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   3Michael D. MoreheadSpringfield(217) 528-7375mmorehead@hinshawlaw.commmorehead@hinshawlaw.comHinshaw & Culbertson LLPwww.hinshawlaw.comwww.hinshawlaw.commoreheadmichael.jpgBanking & Financial Institutions Law
Michael D. Moreheadmmorehead@hinshawlaw.com
Hinshaw & Culbertson LLPhttp://www.hinshawlaw.com
400 S 9th St Ste 200
Springfield IL 62701-1650
Ph.(217) 528-7375 Fx.(217) 528-0075
Selected by peers as a Leading Lawyer in:
Banking & Financial Institutions Law
County:  Sangamon
Practice Description:  
Michael Morehead has more than 20 years of experience in banking and securities regulatory law, holding top-level positions within the Illinois Department of Financial and Professional Regulation and Illinois Securities Department. In private practice today, he represents financial institutions in their day-to-day legal matters.


Bar Admissions:  
Illinois, 1985


Date of Birth:  1954

Law School:  Saint Louis University School of Law,J.D., 1985
Undergraduate School:  Blackburn College, B.A., political science, 1982
Undergraduate School Honors/Involvement:  Magna cum laude; Member, Who's Who Among American College and University Students

Employment History:  
Mr. Morehead joined Hinshaw & Culbertson LLP in February 2007. From 1999 to 2007, he was chief counsel for the Division of Banking of the Illinois Department of Financial and Professional Regulation; and from 1985 to 1999, Mr. Morehead was with the Illinois Securities Department, first as a staff attorney and later as Assistant Director for Enforcement.

As chief counsel for the Division of Banking within the Illinois Department of Financial and Professional Regulation for more than seven years, Mr. Morehead reviewed all state-chartered financial institution corporate applications, including purchase and assumption agreements, change in control and merge applications, and issued legal interpretive and no-objection letters related to approved activities for state-chartered banks, corporate fiduciaries and foreign banking offices. He developed and drafted legislation related to the regulation of state banks, corporate fiduciaries and foreign banking offices. He also served as the central point of contact for legal representatives of financial industry trade groups and federal banking regulators.

As assistant director for Enforcement with the Illinois Securities Department, Mr. Morehead served as liaison between the Illinois Securities Department and the North American Association of Securities Administrators to develop and implement national cooperative securities prosecutions. He provided prosecution assistance that resulted in a 100 percent conviction rate of more than 70 state and federal criminal securities fraud prosecutions.

While still in law school, Mr. Morehead clerked for a summer with the Office of the United States Attorney in the Central District Illinois, Springfield Division.


Community Involvement:  
Mr. Morehead assists parent leaders of Boy Scouts of America Troop 31, in Springfield, Illinois


Legal Lectures:  
"Bank Employee Background Investigations-Employment Screening Practices," Community Bankers Association of Illinois, Human Resources Conference, Springfield, Illinois, June 4, 2008

"What Directors Should be Asking Their Managers about BSA/AML Compliance Procedure and Training Programs," for the Community Bankers Association of Illinois' 33rd Annual Convention, Memphis, Tennessee, October 2007


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