Insights

In the following interview, Keith Noreika shares his thoughts on issues facing banks today as well as current events and regulatory developments shaping the near-term horizon. Mr. Noreika joined Patomak Global Partners in July 2022 as Executive…
Patomak Global Partners today announced former acting Comptroller of the Currency and Simpson Thacher & Bartlett LLP Partner Keith Noreika joined the firm to head its Banking Supervision and Regulation Group. “We are thrilled to add…
Outgoing Commodity Futures Trading Commission (CFTC or Commission) Commissioner Dawn Stump recently issued a challenge to her fellow commissioners to move past simply enforcing the CFTC’s rules as they exist and to do the hard work of setting…
Even though there’s no policy consensus for cryptocurrency regulation as 2022 kicks off, the cryptocurrency community’s engagement with policymakers in 2021 had a positive effect in Washington.
Patomak Global Partners' Chief Executive Paul Atkins sits down with RealVision for an exclusive interview to discuss what a statement from banking regulators that includes the phrase “legally permissible” could mean for banks and the crypto…
The President’s Working Group Report on Stablecoins is an important first step for federal regulators to develop a regulatory approach. Unfortunately, the report is a slap in the face to state regulators as it ignores their years of regulatory experience.

The Consumer Financial Protection Bureau (CFPB) has increased its focus on mortgage servicers. Mortgage servicing intersects two CFPB priority areas: COVID-19 relief and discrimination enforcement. Mortgage servicers should be prepared for a significant increase in the CFPB’s regulatory activity.

As the Biden Administration nears its 100 day mark and as agency leaders are confirmed in their roles, the new Administration's work of governing is getting underway. Patomak hosted a webinar moderated by Paul Atkins, and featuring former SEC, CFTC, Department of Justice, Department of Treasury, and CFPB officials who shared their expectations for how agencies will operate and how organizations can best prepare.

The November 13 discussion examined the pros and cons of blockchain and cryptocurrency and how it intersects with active central bank digital currency pilot programs underway around the globe.

A new white paper by the Options Clearing Corporation, outlines the role of CCPs, examines clearing “resiliency, recovery and resolution” and offers feedback to the ongoing dialogue about CCP regulation and industry resilience.