Banks and other financial institutions have been operating under federal regulatory standards for many decades, but the increased oversights and burdens put in place by the 2010 Dodd-Frank Act have raised the costs of compliance significantly for financial institutions, with experts indicating that such costs have doubled since the law’s enactment. And if there is one thing more expensive than maintaining compliance, it is dealing with the consequences of a failure to comply with Dodd-Frank standards. Numerous financial institutions have experienced devastating consequences in their failure to comply with the complex and often confusing law. At Herrington Law, our banking compliance attorneys work with banks and other financial institutions across Mississippi in meeting their compliance requirements under Dodd-Frank as well as in responding to regulatory investigations and enforcement matters.

Helping Your Institution Meet Dodd-Frank Standards

While politicians and administrators at the federal level have been debating the merits of Dodd-Frank ever since it was enacted, and a change in leadership may mean changes in the law, for the time being, Dodd-Frank is very much firmly in place, and our legal team is prepared to work with your financial institution to manage all compliance risks and needs.

Whether you need experienced compliance counsel to oversee and manage all of your compliance needs or an outside team to examine isolated issues, transactions, or areas of concern in your institution’s business, we can help you assess and remedy Dodd-Frank compliance issues related to the following issues, among others:

  • Lending standards and practices
  • Mortgage practices
  • Internal compliance procedures and whistleblowing
  • Fiduciary duty issues
  • Mergers and acquisitions
  • Trading/securities issues
  • Credit cards

Contact Us Today to Discuss Your Business

At Herrington Law, we have a time-tested approach of always putting the needs of our clients above our own. When you work with Herrington Law in meeting your Dodd-Frank and other banking compliance needs, our team will work with you to evaluate all of your relevant risks and respond accordingly while completing our work in a manner that fits both the needs of your institution and your budget. Contact our office today to set up a free consultation to determine how we can be of service to your financial institution.

“Brian is a sharp, down-to-earth attorney who is a pleasure to work with.” DAVID CRAWFORD


Herrington Law provides counsel regarding:

  • Federal / State Banking Laws
  • Securities / Blue Sky Laws
  • Lending Laws / Compliance
  • Consumer Protection
  • Risk Management
  • Dodd-Frank Rules
  • Data Breaches
  • Customer Confidentiality
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Managing Your Risk

In recent years, the primary focus of banking compliance has grown from more financial-focused matters relating to savings and securities issues to criminal and national security issues. Enormous fines and levies have been levied against domestic and global banks as a result. We will work with your business to ensure proper compliance and management of all relevant risks.
As attorneys who’ve represented not only banks but also plaintiff-side consumers in massive litigation matters relating to consumer protection and unfair and deceptive trade practices over two decades, Herrington Law has the expertise to identify the litigation, compliance, and regulatory risks in your business and to provide counsel and direction in responding to such risks.


Ready to get Started? Set up a Free Consultation.

(601) 208-0013 or (866) 875-3957 |