Nikki Hatza | |  215.864.8402 | view full bio

Nikki  is a litigator focusing her practice on investigations, commercial litigation, and government affairs. She has experience assisting financial services clients with BSA/AML matters, including in the cryptocurrency space, and conducting internal investigations in order to respond to investigations and subpoenas by state and federal regulators. Nikki also has experience in the diversity, equity, and inclusion (DEI) training field and is a member of Ballard Spahr’s DEI Counseling Team, which advises organizations on internal anti-discrimination policies and best practices.

The Consumer Financial Protection Bureau’s (“CFPB”) Office of Minority and Women Inclusion (“OMWI”) has released guidance and recommendations for small, midsize, and large organizations to demonstrate their commitment to diversity and inclusion (“D&I”), taking size and resources into account.  The guidance and recommendations are contained in  a Report on Diversity and Inclusion (D&I) within Financial Services (the “Report”), and are designed to both support the implementation of Section 342 of the Dodd Frank Act as outlined in the Joint Standards for Assessing Diversity Policies and Practices of Entities (the “Standards”), and reflect the CFPB’s efforts to further the Biden Administration’s Executive Order on Advancing Racial Equality and Support for Underserved Communities.… Continue Reading

To further its ongoing diversity, equity, and inclusion (DEI) efforts, the New York State Department of Financial Services (DFS) announced an initiative to collect and publish diversity data on the demographic makeup of NY-regulated financial institution’s boards and senior management teams.  In its July 29th business industry letter, DFS emphasized that transparency around this data will help measure progress toward DEI goals, allow firms to assess where they stand relative to their peers, and increase transparency and accountability.… Continue Reading