Last week, Venable announced that Michael J. Bresnick, former Executive Director of the President's Financial Fraud Enforcement Task Force, who also served as Assistant Chief in the Fraud Section of U.S. Department of Justice's Criminal Division, has joined as a partner in the firm's Washington, DC office. Bresnick will serve as Chair of the Financial Services Investigations and Enforcement Practice. He advises clients on a wide range of financial services, government enforcement actions, consumer protection, BSA/AML, securities matters and congressional investigations.
Multiple publications featured news of Bresnick’s move to Venable including Reuters and Main Justice on March 30, 2015, American Lawyer on March 29, and Law360, National Law Journal, Washington Business Journal and Bisnow on March 27.
"I was just attracted to the incredibly deep bench they have here at Venable," Bresnick told Law360. "They have such a storied practice in the areas that I have experience in…They've got such a great sort of roster of existing clients." He added that his new position will to work on regulatory and enforcement matters involving "an alphabet soup of government agencies."
Speaking with Main Justice about his move Bresnick said, "The firm has a great history of work in representing banks and payment processors and others in the payments industry…They're all facing sort of what can be seen as an avalanche of regulation and enforcement from a variety of agencies. I'll be working with them and others in the firm to help them navigate those potential landmines."