October 2, 2013
Authored by: Bryan Cave Leighton Paisner
DC Partner John ReVeal, New York Partner Judith Rinearson and Santa Monica Partner Brette Simon will provide insight at the Money2020 Expo. The conference promises to bring together a global community of innovators in payments and financial services with 400-plus speakers spanning more than 100 sessions and workshops. More than 4,000 attendees are expected.
October 6, 2013 – October 10, 2013
Aria Resort and Casino
3730 Las Vegas Blvd.
Las Vegas, NV 89158
On Oct. 6, ReVeal will moderate a panel on the risks and rewards of credit-based emerging payment products. In addition to discussing what people need to know when launching or distributing credit-based products, this panel will address the current consumer group and regulatory pressure to restrict or prohibit credit as part of emerging payments and financial services solutions.
Later in the afternoon, Rinearson will moderate the panel “Money Transmitter Licensing: Kafka Revisited,” which will offer insight on how to manage the ambiguities of state money transmitter licensing laws.
Simon then will join a panel on how to prepare in advance of raising capital from institutional investors. Topics will include getting your legal and business house in order to maximize value upon a capital raise and avoid the “10% valuation haircut;” due diligence and the risks of having the wrong investors; and structuring investment to avoid “change of control” regulatory issues.
ReVeal, Rinearson and Simon are members of Bryan Cave’s Prepaid & Emerging Payments Team, which includes attorneys with substantial hands-on experience in all legal aspects of launching and managing a range of prepaid and other electronic payment products. The team maintains updated 50-state surveys in all state law areas affecting prepaid cards.
ReVeal is the Financial Institutions Group’s lead bank regulatory and compliance lawyer in Bryan Cave’s Washington, D.C., office. He focuses his practice on financial institution regulation and transactions. He advises banks and savings institutions on organizational and transactional matters, bank and thrift powers, federal preemption, exportation of rates and charges, anti-money laundering and anti-terrorism financing regulations and financial institution licensing matters. ReVeal also assists in the purchase and sale of banks, thrifts and non-bank financial entities.
Rinearson is a recognized authority in the areas of prepaid and emerging payment systems, electronic payments, virtual currencies, ACH, travelers checks and check processing. She has more than 25 years of experience in the financial services industry, particularly in the areas of compliance with state and federal consumer protection laws, anti-money laundering laws, state money transmitter licensing laws and abandoned property laws. She currently chairs the Government Relations Working Group for the Network Branded Prepaid Card Association (NBPCA) and is a member of the ABA’s Cyberspace Law Committee. She also serves as a representative of the NBPCA on the Treasury’s Bank Secrecy Act Advisory Group. Rinearson writes and speaks frequently on payments and compliance issues.
Simon advises public and private entities in mergers and acquisitions, leveraged buyouts, private equity and venture capital investments and general corporate matters. She has represented private equity funds and strategic buyers and sellers in leveraged recapitalizations, stock and asset acquisitions and dispositions and private investments. Simon’s practice encompasses a broad range of industries, including financial payments, media and publishing, health care, software, aerospace, defense and branded consumer products (including food and beverage). She has garnered numerous accolades throughout her career, including recognition as one of the top 13 dealmakers in the U.S. for the middle market by the editors of The Deal, a leading corporate finance publication, and was selected as a winner of the inaugural “40 Under 40” award by The M&A Advisor.
For more information or to register for this event, please click here.