Adam J. Fleisher

Of Counsel | Washington D.C. | (202) 887-8781
(202) 887-8781

Adam Fleisher focuses his practice on nonbank financial services regulation, the federal Bank Secrecy Act (BSA) and related anti-money laundering laws and rules as applied to nonbanks, and information security issues. In particular, Mr. Fleisher works with money transmitters and other payments companies to address the regulatory challenges they face, with a primary focus on navigating the 50-state U.S. money transmission licensing regime, as well as on data security, privacy, and related safety and soundness and consumer protection issues. 

In the current fractured, complex, and overlapping regulatory landscape, clients rely on Mr. Fleisher for guidance to navigate the state rules and regulations governing payments, as well as the BSA. In addition to representing an industry-leading trade group with respect to state and federal issues that affect money transmission industry participants, Mr. Fleisher’s efforts include:

  • advising clients on the nature of state money-transmitter licensing laws and the BSA, and their applicability to existing and proposed practices;
  • advising on and managing nationwide and regional money transmission licensing and change-of-control initiatives;
  • addressing payments regulatory issues for transactional matters;
  • providing guidance on compliance approaches relating to payment processing, bill pay, funds transfer, stored value, and additional services; and
  • representing clients in response to regulatory inquiries relating to money transmission compliance.

Mr. Fleisher also works with clients to prepare information security incident response plans that meet applicable legal and regulatory requirements, and to prepare for and respond to cyber incidents large and small.  Related to those efforts, Mr. Fleisher advises clients on compliance with privacy and data security laws and rules, including Section 5 of the Federal Trade Commission (FTC) Act, as well as advertising and marketing practices as they relate to Section 5, the Telephone Consumer Protection Act (TCPA), the CAN-SPAM Act, and the Children’s Online Privacy Protection Act (COPPA).  He also has substantial experience conducting internal investigations to respond to, and defend clients facing, regulatory inquiries relating to consumer protection issues arising out of privacy and data security practices.

Mr. Fleisher received his B.A. from the University of California at Berkeley, his M.A. from the University of Chicago, and his J.D. from the University of Virginia, where he was on the editorial board of the Virginia Law Review. During law school, he also served as a judicial intern for The Honorable Kathryn A. Oberly of the District of Columbia Court of Appeals, and was a clerk for The Institute for Justice.

Prior to attending law school, Mr. Fleisher worked for the Council on Foreign Relations, focusing on international economics, and served as an assistant editor of The National Interest.

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