Av. Shane Foster
Shane Foster is a shareholder with deep financial regulatory experience in areas such as banking, money transmission, lending, and fintech, among others. Serving in a high-level capacity as Chief Deputy Director at the Arizona Department of Insurance and Financial Institutions (DIFI), he oversaw the agency’s enforcement, depository, non-depository, consumer affairs, and insurance market conduct divisions.
Profile Summary
About Shane Foster at a glance
Shane Foster is a Shareholder based in Phoenix, Arizona, practicing at Greenberg Traurig, LLP. They have 22+ years of legal experience, licensed to practice since 2004. Their practice focuses on business. Admitted to practice in New York (2004) and Arizona (2015). Educated at Cornell Law School J.D. (—) and Brigham Young University B.A. (—). Serands clients in Phoenix, AZ and the surrounding metropolitan area.
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Hakkında
- Shane Foster is a shareholder with deep financial regulatory experience in areas such as banking, money transmission, lending, and fintech, among others
- Serving in a high-level capacity as Chief Deputy Director at the Arizona Department of Insurance and Financial Institutions (DIFI), he oversaw the agency’s enforcement, depository, non-depository, consumer affairs, and insurance market conduct divisions
- As a former regulator, Shane has a thorough understanding of regulatory issues affecting the financial services sector and has deep experience in licensing, compliance, investigatory, and enforcement matters
- From advising on chartering de novo depository institutions, merger activity, solvency and deposit insurance issues, to ensuring compliance with consumer protection and safety and soundness regulations, he provides financial institutions with insights to navigate complex issues
- Additionally, his experience encompasses various consumer finance segments such as mortgage, vehicle title, and unsecured lending
- Shane also led the efforts in drafting and implementing Arizona’s money transmission law (i.e., CSBS Model Money Transmission Modernization Act), which substantive provisions can be found in many states throughout the country
- Shane’s practice extends to the use of new technologies and innovation in the financial services sector
- He served a prominent role in the administration of the nation’s first state regulatory sandbox, bolstering his deep understanding of the use of novel products and services in the ever evolving fintech sector (e.g., blockchain technology, digital payments, APIs, artificial intelligence, and mobile applications, among others)
- Shane also stays at the forefront of law and policy developments regarding digital assets
- Whether dealing with transmission and custody issues or monitoring recent guidelines by federal agencies concerning crypto-related activities and stablecoins, Shane stays abreast of developments to advise clients on innovative legal strategies
- Shane has worked closely with state regulators through active involvement in the Conference of State Bank Supervisors (CSBS), National Association of Insurance Commissioners (NAIC), and the National Association of Attorneys General (NAAG), serving as a key participant in numerous multistate initiatives, including serving on the coordinating committee with the Consumer Financial Protection Bureau (CFPB) and on data privacy working groups, among others
- Simultaneously, his background in government relations has given him many opportunities to interface with various federal agencies and draft comments on proposed federal policies
- Shane Foster is a sought-after speaker on a variety of topics concerning financial regulation, having spoken on numerous panels at industry and government-related events
- Concentrations •Federal and state regulation of banks, credit unions, money transmission and other financial services •Consumer finance - mortgage, vehicle title, and unsecured lending •Alternative lending products •Fintech •Crypto/digital assets and blockchain •Multistate supervision and enforcement •Government investigations Recognition & Leadership Awards & Accolades •Listed, The Legal 500 United States, Finance> Financial Services Regulation, 2025 •Listed, AZ Big Media, 'AZ Business Leaders,' Banking, 2025
Practice Areas Explained
Shane Foster's Areas of Practice
Each practice area below reflects the types of cases Shane Foster handles, with a brief overview of what that area of law covers.
Business attorneys advise founders and growing companies on entity formation, contracts, financing, M&A, and dispute resolution.
Shane Foster is one of 501,317 business attorneys indexed nationally. Browse business attorneys in Arizona →
Jurisdictional Context
Why local counsel matters in Arizona
Practicing law in Arizona. Legal matters in Arizona are governed by state-specific rules of civil and criminal procedure, statutes of limitations, and substantive law. Cases originating in Phoenix are typically filed in the local municipal court or the appropriate Arizona state district court, depending on subject matter and amount in controversy. An attorney licensed in Arizona brings working knowledge of local procedural deadlines, judicial practices in this andnue, and the substantive law that applies to cases brought here. Out-of-state attorneys generally cannot represent clients in Arizona courts without local counsel or pro hac vice admission.
Looking for additional Arizona attorneys? Browse all attorneys in Phoenix or all attorneys in Arizona.
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