As part of a restructuring in his administration, New Jersey Governor and GOP Presidential Candidate Chris Christie has nominated Richard J. Badolato, formerly a private practice insurance litigator in Roseland, NJ, as the new Commissioner of the New Jersey Department of Banking and Insurance. Mr. Badolato has been serving as Acting Commissioner since August 1, 2015.
The New Jersey State Bar Association’s Banking Law Section, in conjunction with the New Jersey Bankers Association and the New Jersey Mortgage Bankers Association, will be hosting an Evening with the Commissioner on Thursday, September 17, 2015, at 6pm, in New Brunswick, NJ. This event will be a great opportunity for banking, insurance, and real estate professionals from throughout the region to meet the state’s new chief regulator for these key industries. In order to register for this unique and exciting event, please click here.
Mr. Badolato previously served as president of the New Jersey State Bar Association, president of the New Jersey State Bar Foundation, and Chairman for the Supreme Court Advisory Committee on Professional Ethics. Mr. Badolato graduated from Rutgers School of Law and Fairfield University.
The Banking Law Section is composed of several of New Jersey’s top banking and financial services practitioners, including current Section Vice Chair, Travis Nelson, and former Chair Robert Jaworski, both of Reed Smith’s Princeton Office.
Travis P. Nelson is a member of Reed Smith’s Financial Services Regulatory Group, and Co-Chair of the Anti-Money Laundering & Trade Sanctions Group, resident in the New York and Princeton offices. Travis is formerly an Enforcement Counsel with the Office of the Comptroller of the Currency, U.S. Treasury Department, and regularly represents clients in regulatory compliance, corporate governance, transactions, and examinations and enforcement actions. Travis is also adjunct faculty at Villanova Law School, where he teaches Financial Institutions Regulation, editor-in-chief of the ABA’s Banking Law Committee Journal, and Vice-Chair of the Banking Law Section of the New Jersey State Bar.