This posting was written by Travis P. Nelson.

Recently, The Legal Intelligencer featured an in-depth analysis by FSRG members Michael Bleier, Len Bernstein and Lauren Abbott regarding important changes in Pennsylvania banking laws. Dubbed the “banking modernization legislation,” these new laws address a variety of issues in Pennsylvania banking, including greatly expanding the regulatory and enforcement tools available to the Pennsylvania Department of Banking and Securities; bringing Pennsylvania law into compliance with the Dodd-Frank Act; and modernizing, where necessary, Pennsylvania’s Banking Code.

To read the entire article, please click here. This piece was also recently featured in The Banking Law Journal. For more information on this important legislation, please contact Michael E. Bleier, Leonard A. Bernstein, or Lauren A. Abbott, or any member of the FSRG team.

Travis P. Nelson is counsel in the Financial Services Regulatory Group at Reed Smith LLP, resident in the Princeton and New York offices, and a co-leader of the firm’s Financial Institutions Enforcement & Investigations Task Force. Prior to joining Reed Smith, Travis was an Enforcement Counsel with the Office of the Comptroller of the Currency, U.S. Treasury Department, in Washington, D.C. Travis is also adjunct faculty at Villanova University School of Law, and a frequent lecturer at national and regional banking conferences.