Adam Maarec is a consumer financial services attorney in the firm’s national Business and Transactions Department. He has over a decade of experience representing global financial institutions, both as in-house counsel and through his private practice.
Adam advises clients on regulatory compliance issues related to a variety of consumer and small business products and services, including credit cards, digital wallets, loans, deposits, data sharing agreements, and the deployment of emerging technologies, including artificial intelligence. He advises on rules prohibiting unfair, deceptive, and abusive acts and practices (UDAAPs); the Truth in Lending Act (Regulation Z); the Electronic Funds Transfer Act (Regulation E and NACHA); the Fair Credit Reporting Act (Regulation V); the Gramm Leach Bliley Act (Regulation P); the Truth in Savings Act (Regulation DD); the Expedited Funds Availability Act (Regulation CC); as well as state privacy laws. He has been involved in every step of the Consumer Financial Protection Bureau’s 1033 (open banking) rulemaking process, and handles a wide range of matters across the Fintech industry.
Professional Highlights
Professional Activities
Vice Chair, Electronic Financial Services Subcommittee & Digital Currency, Consumer Financial Services Committee, American Bar Association
General Counsel, Women in Housing and Finance
Member, Emerging Payments Advisory Committee, Nacha Payments Innovation Alliance
Speaking Engagements
"1033 Reopened: Understanding the Impact of Data Access Fees," MX Virtual Roundtable, September 26, 2025
"Why Should You Care About Section 1033 and Open Banking Now?", American Bankers Association (ABA) Risk and Compliance Conference, June 11, 2025
"The CFPB's Final 1033 Rules: Exploring the Impact of New Personal Financial Data Rules on Open Banking and Payments," The Conference on Consumer Finance Law (CCFL), May 29, 2025
Publications
"The State of U.S. Open Banking Regulation in 2025," Conference on Consumer Financial Law, Volume 78, No. 3, October 2025
"Glimmers of Clarity Appear Amid Open Banking Disarray," Law360 Expert Analysis, October 2025
"Examining How Existing Federal Consumer Privacy Laws Apply to the Open Banking Ecosystem," The Review of Banking & Financial Services, August 2025
Credentials
Education
George Washington University Law School (J.D. 2010)
University of Maryland, College Park (B.S. 2006)
Admissions
District of Columbia
Maryland