To our clients and friends:
On June 27, 2024, the United States Supreme Court issued its opinion in Securities and Exchange Commission v. Jarkesy, a decision which will have important ramifications for banks and individuals facing enforcement actions by the federal banking agencies and the CFPB. Our Client Alert covers the relevant considerations from the decision and the practical implications for any institution, director, or officer facing a potential federal bank agency enforcement action.
Our Alert is available here.