SEAN SMITH represents financial institutions on regulatory, transactional and litigation matters as a member of the Banking and Financial Services practice group.
Sean is a former assistant vice president in U.S. Bank’s Regulatory Affairs Division. In this position, he ensured effective compliance with federal banking laws and regulations by managing comprehensive reviews of business line policies, procedures, and practices concerning issues of significant regulatory risk. He also drafted comment letters on proposed rules, such as the Department of Education’s proposal on campus banking products, and engaged in other avenues of advocacy with federal regulators.
Prior to joining the U.S. Bank, Sean served at the Missouri Attorney General’s Office focusing on complex litigation with the Consumer Protection Division. He served as the team leader for complex litigation and managed the state’s civil securities litigation against Standard and Poor’s concerning its ratings of mortgage-backed securities. He also oversaw the administration of the National Mortgage Settlement and served as the primary attorney on the state’s criminal prosecution of Lender Processing Services and DocX for mortgage document “robo-signing.” The prosecution provided the basis for a global plea agreement and approximately $150 million in civil settlements. Additionally, Sean litigated several Unfair and Deceptive Acts and Practices (UDAP) matters, managed several other criminal prosecutions or investigations, and participated in numerous state attorneys general multi-state investigations.