Heather McArn advises financial services businesses on regulatory compliance, the integration of financial technology with business operations, and on data governance, cyber security, and incident-response best practices. She prepares clients for regulatory exams, and advises them on responding to regulator inquiries and investigations, as well as the creation and implementation of policies and procedures to meet evolving requirements.

Heather has extensive experience handling corporate restructuring and insolvency matters. Over the course of her career, she has represented debtors, creditors, financial institutions, trustees, and examiners in connection with large chapter 11 restructurings, transactions, and compliance investigations, including Lehman Brothers, General Motors, and MF Global.

Before joining Hinshaw, Heather served as Chief of Staff and Special Counsel at the New York State Department of Financial Services (DFS) where she led efforts to modernize the agency's examination, supervision, and investigation processes and resources. This included launching a new research and innovation division dedicated to virtual currency supervision and implementing the agency's new cyber security regulations. In her role, Heather also spearheaded state budget and legislative proposals in support of consumer protection, data security, and financial inclusion policies.

Heather has clerked for two of the nation's leading bankruptcy judges and began her legal career at Price Waterhouse Budapest, advising on foreign investments and privatizations in Hungary.

Professional Affiliations

  • International Association of Privacy Professionals (IAPP)
  • New York City Bar Association
    • Compliance Committee

Honors & Awards

  • Recognized on the Super Lawyers list by New York Metro Super Lawyers magazine, 2012


  • Co-Presenter, "A Vision for 2020: Cybersecurity Compliance for the New Year," National Association of Mutual Insurance Companies (NAMIC), New York, January 28, 2020



Heather has been actively involved in pro bono representation and advocacy on behalf of immigrants, victims of domestic violence, human trafficking and elder financial abuse. She has an M.S. in Urban Planning, and curated and co-authored a museum exhibit and book on Frederick Law Olmsted park design.

J.D., Vermont Law School, 1992

M.S., Columbia University, 1988

B.A., Newcomb-Tulane College, 1986