The cannabis industry presents unprecedented opportunities for businesses and entrepreneurs. Yet, entities looking to engage in this emerging industry face daunting levels of legal complexity and uncertainty. Moreover, state and local governments are constantly tasked with regulating an ever-evolving industry. Dykema's Cannabis Law Blog discusses important cannabis-related legal developments, reviews the practical implications of those developments, and provides valuable insight for anyone...
Practice Expertise
- Business Services
- Corporate Finance
- Mergers & Acquisitions
Areas of Practice
- Business Services
- Corporate Finance
- Mergers & Acquisitions
Profile
Scott Fryzel is a member of the Firm's Financial Industry Group. He represents national and state-chartered banks, foreign banks, credit unions, fintech companies and other financial institutions in a broad array of issues from core banking services to innovative financial products and alternative delivery channels. Mr. Fryzel is distinguished in the industry for specializing in fintech initiatives such as loan programs and payment processing, treasury management services, regulatory, outsourcing, vendor and client services agreements, and trade services transactions and processing. He advises clients on regulatory compliance with respect to institutional and policy matters, including guidance on issues for directors and senior officers, and the consumer regulations of the CFPB, OCC, FDIC, and the Federal Reserve. He regularly drafts agreements for commercial and consumer deposit products, card programs, and structured deposits as well as outsourcing projects and white-label programs.
As a former bank regulator and in-house counsel, Mr. Fryzel draws upon different perspectives and over 24 years experience to successfully advise clients on legal and regulatory issues impacting financial institutions.
Bar Admissions
Illinois, 1994
Education
Loyola University School of Law, J.D., 1994 Eureka College, B.A., Accounting, 1990
Areas of Practice
- Business Services
- Corporate Finance
- Mergers & Acquisitions
Articles
Illinois Passes Bill Prohibiting Lenders From Charging More Than 36% APR on Consumer Loans
By Scott Fryzel |January 2021Illinois Passes Bill Prohibiting Lenders From Charging More Than 36% APR on Consumer Loans
By Scott Fryzel |January 2021Considerations for Financial Institutions Regarding Security Procedures for a Remote Workforce
By Scott Fryzel |March 2020
Blogs
The Firewall
The Firewall keeps you up to date on the hottest legal topics in the ever-changing world of data security and privacy. As information security becomes a critical facet of all businesses and industries and the target of many regulators, it is important to stay apprised of new legal developments. The Firewall provides insightful legal analysis of the emerging issues in data privacy and cybersecurity law to help businesses stay ahead of the curve.
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