SEDA Experts LLC Appoints Financial Regulatory Veteran Marc Steckel as Managing Director

SEDA Experts LLC, a prominent expert witness firm specializing in financial services, has appointed Marc Steckel as Managing Director. Mr. Steckel brings over 32 years of regulatory and supervisory experience from key U.S. agencies, including the Federal Deposit Insurance Corporation (FDIC) and the Federal Housing Finance Agency (FHFA). His expertise spans bank supervision, deposit insurance fund management, large-bank resolution, and regulatory compliance. During his 27-year tenure at the FDIC, Steckel held multiple influential roles including Deputy Director and Associate Director, where he managed critical functions such as the FDIC’s risk-based assessment system and led significant rulemaking processes related to deposit and Qualified Financial Contract claims. He also played a pivotal role in enhancing the FDIC’s large bank resolution capabilities, including implementing provisions of the Dodd-Frank Act. At the FHFA, Steckel served as Associate Director in the Division of Conservatorship Oversight and Readiness, where he was instrumental in developing programs to support potential exits from Fannie Mae and Freddie Mac conservatorships through receivership or recapitalization. His work involved coordination with insolvency experts and collaboration with agency staff to anticipate challenges associated with these financial institutions' exit strategies. Steckel’s comprehensive background includes leadership in regulatory policy, insolvency administration, risk management, and capital markets oversight. His professional credentials include the CFA designation, NACD Directorship Certification, and an Executive Certificate from the Harvard Kennedy School, supporting his role in the firm's provision of expert financial testimony and advisory services. SEDA Experts leverages its leadership and deep industry knowledge to provide independent expert advice, data analytics, valuation, and testimony services to law firms, financial institutions, and regulatory bodies across the financial sector. Steckel's addition to the leadership team is expected to bolster the firm's capabilities in complex financial litigation and regulatory compliance matters within the U.S. market.