insured financial institutions from mail, wire, and other fraud and from insider violations through civil action. Originally, the Act was designed to protect against savings and loans officials mis-using thrift funds. It established the Resolution Trust Corporation to close hundreds of insolvent thrifts and transferred regulatory authority to the Office of Thrift Supervision; thereby changing the savings and loan industry and its federal regulation. FIRREA, broader in scope than the False Claims Act, has wide application since it incorporates a variety of banking law and invokes huge, civil monetary penalties that can be ruinous to institutions.
The Knowledge Group has assembled a panel of key thought leaders to provide the audience with an over-view and in-depth analysis of the Financial Institutions Reform, Recovery and Enforcement Act. Speakers will discuss the latest developments regarding its enactment, enforcement, and potential effects on financial industries; among others.
Key topics include:
· Overview on Financial Institutions Reform, Recovery and Enforcement Act
· Scope and Limitations
· Federal Financial Institutions Examination Council (FFIEC) Role
· Implications of its Provisions: Why Now?
· Next: Student Loans?
· Recent Regulatory Developments and Enactment Issues
· Best Compliance and Enforcement Practices
· Possible Civil Monetary Penalties
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Group, LLC was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
Therese Lumbao, Director
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