Jan. 20, 2021
WASHINGTON, D.C. and DENVER – Nelson Mullins Riley & Scarborough LLP announced today that Richard B. Levin has joined the firm as a partner and chair of the Financial Technology (FinTech) and Regulation Practice.
Levin was one of the first lawyers to focus on the regulation of blockchain and digital assets and is considered a thought leader in the FinTech space. He has been identified by legal rankings publisher Chambers and Partners as one of the leading lawyers in the Blockchain and Cryptocurrencies category since the inception of the category. He also has been recognized by Chambers for his knowledge on regulatory matters, for helping clients push the boundaries of the FinTech sector, and for his advice on matters such as broker-dealer licensing and alternative trading systems.
“Richard has a cutting-edge FinTech and regulatory practice that will become increasingly important to our clients in the future,” Nelson Mullins Managing Partner Jim Lehman said. “His arrival complements our current team and strengthens our offering in this area. His extensive knowledge of the regulatory challenges facing FinTech firms and traditional financial services firms makes him an asset as the new leader for our FinTech and Regulation Practice.”
A former general counsel and chief compliance officer of several Wall Street firms and two joint ventures of leading banks, Levin’s practice focuses on representation of early stage and publicly traded companies in the FinTech industry, including broker dealers, alternative trading systems, multilateral trading facilities, exchanges, designated contract markets, swap execution facilities, peer-to-peer lending platforms, robo advisors, crowdfunding portals, and digital currency trading platforms. Levin represents these firms before the U.S. Securities and Exchange Commission, U.S. Commodity Futures Trading Commission, U.S. Department of the Treasury, National Futures Association, Financial Industry and Regulatory Authority, and Congress.
“As FinTech firms and traditional financial services firms struggle to deal with outdated laws, clients need law firms with FinTech and regulatory strength, and Nelson Mullins fits the bill,” Levin said. “I am excited to be joining a firm with strength in securities, banking, and financial services.”
Nelson Mullins has a nationally recognized financial institutions practice, serving in many cases as primary outside counsel for securities, M&A, bank regulatory, compliance, and technology issues as well as lending and loan work-out matters, employment, trademark, litigation, and corporate governance matters. The firm also represents investment banks and private equity investors that focus on financial services companies.
“Richard’s strength in FinTech and securities regulation and his experience with alternative trading systems, blockchain technology, digital assets, and exchanges is invaluable to clients,” said Brennan Ryan, a leader in the firm’s banking group who recently returned from serving as chief operating officer at Chemical Financial Corporation. “His experience and leadership will enable the firm to better serve our financial institutions clients as we see the accelerating convergence of traditional banking and FinTech.”
Before joining Nelson Mullins, Levin was the chair and founder of the Chambers-rated FinTech and Regulation Practice of another leading U.S. law firm. The team he built was recognized by Chambers in the FinTech Legal in the USA category and in the FinTech Legal: Blockchain & Cryptocurrencies category. The team was recognized for its FinTech, blockchain, and cryptocurrency knowledge and as a leading firm on FinTech matters.
Levin is routinely quoted by leading publications including Bloomberg, the New York Times, Reuters, and the Wall Street Journal and is a frequent speaker at conferences around the world on the regulation of FinTech, blockchain, and digital assets. He is the author of several well recognized chapters of books on the regulation of FinTech, blockchain technology, and digital assets.
Established in 1897, Nelson Mullins has more than 850 attorneys and government relations professionals with offices in 11 states and Washington, DC. For more information on the firm, go to www.nelsonmullins.com.
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