(Reuters) – Continuing a recent focus on financial industry regulatory hires, Los Angeles-founded O’Melveny & Myers said Tuesday that it has added a banking regulatory lawyer from Wilmer Cutler Pickering Hale and Dorr as a partner in Washington, D.C.
Jarryd Anderson joins O’Melveny two months after it hired anti-money laundering and financial technology specialist AnnaLou Tirolin Washington from the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), where she was deputy director.
The firm also added a former federal financial crimes prosecutor, Rebecca Mermelstein, as a partner in New York this month from the Manhattan U.S. attorney’s office.
O’Melveny chair Bradley Butwin said in a statement that regulatory scrutiny is growing as innovation in the financial services sector surges.
“The Fed is focusing on central bank digital currencies, stablecoins and digital asset activity, so I think that’s a trend that’ll be very important to a lot of our fintech clients,” Anderson said.
Before moving into private practice, Anderson worked in-house at financial institutions including Wells Fargo & Co, where he was a vice president and senior counsel.
Earlier he was a policy advisor for the Board of Governors of the Federal Reserve system and helped develop and implement the Dodd-Frank Act.
A representative from WilmerHale did not immediately respond to a request for comment on Anderson’s departure.
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Chinekwu Osakwe covers legal industry news with a focus on midsize law firms. Reach her at Chinekwu.firstname.lastname@example.org.