Success message
Error message
The Law Offices of Alan Abergel, P.C. (“LOAA”) represents banks, bank holding companies, financial institutions, and institution-affiliated parties in matters involving Federal Reserve supervision, regulatory compliance, and administrative enforcement proceedings.
Attorney Alan Abergel is licensed by both the State Bar of Texas and the State Bar of California.
The Federal Reserve System is the central bank of the United States and performs key functions to promote the effective operation of the U.S. economy and the public interest, including:
Conducting monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates
Promoting financial system stability and monitoring systemic risks
Promoting the safety and soundness of financial institutions
Fostering payment and settlement system safety and efficiency
Promoting consumer protection and community development through supervision and enforcement of consumer financial laws
The Federal Reserve supervises and has statutory authority to take enforcement actions against:
State member banks
Bank holding companies
Savings and loan holding companies
Nonbank subsidiaries of bank holding companies and savings and loan holding companies
Edge Act and agreement corporations
Branches and agencies of foreign banking organizations operating in the United States and their parent banks
Systemically important nonbank financial companies designated by the Financial Stability Oversight Council (FSOC)
Officers, directors, employees, and other institution-affiliated parties
The Federal Reserve may take formal enforcement actions for:
Violations of laws, rules, or regulations
Unsafe or unsound practices
Breaches of fiduciary duty
Violations of final regulatory orders
Formal enforcement actions may include:
Cease and desist orders
Written agreements
Prompt corrective action directives
Removal and prohibition orders
Orders assessing civil money penalties
LOAA provides legal services in matters involving Federal Reserve supervision and enforcement, including:
Representation in administrative hearings, proceedings, and investigations
Regulatory compliance counseling for Federal Reserve-supervised institutions
Advisory services for institution-affiliated parties subject to Federal Reserve jurisdiction
Transactional and regulatory structuring advice for banks and financial institutions
LOAA advises financial institutions on:
Federal Reserve supervisory expectations
Governance and fiduciary duty compliance
Risk management and internal controls
Regulatory response planning and remediation strategies
LOAA provides administrative, civil, compliance, and transactional legal services in matters involving Federal Reserve supervision and enforcement.
No criminal defense services are provided.
“I engaged Alan to help me through the complexities of obtaining my Lenders License. He was very knowledgeable about the process and provided me with a high level of service. I worked quickly getting him all the information needed and he worked at my pace. He was responsive to e-mails and questions and followed up with the DFPI to make sure everything was filed correctly. I had read online that this process could take as long as 6 months however Alan completed the assignment in less than 3 I will be retaining his services in the future to ensure my company remains in compliance."
--Petroleum Realty Group Inc.
"I hired Alan to represent me as a mortgage broker before the California Department of Real Estate. I couldn't be more pleased with Alan's services from start to finish. Alan was clear and concise. Alan's communication throughout the process was professional. I received the results I hoped for. Thank you Alan. I'll definitely recommend you to ALL and use your services again in the future shall I need anything!"
-Anonymous
"Very helpful in assisting in obtaining an OCCC Texas Motor Vehicle Sales Finance License. Very knowledgeable in answering all questions the OCCC asked for on their questionnaire. Highly recommended and would re-hire for any future assistance regarding motor vehicle and finance business. God Bless!"
-Raul
