Practices
Casey is a member of Seward & Kissel’s Financial Services Regulatory Group and Blockchain and Cryptocurrency Group in the Firm’s Washington, DC, office. As a financial attorney, Casey advises a wide range of financial services companies (including banks, broker-dealers, investment funds, service providers, and financial technology companies) on federal and state banking and securities law issues. Casey regularly provides legal aid to clients with respect to financial matters such as deposit issues, lending services, state and federal licensing and registration, anti-money laundering, custody, transfer, payments, and liquidity issues, and the Bank Holding Company Act.
A primary focus of Casey’s practice is structuring new financial products, including FDIC-insured deposit products (including brokered deposits and deposits exempt from classification as brokered) and virtual financial products (including securities tokens, utility tokens, and stable coins).
Casey also has significant experience giving legal advice to clients on data issues, including compliance with federal privacy law (such as the Gramm-Leach-Bliley Act, Regulation P, and Regulation S-P), state privacy law (such as the California Consumer Privacy Act), federal cybersecurity law (such as the FTC’s Safeguards Rule), and state cybersecurity law (such as the Massachusetts WISP requirement). Casey also counsels clients on data breach responses under data breach notification laws.
Casey joined the Firm from the Consumer Financial Protection Bureau where he developed and implemented a financial regulatory policy with a focus on unfair, deceptive, and abusive acts and practices (UDAAP); electronic fund transfers, truth in lending, qualified mortgages, fair credit reporting, and data privacy and security. Casey’s experience with consumer financial laws helps him counsel clients in the retail banking and non-bank financial technology industries as they navigate the increasingly complicated consumer regulatory landscape.
Prior to joining the CFPB, Casey as a financial lawyer, represented large, multinational financial institutions as a senior associate at another top-tier law firm in a number of supervisory and enforcement actions and examinations before the Federal Reserve, OCC, FDIC, and CFPB. Casey also provided compliance counseling to financial institutions on a wide range of regulatory matters. In these capacities, Casey gained substantial experience representing clients in matters related to transactions with affiliates, bank capital, anti-money laundering laws, foreign banking operations, and myriad other issues.
Casey is a contributor to Seward & Kissel’s Cryptocurrency and Blockchain blog, SKrypto.
Casey was a law clerk for the Honorable James C. Turk, Senior United States District Judge for the Western District of Virginia.
Publications
- Co-authored, “FinCEN Proposes AML Requirements for Certain Investment Advisers,” Seward & Kissel (March 7, 2024)
- Co-authored, “Credit Union Share Certificates: A Primer,” Seward & Kissel (January 26, 2024)
- Co-authored, “Changes to FDIC Insurance of Trust Accounts Effective April 1, 2024,” Seward & Kissel (January 8, 2024)
- Authored, “S&K Observations and Practical Recommendations on Wire Transfer Fraud,” Seward & Kissel (November 14, 2023)
- Authored, “FTC Imposes New Data Breach Notification Requirements,” Seward & Kissel (November 9, 2023)
- Authored, “First Republic Bank Closed, Acquired by JPMorgan Chase,” Seward & Kissel (May 1, 2023)
- Co-authored, “First Coinbase, Now Binance: Big Fish in Choppy Waters,” Seward & Kissel (March 30, 2023)
- Co-authored, “Our Next Feature Attraction: Securities & Exchange Commission v. Coinbase, Inc.” Seward & Kissel (March 24, 2023)
- Authored, “Bank Failure: Background and Issues to Consider,” Seward & Kissel (March 12, 2023)
- Co-authored, “Introducing the Government and Regulatory Rundown – March 2023,” Seward & Kissel (March 9, 2023)
- Authored, “What to Expect When You’re Expecting (Your Bank to Fail),” Seward & Kissel (March 3, 2023)
- Co-authored, “Fast and Furious: SEC Kracks Down on Kracken, Federal Regulators Choke Crypto, and DFS Wobbles Stablecoin,” Seward & Kissel (February 14, 2023)
- Co-authored, “2022 Highlights from the Global Bank and Institutional Finance & Restructuring Group,” Seward & Kissel (February 13, 2023)
- Co-authored, “Seward & Kissel Releases Litigation Group 2022 Year in Review,” Seward & Kissel (February 7, 2023)
- Co-authored, “FDIC Extends Comment Period on Rule Imposing Additional Deposit Insurance Disclosure Obligations,” Seward & Kissel (January 30, 2023)
- Co-authored, “Proposed FDIC Rule Would Impose Additional Deposit Insurance Disclosure Obligations on Banks and Non-Banks,” Seward & Kissel (January 18, 2023)
- Co-authored, “The Federal Government Bailing Out Crypto’s Biggest Bank? Silvergate Taps the Federal Home Loan Bank as Its Lender of Last Resort,” Seward & Kissel (January 18, 2023)