Nutter Partner Tom Curry Named Chair of the Milken Institute’s Fintech Advisory CommitteePrint PDF
Boston – Tom Curry, a partner in Nutter’s Corporate and Transactions Department and co-leader of the firm’s Banking and Financial Services group, will serve as chair of the Milken Institute’s newly formed U.S. Financial Technology (Fintech) Advisory Committee. In this role, Curry will provide guidance and advice to the Milken Institute’s Fintech program, which conducts qualitative and quantitative research on the ability of fintech to broaden and enhance access to capital, promote financial inclusion, and enable greater transparency and more efficient compliance. Curry’s position was announced at the 2018 Milken Institute Global Conference in Los Angeles, where he was a speaker on the “Fintech: So Much Potential, Too Little Impact?” panel.
“Fintech is changing the face of financial services. We are honored that Tom is spearheading this effort to better understand the impact of fintech and the role that it can play in addressing persistent economic challenges,” said Jackson Mueller, who leads the Milken Institute’s Fintech program. “Tom’s work in the fintech sector when he was the Comptroller of the Currency underscored the importance of technology in the banking and financial services industry, and he is a highly regarded national thought leader in this area.
“Banking and finance are not static businesses, and must be allowed to evolve. The ability to adapt to meet the changing needs of customers and the marketplace is as critical today as it was 50 or 100 years ago. Simultaneously, we must also be able to responsibly innovate in order to take advantage of the large wave of progress quickly coming our way,” said Curry. “Now that online lending and payments technologies are increasingly widespread, we must determine ‘what’s next?’ and that’s exactly where the Fintech Advisory Committee comes in.”
Prior to joining Nutter, Curry served as the U.S. Comptroller of the Currency – the head of the Office of the Comptroller of the Currency, the federal agency that charters, regulates, and supervises national banks and federal savings banks – until May 2017. As Comptroller, Curry served as an ex-officio member of the Board of Directors of the Federal Deposit Insurance Corporation and the Financial Stability Oversight Council. He was also a member of the Group of Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision. Curry most recently served as an expert consultant for the International Monetary Fund.
Nutter’s Banking and Financial Services group serves numerous bank, financial institution, and fintech clients throughout the United States, Europe, and Canada. Nutter lawyers address a wide range of banking clients’ needs, including new bank formations, mergers and acquisitions, holding company formations, conversions, interstate expansion, corporate governance, regulatory and other investigations, electronic banking, and the introduction of new products and services, including securities, insurance, custody, and trust services.
Nutter is a Boston-based law firm that provides legal counsel to industry-leading companies, early stage entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s lawyers are known for their client-centric approach and extensive experience in business and finance, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates. Co-founded in 1879 by Louis D. Brandeis, who later became a renowned justice of the U.S. Supreme Court, Nutter is dedicated to helping companies prosper in today’s competitive business environment. For more information, please visit www.nutter.com and follow us on LinkedIn.
About the Milken Institute
The Milken Institute is a nonprofit, nonpartisan think tank determined to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs, and improve health. It conducts data-driven research, convenes action-oriented meetings, and promotes meaningful policy initiatives.
The Milken Institute Center for Financial Markets, based in Washington, D.C., launched its fintech program in 2014. The Institute engages with policymakers and regulators to provide guidance on flexible and responsible regulatory frameworks while examining how fintech is being applied to address persistent economic challenges. Since inception, the program has produced 80 written reports, blogs, op-eds, and comment letters, and hosted more than 30 private roundtables, public panel sessions, and congressional staff briefings.