Arthur S. Long is a partner in the New York office of Gibson,
Dunn & Crutcher, where he is a Co-Chair of Gibson Dunn’s Financial
Institutions Practice Group and a member of the Securities Regulation Practice Group.
Mr. Long focuses his practice on financial institutions regulation, advising on
the regulatory aspects of M&A transactions; bank regulatory compliance
issues; Dodd-Frank issues, including the regulation of systemically significant
financial institutions (SIFIs) and related heightened capital and liquidity
requirements; resolution planning; and Volcker Rule issues with respect to bank
proprietary trading and private equity and hedge fund operations. He also
has significant experience with bank securities offerings and issues particular
to foreign banks operating or seeking to operate in the United States.
Among Mr. Long’s recent publications are The Financial Services Regulation Deskbook,
the Practising Law Institute treatise on the Dodd-Frank Act, and “The New
Autarky? How U.S. and UK Domestic and Foreign Banking Proposals Threaten
Global Growth,” a Policy Analysis of The Cato Institute.
Prior to joining Gibson Dunn, Mr. Long practiced with Davis
Polk & Wardwell LLP for 16 years. During the Financial Crisis, he
provided advice in connection with:
The Federal Reserve Bank of New York's emergency loan to American International Group, Inc.;
Her Majesty's Treasury's plan to provide support to the U.K. banking system, including obtaining relief from the U.S. Bank Holding Company Act for the U.K.-government controlled company that was the majority shareholder of the Royal Bank of Scotland Group plc and Lloyds Banking Group plc;
Morgan Stanley's becoming a bank holding company and confirming its global operations to the Bank Holding Company Act; and
Citigroup's proposed rescue of Wachovia Corporation and FDIC assistance.
Mr. Long advised Banco Santander, S.A. in connection with
its acquisition of Sovereign Bancorp, Inc., which resulted in protested
applications to the Federal Reserve Board, the Office of Thrift Supervision and
the New York State Banking Department. He also advised one of the
first-round filing international banks on its resolution plan required by
Section 165 of the Dodd-Frank Act.
Mr. Long served as law clerk to U.S. Supreme Court Justice
Clarence Thomas from 1997 to 1998, and to Judge J. Michael Luttig of the U.S.
Court of Appeals, Fourth Circuit from 1993 to 1994. In 1993, he graduated
magna cum laude from Harvard Law School, where he served as the Supreme
Court Editor for the Harvard Law Review.
He received his A.B. magna cum laude from Harvard College in 1989.