Stephen Meyer Joins Sullivan & Cromwell’s Financial Institutions Group

April 9, 2012

Sullivan & Cromwell LLP announced that Mr. Meyer has joined the firm as a special counsel in the firm's Financial Institutions Group. He will be based in the firm's Washington, D.C. office.

With 34 years of government service, including 19 years with the Board of Governors of the Federal Reserve System, Mr. Meyer has extensive expertise with respect to banking, futures and derivatives, and consumer protection matters. Mr. Meyer served as assistant general counsel (enforcement) at the Federal Reserve from 2005 to 2012. During that time, he played a leading role in virtually every significant enforcement action taken by the Board affecting the financial services industry.

“We are delighted Steve has joined us,” said Mr. Wiseman, managing partner of Sullivan & Cromwell's Financial Institutions Group. “Our global Financial Institutions Group now numbers more than 100 lawyers practicing in the regulatory, M&A, capital markets, enforcement and litigation areas. Steve's arrival further augments the very strong FIG team we have on the ground in Washington.” The Washington, D.C.-based members of Sullivan & Cromwell's Financial Institutions Group already include Andrew S. Baer, William F. Kroener III, J. Virgil Mattingly, Andrea R. Tokheim and Samuel R. Woodall III. They have served in such distinguished positions as general counsel of the Federal Deposit Insurance Corporation as well as general counsel and counsel of the Board of Governors of the Federal Reserve System.

Mr. Meyer is widely recognized within the federal regulatory community for his substantive skills and experience in administrative enforcement matters. In addition to the Federal Reserve System, where he held various positions between 1992 and 2012, Mr. Meyer has worked in the Enforcement Division at the Commodity Futures Trading Commission and the Bureau of Consumer Protection at the Federal Trade Commission. In these positions he played a major role in a wide variety of complex, precedent-setting regulatory investigations, enforcement and litigation, most notably with respect to matters involving the Bank Holding Company Act, the Federal Deposit Insurance Act, the Bank Secrecy Act and anti-money laundering programs.

Mr. Meyer is a member of the New York and District of Columbia bars, as well as the Court of Appeals for the District of Columbia Circuit. He received his B.A. from Trinity College in 1974 and his J.D. from New York University School of Law in 1977.