Anderson_Jarryd

Jarryd E. Anderson

Jarryd Anderson provides bank regulatory advice to domestic and international banks, non-bank financial institutions, fintechs, and tech companies on transactional, regulatory, supervisory, and enforcement matters. He has government experience at the Federal Reserve and is well known in the industry through his time serving as in-house counsel at a leading trade association and in-house counsel at domestic and international global systemically important banks (G-SIBs).

Mr. Anderson’s experience covers all aspects of the regulatory framework, from traditional bank regulatory issues to cutting-edge regulatory and legislative developments in financial innovation. He regularly counsels on issues arising under key US banking laws, including the Bank Holding Company Act, the Bank Merger Act, the Bank Secrecy Act, the Bank Service Company Act, the Change in Bank Control Act, the Dodd-Frank Act, and the International Banking Act. Among other areas, Mr. Anderson advises on bank powers and permissible activities; affiliate transactions; structuring of new products and investments in banks; mergers, acquisitions, and strategic transactions; chartering, licensing, and expansionary proposals; capital and liquidity rules; anti-money laundering and sanctions compliance; responses to supervisory examinations; and enforcement actions. In addition, Mr. Anderson regularly assists banks, service providers, and fintech companies with the design and launch of innovative deposit and loan products and technology services, including cryptocurrencies, distributed ledger technologies, and other novel payment solutions.

Prior to joining WilmerHale, Mr. Anderson served as vice president and senior counsel at Wells Fargo & Co., where he provided strategic and regulatory advice to the company’s senior management and risk, compliance, and other corporate functions across all lines of business. In this role, Mr. Anderson provided advice primarily on financial services regulation, particularly as it relates to interpreting regulations, transactions with affiliates, control issues, mergers and acquisitions, recovery and resolution plans (commonly referred to as “living wills”), bank anti-tying rules, federal preemption, and federal antitrust laws.

Before joining Wells Fargo, Mr. Anderson was vice president and counsel at TD Bank and vice president and assistant general counsel at The Clearing House Association (TCH), the predecessor organization to the Bank Policy Institute. At TCH, Mr. Anderson led numerous advocacy initiatives in response to regulatory and policy developments and represented G-SIBs before the federal bank regulatory agencies, federal market regulatory agencies, the US Treasury Department, the Financial Stability Oversight Council, and congressional committees.

Mr. Anderson previously served as a regulatory policy advisor in the Supervision and Regulation Division of the Board of Governors of the Federal Reserve System, where he helped implement significant aspects of the Dodd-Frank Act, including the Fed’s post-crisis recovery and resolution planning framework. Mr. Anderson also assisted in rulemakings and regulatory policy development, evaluated resolution plans, served as special liaison to on-site Federal Reserve Bank examiners, and represented the Federal Reserve Board before international bodies. Mr. Anderson also served in the Legal Department and Supervision, Regulation, and Credit Department of the Federal Reserve Bank of Philadelphia.

Professional Activities

Mr. Anderson speaks regularly on financial institutions regulation and policy matters and holds leadership roles in a number of organizations, including:

  • Vice Chairman, Mergers, Acquisitions, and Strategic Initiatives Subcommittee, Banking Law Committee, American Bar Association
  • Board Member, Clarifi
  • Member, Banking Law Committee, Federal Bar Association
  • Advisory Board Member, Rutgers Law School Center for Corporate Law & Governance
  • Fellow, Finance Forum, Salzburg Global Seminar

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Credentials

  • Education

    • LLM, Securities & Financial Regulation, Georgetown University Law Center, 2020

      with distinction 
    • JD, Rutgers Law School, 2011

      Editor, Rutgers Computer and Technology Law Journal
    • BA, La Salle University, 2008

  • Admissions

    • District of Columbia

    • New Jersey

    • New York

    • Pennsylvania

  • Government Experience

    • Federal Reserve System

      Board of Governors

      Financial Analyst
    • Federal Reserve System

      Federal Reserve Bank of Philadelphia

      Law Clerk
    • Federal Reserve System

      Federal Reserve Bank of Philadelphia

      Intern

Credentials