Gareth Rhodes

Attorney and Advisor

Gareth Rhodes is an attorney and advisor with expertise in financial services, who has served in senior legal and regulatory positions in New York State government and the private sector. Gareth currently serves as Managing Director at Pacific Street, a research and advisory firm that focuses on emerging technologies and unique market structures. He serves as a legal counsel and regulatory advisor to numerous early stage startups and to two New York-based venture capital funds. He is also an adjunct professor at The City College of New York (CUNY). 

Gareth previously served as Deputy Superintendent & Special Counsel at the New York State Dept. of Financial Services (NYDFS), the state’s primary financial services regulator, where he was as a senior advisor to the Superintendent and member of department’s executive leadership team, helping manage an agency of 1,500 employees responsible for regulating 1,800 insurance companies and 1,400 banking institutions with combined assets of $8.4 trillion. At NYDFS, Gareth managed priority initiatives and numerous matters involving each of the department’s divisions, including banking, capital markets, research & innovation, insurance, consumer protection, and cybersecurity.

Before joining Pacific Street, Gareth served as Director of Regulatory Affairs & Public Policy at Petal, a credit card startup, as well as at Prism Data, a new company that enables financial service providers to integrate smarter data into their lending models. At Petal and Prism, Gareth provided legal expertise and strategic advice on key regulatory matters, including issues regarding data access and privacy, algorithmic decision making/machine learning, fair lending/ECOA, cybersecurity, bank partnership structure, debt collection, true lender/valid-when-made, and financial inclusion. He managed numerous engagements with federal regulators (FRB, OCC, FDIC, CFPB, NCUA), as well as with members of Congress and committee staff.

In addition to his work in financial services, Gareth has served in several senior roles across New York state government where he has directly managed major initiatives involving healthcare, public transit, government operations, media communications, public policy, and crisis response. In early 2020, Gareth served as a special advisor to the Governor of New York as part of a small team assigned to manage the state’s COVID response operations, where he oversaw the building of a COVID testing network, managed hospital capacity issues, directed vaccination operations, and coordinated between state agencies and with neighboring state governments, federal agencies, and the White House. Previously, Gareth served as Deputy Inspector General and Counsel at the MTA Inspector General’s office and in senior positions in the New York Governor’s Communications office. Prior, he worked at a boutique law firm specializing in high stakes criminal investigations and complex corporate litigation matters. 

Gareth holds a J.D. from Harvard Law School and a B.A. in Economics & Political Science from The City College of New York. He is a recipient of the Harry S. Truman scholarship.