Ballard Spahr joins American Fintech Council's legal advisory committee

The American Fintech Council (AFC) has announced that Ballard Spahr, a national law firm recognized for its expertise in financial services regulatory compliance and innovation, has joined its Legal Advisory Committee. The AFC is an industry association representing responsible fintech companies and innovative banks.

Phil Goldfeder, Chief Executive Officer of AFC, stated, "Ballard Spahr’s extensive experience in regulatory compliance, litigation, and financial innovation makes them a valuable addition to the AFC Legal Advisory Committee. Their dedication to fostering responsible innovation while ensuring regulatory compliance aligns perfectly with AFC’s mission, and we are thrilled to welcome their expertise to our work in promoting a transparent, inclusive, and customer-centric financial system."

Ballard Spahr's attorneys are noted for their skills in financial services regulation and fintech compliance. By joining the committee, they aim to collaborate with other members to shape the future of financial services.

John D. Socknat, co-leader of Ballard Spahr’s Consumer Financial Services practice said, "With more than 70 attorneys across the country and recognized skill in regulatory matters, the design of financial services products, and litigation, we are well-positioned to help clients navigate the evolving complexities of financial services regulation while driving responsible innovation. We are excited to join the AFC Legal Advisory Committee and collaborate with industry leaders to advance meaningful solutions that benefit financial institutions, innovators, and consumers."

Ballard Spahr has been acknowledged as a top firm for advising fintech companies by Chambers FinTech Guide 2024. The firm consistently ranks high nationally for consumer financial services regulation.

The AFC is known for promoting a transparent and inclusive financial system through responsible innovation in financial services. It supports competition in consumer finance by encouraging products that serve underserved segments.

About Ballard Spahr: The firm is an Am Law 100 law firm with over 750 lawyers across 18 U.S. offices serving clients in various sectors including litigation and regulatory compliance.