Increased regulation in recent years has hit community banks the hardest because often times they do not have the resources to handle the increased regulatory burdens.
Gunster attorney Gus Schmidt highlights a potential solution for smaller financial institutions to reduce regulatory costs and burdens.
Schmidt focuses his practice on securities and corporate governance, mergers and acquisitions, bank regulation, capital raising, capital markets and general corporate matters. He advises both privately held and publicly traded companies in all aspects of their businesses including public securities offerings, listing of securities on national securities exchanges, bank and bank holding company regulation, Exchange Act reporting, exempt securities offerings, proxy solicitations and corporate governance matters.
Read the full article: Community banks should consider ditching their bank holding companies (subscription req’d)