A recognized dean of the consumer finance bar.Chambers USA
Jeremiah S. Buckley
Partner
Biography
Over a 40 year career, Jerry Buckley has established himself as an acknowledged leader in financial services law. He is a founding partner of Buckley LLP and founder of Treliant Risk Advisors LLC, a leading consulting firm serving the financial services industry.
Mr. Buckley assists his clients — banks, mortgage companies, credit card issuers, insurance companies, broker dealers, fintech lenders, investment banks, and private equity investors — with strategic counsel and advice on business formations and acquisitions, risk management, and enforcement matters involving federal and state regulators.
Mr. Buckley’s practice involves the defense of companies that are targets of inquiries or enforcement actions by the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve, Consumer Financial Protection Bureau (CFPB), Federal Trade Commission (FTC), Department of Housing and Urban Development (HUD), and state attorneys general.
An article he wrote in the American Banker in 2016, “The Compliance Officer Bill of Rights,” focused attention on the growing risks faced by compliance officers. This led to a symposium on “Rights and Responsibilities of Today’s Chief Compliance Officers — Their Evolving Role,” which was chaired by Mr. Buckley and sponsored by American University Washington College of Law. Chief compliance officers from the nation’s leading companies participated in this seminal discussion about how to define and make safe the job of a chief compliance officer.
Mr. Buckley acts as counsel for a number of national services trade associations in matters before regulatory agencies and Congress, and in filing amicus curiae briefs related to the interpretation of banking and consumer finance laws in cases before the U.S. Supreme Court and appellate courts. He has extensive experience with electronic signatures. He serves as General Counsel of the Electronic Signatures and Records Association (ESRA); and he played a leading role in negotiations that led to the enactment of the federal E-Sign Act authorizing the nationwide use of electronic signatures and records; counsel the Drafting Committee for Standards and Procedures for Electronic Records and Signatures; and is co-author of The Law of Electronic Signatures and Records (West, 2009).
Prior to entering private practice, Mr. Buckley served as Republican Staff Director of the U.S. Senate Banking Committee. During his service on the committee staff, he participated in drafting banking and bank holding company legislation, housing legislation, securities law amendments, Real Estate Settlement Procedures Act (RESPA), the Fair Credit Reporting Act (FCRA), Foreign Corrupt Practices Act (FCPA), Truth in Lending Act (TILA) amendments, and other finance-related legislation. He also assisted in drafting the Equal Credit Opportunity Act (ECOA), the Community Reinvestment Act (CRA), and the Home Mortgage Disclosure Act (HMDA).
Mr. Buckley was selected for inclusion in both Best Lawyers (2013-2019) and Chambers USA: America’s Leading Lawyers for Business (2008-2018). Since 2015, he has been ranked in Chambers as a Senior Statesman in Financial Services Regulation: Consumer Finance (Compliance). Chambers describes him as "a recognized dean of the consumer finance bar." In 2015, Mr. Buckley received the Senator William Proxmire Lifetime Achievement Award from the American College of Consumer Financial Services Lawyers.
Mr. Buckley received his J.D. from the University of Virginia Law School, and his A.B. from Fairfield University.
A recognized dean of the consumer finance bar.Chambers USA
Webcasts & Speaking Engagements
eSignRecords 2015
Jeremiah Buckley spoke at the eSignRecords 2015 Conference November 17-18, 2015 in New York City. Mr. Buckley spoke on the keynote panel "ESIGN at 15: A Look Back, A View Forward" on Tuesday, November 17 from 5:00 - 5:45 p.m. Click here to learn more about this event.
Speaking EngagementNational Association of Federal Credit Unions: 2015 Regulatory Compliance School - Fair Lending & Regulation B
Jeremiah Buckley and Marshall Bell spoke at the National Association of Federal Credit Unions' 2015 Regulatory Compliance School, held March 30 - April 4, 2015 in Arlington. VA. Mr. Buckley discussed RESPA and Mr. Bell discussed the Fair Credit Reporting Act. Click here to learn more about this...
Speaking EngagementHOPE NOW & Housing Policy Center Conference
Jeremiah Buckley and Valerie Hletko spoke at HOPE NOW and the Housing Policy Center's conference on November 20, 2014 in Washington, DC.
Speaking EngagementSTAGE Network Webinar: AG Elections Roundup
On Tuesday, November 4, 12 new state Attorneys General were elected to office. We examined the potential effects of their election, as viewed by several experts. The webinar and discussion featured commentary and insight on what might be expected from Doyle Bartlett of the Eris Group, LLC and...
Speaking EngagementSTAGE Network Webinar: Cybersecurity and Hacking: The New Frontier for State Attorneys General
Jeremiah Buckley and Tom Sporkin spoke on a STAGE Network Webinar titled “Cybersecurity and Hacking: The New Frontier for State Attorneys General” on October 16, 2014. They examined the efforts of federal agencies, state Attorneys General and financial services sector participants to respond to the...
Speaking EngagementSTAGE Network Webinar: Cross Border Money Laundering
This webinar examined recent initiatives to strengthen anti-money laundering (AML) activities and the place that State Attorneys Generals (AGs) may occupy in the future in efforts to stem the flow of illicit funds between the U.S. and other countries. It focused in part on the initiative of several...
Speaking Engagement
In The News
Buckley Sandler and its founding profiled in Law360
The firm was profiled in a Law360 article, "Too small to fail?" which discussed the creation of Buckley Sandler and its success over the past decade. Click here to read the full article . Originally published in Law360; reprinted with permission.
In The NewsBuckley Sandler recognized by Chambers USA as “an excellent firm” with “a fine stable of expert attorneys”
Buckley Sandler once again has received top recognition in financial services regulation and white collar crime/government investigations from Chambers USA, which ranks the country’s leading firms and lawyers in a range of practice areas by researching the firms and interviewing...
AnnouncementsAndrew L. Sandler and Jeremiah S. Buckley Mentioned in Wall Street Journal Article, “The Internal Divide Behind Trump’s Takeover of Consumer Watchdog”
On December 21, 2017, the Wall Street Journal article, “The Internal Divide Behind Trump’s Takeover of Consumer Watchdog,” which discussed candidates that were considered to head the Consumer Financial Protection Bureau, noted that Treasury Secretary Steven Mnuchin “also considered Keith Noreika,...
In The NewsBuckley Sandler Recognized by Chambers USA as an “Exceptional” Financial Services Regulation and White Collar Firm
Buckley Sandler has continued to receive top recognition in the areas of financial services regulation and white collar crime/government investigations from Chambers USA , which ranks the country’s leading firms and lawyers in a range of practice areas based on in-depth client interviews and peer...
In The NewsBest Lawyers in America Recognizes 11 Buckley Sandler Partners for 2018
Buckley Sandler is pleased to announce that 11 of its partners have been recognized by their peers for inclusion in Best Lawyers in America® 2018.
Partners Jeremiah S. Buckley,...
AnnouncementsThe Legal 500 2017 Recognizes Four Practice Areas and 20 Attorneys at Buckley Sandler
Buckley Sandler has again been cited as one of the nation’s top law firms by The Legal 500 in its 2017 rankings, with the recognition of four practice areas:
- Financial Services: Litigation
- Financial Services: Regulatory
- Cyber Law (Data Protection and ...
Best Lawyers in America Recognizes Eight Buckley Sandler Partners in 2017 List
BuckleySandler is pleased to announce that eight of its partners have been recognized by their peers for inclusion in Best Lawyers in America® 2017 in nine categories, and Jeremiah Buckley has been named a Lawyer of the Year in Litigation - Banking and Finance for Washington, DC. Partners Andrew L...
Press ReleasesLegal 500 Recognizes Four Practice Areas and 14 Attorneys at Buckley Sandler in 2016 Rankings
Buckley Sandler LLP has again been noted as one of the nation’s top law firms, with recognition of four practice areas by The Legal 500 in its 2016 rankings: Financial Services: Litigation Financial Services: Regulatory Technology: Data Protection and Privacy White-Collar Criminal Defense In...
In The NewsBuckley Sandler Noted As "One of the Most Significant Consumer Finance and Banking Enforcement Firms in the US Market" By Chambers USA
Buckley Sandler has continued to receive top recognition in financial services regulation and white collar crime/government investigations from Chambers USA , which ranks leading firms and lawyers in a range of practice areas throughout the US based on in-depth client and peer research. The firm...
In The News23 Buckley Sandler Attorneys Named To 2016 Washington, DC Super Lawyers and Rising Stars Lists
Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The selection process is multi-phased and includes independent research, peer nominations, and peer evaluations. We are proud...
In The NewsJeremiah Buckley Featured as Spotlight Member in September 2015 ABA Consumer Financial Services Committee Newsletter
Jerry Buckley was featured as a Spotlight Member in the September issue of the ABA’s Consumer Financial Services Committee newsletter. Titled “Jeremiah S. Buckley: From Participating in the Birth of Consumer Financial Services Laws to Shaping the Future of the Industry,” and written by former...
In The NewsJeremiah Buckley Elected Chancellor of Washington's Exchequer Club
Jeremiah S. Buckley, a founding partner of Buckley Sandler LLP, has been elected Chancellor of the Exchequer Club of Washington, DC. He will begin his duties on August 1. A long-time Club member, Mr. Buckley most recently served as Vice-Chancellor. The Exchequer Club was formed in 1960 by a group...
Press ReleasesLegal 500 Recognizes Four Practice Areas and 11 Attorneys at Buckley Sandler LLP
Buckley Sandler LLP is pleased to announce that The Legal 500 United States 2015 has recognized the firm and its attorneys in four practice areas. The firm has been recognized in the following practice areas: • Finance - Financial Services: Litigation • Finance - Financial Services: Regulatory •...
Press ReleasesBuckley Sandler Noted as "Firm of Preeminent Repute in the Consumer Finance and Fair Lending Space" by Chambers USA
Buckley Sandler LLP is pleased to announce that the firm and 13 of its attorneys have received top rankings in Chambers USA , which ranks leading firms and lawyers in a range of practice areas throughout the US based on in-depth client and peer research. Buckley Sandler is ranked as a Band 1 firm...
Press ReleasesJeremiah Buckley Receives Lifetime Achievement Award from American College of Consumer Financial Services Lawyers
Buckley Sandler LLP is pleased to announce that Jeremiah S. Buckley is the latest attorney at the firm to receive honors from the American College of Consumer Financial Services Lawyers (“ACCFSL” or “the College”), a professional organization dedicated to the improvement and enhancement of the...
In The News22 Buckley Sandler Attorneys Named to 2015 Washington, DC Super Lawyers and Rising Stars Lists
Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The selection process is multi-phased and includes independent research, peer nominations, and peer evaluations. We are proud...
Press ReleasesEight Buckley Sandler Partners Listed in Best Lawyers in America 2015; Andrew L. Sandler Named a Lawyer of the Year
Buckley Sandler is pleased to announce that eight of its partners have been recognized by their peers for inclusion in Best Lawyers in America ® 2015 in multiple categories, and Andrew L. Sandler has been named a Lawyer of the Year in Litigation - Banking and Finance for Washington, DC. Partners...
Press ReleasesChambers USA Recognizes Buckley Sandler For Its Highly Impressive Presence in the Financial Services Field
WASHINGTON, DC (May 27, 2013) Buckley Sandler LLP , a nationally recognized financial services and criminal and civil enforcement defense law firm, is pleased to announce that the firm and 11 of its partners have received top rankings in Chambers USA , which ranks leading firms and lawyers in a...
Press Releases
Articles & Special Alerts
Jeremiah S. Buckley Authored an American Banker Article, "Secretary Mnuchin's Challenge: Rethink Consumer Finance"
Our nation's consumer finance laws, enacted nearly 50 years ago, are outdated. Reams of disclosures go unread and billions are spent by banks to comply with hypertechnical regulations. Perhaps more worrisome, the silent premise underlying many of these laws is that the key to assuring consumer...
ArticlesSpecial Alert: OCC Takes the Next Step Toward a Fintech National Bank Charter
On December 2, 2016, the Office of the Comptroller of the Currency (“OCC”) announced its plans to move forward with developing a special purpose national bank charter for financial technology (“fintech”) companies. Accompanying the Comptroller of the Currency, Thomas J. Curry’s announcement, the...
InfoBytesSpecial Alert: OCC Takes the Next Step Toward a Fintech National Bank Charter
On December 2, 2016, the Office of the Comptroller of the Currency (“OCC”) announced its plans to move forward with developing a special purpose national bank charter for financial technology (“fintech”) companies. Accompanying the Comptroller of the Currency, Thomas J. Curry’s announcement, the...
ArticlesSpecial Alert: Election Results - Preliminary Thoughts and Reactions
As a result of last Tuesday’s election, Republicans will control the White House and both houses of Congress in 2017. It is likely there ultimately will be some significant changes affecting financial services regulation and enforcement, but they will take time to implement. The President-elect has...
ArticlesSpecial Alert: D.C. Circuit Panel Rejects CFPB's RESPA Interpretation and Alters its Structure in PHH Corp. v. CFPB
On October 11, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit issued an opinion vacating a $109 million penalty imposed on PHH Corporation under the anti-kickback provisions of the Real Estate Settlement Procedures Act (RESPA), concluding that the CFPB...
ArticlesSpecial Alert: CFPB Proposes Amendments to Know Before You Owe/TRID Rule
On Friday, the CFPB issued its much anticipated proposal to amend the KBYO/TRID rule. The CFPB crowded dozens of proposed changes into the almost 300 page proposal, most of which are highly technical and require careful examination. As the Bureau has signaled since its intention to issue amendments...
ArticlesSpecial Alert: Maryland Ruling Opens New Front in Battle Over Bank Partnership Model
On June 23, the Maryland Court of Appeals affirmed a lower court judgment holding that a non-bank entity assisting consumers obtain loans from an out-of-state bank and then repurchasing those loans days later qualifies as a “credit service business” under the Maryland Credit Services Business Act (...
ArticlesThe Law of Electronic Signatures and Records, 2016 Edition
The Law of Electronic Signatures and Records is an essential guide to electronic signatures and records laws, including the context in which the laws were adopted and the ways in which the authors believe the drafters intended them to be interpreted. Buckley Sandler attorneys John Kromer and Jerry...
ArticlesSpecial Alert: CFPB Plans to Propose TRID Amendments in July
Director Cordray announced yesterday in a letter to industry trade groups that the CFPB has "begun drafting a Notice of Proposed Rulemaking (NPRM) on the Know Before You Owe Rule.” However, contrary to some reports, the proposal is not imminent. Instead, Director Cordray stated that the Bureau “...
ArticlesThe Compliance Officer Bill of Rights
Jeremiah Buckley authored "The Compliance Officer Bill of Rights," which was published Monday, February 22, 2016 in American Banker . Regulators and prosecutors are under increasing pressure to bring charges not only against companies, but also against individual corporate officers. Compliance...
ArticlesSpecial Alert: CFPB Director Opines on TRID Liability
On December 29, 2015, CFPB Director Richard Cordray issued a letter in response to concerns raised by the Mortgage Bankers Association regarding violations of the CFPB’s new TILA-RESPA Integrated Disclosure (“TRID”) rule, also known as the Know Before You Owe rule. In an effort to address concerns...
ArticlesThe Law of Electronic Signatures, 2014-2015 Edition
The Law of Electronic Signatures and Records is an essential guide to electronic signatures and records laws, including the context in which the laws were adopted and the ways in which the authors believe the drafters intended them to be interpreted. Buckley Sandler attorneys John Kromer and Jerry...
ArticlesSpecial Alert: CFPB Officially Delays TRID Rule Until October 3
The CFPB finalized a rule today that delays the effective date of the TILA-RESPA Integrated Disclosure (“TRID”) rule, including all amendments, from August 1 to October 3, 2015 . This is consistent with the proposed rule issued last month, which we wrote about here . The CFPB considered...
ArticlesSpecial Alert: CFPB Issues Proposal to Delay TRID Rule Until October 3
The CFPB issued a proposed rule today to delay the effective date of the TILA-RESPA Integrated Disclosure (“TRID”) rule, including all amendments, from August 1 to October 3, 2015. The proposed delayed effective date is two days later than the date announced last week so that the effective date...
ArticlesSpecial Alert: CFPB Will Propose to Delay TRID Rule Until October 1
Two weeks after declining requests from industry and members of Congress for delayed enforcement of the TILA-RESPA Integrated Disclosure (“TRID”) rule, the CFPB announced today that it will be issuing a proposed amendment to delay the rule’s effective date from August 1 to October 1, 2015. CFPB...
ArticlesSpecial Alert: CFPB Issues Statement on TRID Enforcement
On June 3, CFPB Director Cordray responded to requests from industry and members of Congress for delayed enforcement of the Bureau’s TILA-RESPA Integrated Disclosure (“TRID”) rule, which will take effect for applications received on or after August 1, 2015. The Bureau did not, as many had hoped,...
ArticlesSpecial Alert: CFPB States Supervisory Obligations Trump Nondisclosure Agreements
On January 27, the CFPB issued Compliance Bulletin 2015-01 to remind supervised financial institutions of their obligations concerning the disclosure of confidential supervisory information (CSI) to the CFPB and to third parties. Specifically, the Bulletin addresses the interaction between a...
ArticlesSpecial Alert: CFPB Finalizes Amendments to TILA-RESPA Integrated Mortgage Disclosures
On January 20, 2015, the CFPB finalized amendments to the TILA-RESPA Integrated Disclosure (“TRID”) rule that make a number of amendments, clarifications, and corrections, including: Relaxing the redisclosure requirements after a rate lock. The final rule permits creditors to provide a revised Loan...
ArticlesTo Restore Trust in Banks, Build Ethics Into Business Decisions
Trust is the bedrock upon which the banking business is built. However, revelations of unethical conduct at some banks have put that trust at risk. Senior officers of the Federal Reserve and other financial regulators recently met with management at leading banks to emphasize the need for a...
ArticlesSpecial Alert: CFPB Finalizes Points-and-Fees Cure and Other Mortgage Rule Amendments
Last week, the CFPB finalized an important amendment to its ATR/QM Rule that provides a mechanism for curing points-and-fees overages on qualified mortgage (“QM”) loans, as well as more minor amendments to its mortgage origination and servicing rules. The new rules, which were proposed in April,...
ArticlesSpecial Alert: Proposed Amendments to the TRID Rule and Introducing Buckley Sandler's TRID Resource Center
Buckley Sandler is pleased to announce our new TILA-RESPA Integrated Disclosure (“TRID”) Resource Center . The TRID Resource Center is a one-stop shop for TRID issues, providing access to Buckley Sandler’s analysis of the TRID rule and the CFPB’s amendments, transcripts of CFPB webinars providing...
ArticlesSpecial Alert: CFPB Bulletin Re-Emphasizes Focus on Mortgage Servicing Transfers
On August 19, 2014, the CFPB issued Bulletin 2014-01 to address “potential risks to consumers that may arise in connection with transfers of residential mortgage servicing rights.” The bulletin, which is the latest in a series of CFPB regulations, statements, and guidance on this subject, replaces...
ArticlesSpecial Alert: CFPB Issues Guidance on Supervision and Enforcement of Mini-Correspondent Lenders
This afternoon, the CFPB issued policy guidance on supervision and enforcement considerations relevant to mortgage brokers transitioning to mini-correspondent lenders. The CFPB states that it “has become aware of increased mortgage industry interest in the transition of mortgage brokers from their...
ArticlesSpecial Alert: CFPB Guidance States That Successors Are Not Subject to the ATR/QM Rule
On July 8, 2014, the CFPB issued an interpretive rule stating that the addition of a successor as an obligor on a mortgage does not trigger the Ability-to-Repay/Qualified Mortgage Rule (“ATR/QM Rule”) requirements if the successor previously received an interest in the property securing the...
ArticlesProcedural Protections for Individuals in Financial Enforcement Actions
In the five years since the financial crisis began, critics have argued that regulators aren’t doing enough to hold individual actors accountable for their conduct leading up to the crisis. These critics, however, may soon be appeased, with regulators promising to name names and hold individuals...
Articles
Awards and Recognitions
Awards & Recognitions
- Best Lawyers 2019: Banking and Finance Law, Financial Services Regulation Law, Litigation - Banking and Finance
- Super Lawyers 2019: Banking, Consumer Law, Administrative Law
- Chambers USA 2018: Senior Statesman, Consumer Finance (Compliance)
- Best Lawyers 2018: Banking and Finance Law, Financial Services Regulation Law, Litigation - Banking and Finance
- Super Lawyers 2018: Banking, Consumer Law, Administrative Law
- Legal 500 2017: Recognized in the Financial Services: Regulatory practice area
- Chambers USA 2017: Senior Statesman, Consumer Finance (Compliance)
- Best Lawyers 2017: Lawyer of the Year (D.C. Litigation - Banking and Finance), Banking and Finance Law, Financial Services Regulation Law, Litigation - Banking and Finance
- Super Lawyers 2017: Banking, Consumer Law, Administrative Law
- Legal 500 2016: Recognized in the Finance - Financial Services: Regulatory practice area
- Chambers USA 2016: Senior Statesman, Consumer Finance (Compliance)
- Super Lawyers 2016: Banking, Consumer Law, Administrative Law
- 2015 Cornerstone Award, Electronic Signatures & Records Association
- Chambers USA 2015: Senior Statesman, Consumer Finance (Compliance)
- American College of Consumer Financial Services Lawyers 2015 Senator William Proxmire Lifetime Achievement Award
- Legal 500 2015: Recognized in the Finance - Financial Services: Regulatory practice area
- Super Lawyers 2015: Banking, Consumer Law, Administrative Law
- Best Lawyers 2015: Banking and Finance Law, Financial Services Regulation Law, Litigation - Banking and Finance
- Chambers USA 2014: Senior Statesman, Consumer Finance (Compliance)
- Legal 500 2014: Recognized in the Finance - Financial Services: Regulatory practice area
- Super Lawyers 2014: Banking, Consumer Law, Administrative Law
- Best Lawyers 2014: Banking and Finance Law, Financial Services Regulation Law, Litigation - Banking and Finance
- Chambers USA 2013: Senior Statesman, Consumer Finance (Compliance)
- Super Lawyers 2013: Banking, Consumer Law, Administrative Law
- Best Lawyers 2013: Banking and Finance Law
- Chambers USA 2012: Band 1, Financial Services Regulation: Consumer Finance (Compliance)
- Chambers USA 2010 and 2011: Band 2, Financial Services Regulation: Consumer Finance (Compliance)
- Chambers USA 2009: Band 2, Financial Services Regulation
- D.C.'s Top Financial Services Lawyers list, Washingtonian magazine 2009
- Who's Who in American Law
- Who's Who in the World
- Director at Large of the Exchequer Club of Washington, D.C.
Practice Areas
- Bank Counseling & Compliance
- Congressional Investigations
- Consumer Finance
- Consumer Financial Protection Bureau
- Enforcement Actions & Investigations
- Examinations
- Fintech
- Formation, Charter & Structure
- Licensing
- Mortgages
- Privacy, Cyber Risk & Data Security
- State Attorneys General
- Unfair, Deceptive, or Abusive Acts or Practices
Education
- J.D., University of Virginia, 1969
- A.B., Fairfield University, 1966
Admissions
- Connecticut
- District of Columbia
- U.S. Supreme Court
Government Service
- Republican Staff Director of the U.S. Senate Banking Committee