Margo H. K. Tank
Margo Tank is a partner of BuckleySandler LLP.
advises financial services institutions and technology companies on structuring online and mobile financial services product offerings in compliance with the Electronic Signatures
in Global and National Commerce Act (ESIGN) and the Uniform Electronic Transactions Act (UETA), and other state and federal laws governing electronic financial services transactions, electronic chattel paper, mobile payments and mobile wallets, prepaid access and virtual payment methods, and laws related to privacy and data security, money transmission, and unfair or deceptive acts and practices.
led the representation of a national lending company in a Federal Trade Commission enforcement action relating to alleged data security violations.
other activities include acting as the Co-Reporter for the Drafting Committee
preparing the Standards and Procedures for Electronic Records
and Signatures (SPeRS) (http://www.spers.org/), and advocacy before Congress and federal regulators with respect to electronic financial services issues as counsel to the Electronic Financial Services Council and the Electronic Signatures and Records
was named a "2009 Mortgage Banking Technology All-Star" by Mortgage Banking Magazine
Ms. Tank is also a member of the American Bar Association's Business Law Section and the Committee on the Law of Commerce in Cyberspace, a member of the Electronic Transactions Association's Mobile Payments Committee, and is on the xDTM Standard Board of Governors.
is co-author of The Law of Electronic Signatures and Records
(West, a Thomson Reuters business, 2012-2013 Edition) and a number of articles: "What Emerging Payment Providers Can Learn From Liberty Reserve and Mt. Gox," Payments Journal
, August 1, 2013; "A Brief Guide to Using Electronic Signatures in Securities Transactions," Practical Compliance & Risk Management for the Securities Industry, July 1, 2013; "Planning for Accessibility when Developing Financial Services Websites and Mobile Apps," American Bar Association Consumer Financial Services Newsletter, June 20, 2013; "NACHA's Guidelines for Bill Payments Via QR Codes," E-Finance & Payments Law & Policy, April 16, 2013; "Federal Regulators Issue Guidance on Social Media and Mobile Privacy," Internet Law & Strategy, April 4, 2013; "Is Regulatory Uncertainty an Impediment to Mobile Payments?
Payments Journal, January 23, 2013; "E-Signatures: Zulkiewski v. American General Life Insurance Company," E-Commerce Law Reports, December 4, 2012; "Two Agencies and Various Industry Standards Offer Guideposts on Mobile Disclosure Requirements," National Law Journal, April 11, 2012; "Standards and Procedures for Electronic Records and Signatures (SPeRS), Version 2.0," Electronic Financial Services Council, November 29, 2011; "eMortgage Implementation Considerations," Electronic Banking Law and Commerce Report, July 1, 2006; "It's the Message, Not the Medium," The Business Lawyer, August 1, 2005.
Prior to joining BuckleySandler, Ms. Tank was a partner with Goodwin Procter LLP.
Before entering private practice, she was counsel to the U.S. House of Representatives, Committee on Banking and Financial Services.
Ms. Tank received her J.D. from Drake University Law School in 1992 (with honors) and while there was Projects Editor for the Drake University Law Review.
She received a B.A. from the University of Vermont in 1985 and also studied commercial law at Queens College, Oxford University in England in 1991.
Quoted in Bloomberg BNA Article, "Company Needs Dictate Which E-Signature Solution to Use"
Quoted in xDTM Standard
Association Announcement, "300+ Organizations Endorse xDTM Digital Transaction Management Standard"
March 10, 2015
Quoted in Bloomberg BNA Article, "Outlook 2015: Finance Tech: Cybersecurity, Payment Processing, Virtual Currency, Patents"
Bloomberg BNA, January 27, 2015
Quoted in IA Watch Article, "If You Opt to Use E-Signatures, Mind These Compliance Pointers"
IA Watch, January 8, 2015
Featured in Financier Worldwide: "2014 Data Protection & Privacy Laws Annual Review"
Quoted in Wall Street Journal Article, "Five Questions About the Bitcoin Crackdown"
Wall Street Journal
, August 12, 2014
Quoted in Inside Bitcoin News Article, "European Regulator Tells Banks Not to Buy, Hold, or Sell Bitcoin and Other Virtual Currencies"
Inside Bitcoin News
, July 18, 2014
John Kromer, Margo Tank
, and Walter Zalenski Interviewed in Bloomberg Government: "Clearing a Path in the States for Financial Technology Companies"
Quoted in National Mortgage News Article, "Wording of FHA E-Sign Rule Confuses Industry"
National Mortgage News
, May 5, 2014
and David Whitaker Quoted in Chicago Tribune
, "Consumer Bureau to Test Electronic Mortgage Closings"
in Law360's Rainmaker Q&A
Jerry Buckley and Margo Tank
on the Electronic Signatures Act