Highlighting the fact that financial services are the top contributor to the Massachusetts Gross State Product and a key pillar of the state's economy, the Boston Bar Association (BBA) announced the creation of its new Financial Services Section. Co-chaired by Kevin Handly, partner at Pierce Atwood, and Cornelius Hurley, director of the Banking Law Program at Boston University Law School, the Financial Services Section will address a broad array of matters of interest to banks and other financial institutions, focusing in particular on relevant legislative and regulatory developments.
"In a period of tremendous turmoil in the financial economy, there is significant need for technical 'get up to speed' training for new lawyers entering the sector, and 'stay up to date' continuing professional education for established practitioners," said Mr. Handly. Composed of the Consumer Finance, Insurance Law and Investment Companies and Advisers committees, the Financial Services section will serve a broad base of practitioners. The section will consist of lawyers, educators, and other professionals serving clients in the regulated financial sector, including, but not limited to, banks, mortgage companies, investment companies and advisers credit unions, insurance agents, consumer finance companies, money services businesses, securities brokers and hedge, private equity and venture capital funds.
"The Financial Services section will focus on maintaining, expanding and improving the governmental, educational and business services structure required to support a growing financial services sector in Boston," said Mr. Hurley. "We hope to be a communication bridge and provide opportunity for cross-fertilization between different segments of the financial services industry."
For more information or to get on the mailing list, contact the Boston Bar at (617) 778-1982 or email [email protected].