David L Portilla

Practice Areas

David is a member of Davis Polk’s Financial Institutions practice. He advises bank and nonbank financial institutions on a range of M&A, regulation, policy, enforcement and governance matters – including the full gamut of the prudential regulatory framework. He has a notable reputation in enhanced prudential standards for large banks, the Volcker Rule, the prudential regulation of nonbank firms, and innovation-related and cryptoasset issues. He is well known for thought leadership and spearheading advocacy efforts for clients.

He served as a senior policy advisor to the Treasury Department’s Financial Stability Oversight Council at its launch following the 2010 Dodd-Frank Act. He helped develop the FSOC’s initial substantive agenda, procedures and governance, and worked on Dodd-Frank implementation and other financial regulatory issues.

David chairs the ABA Banking Law Committee’s International Banking subcommittee.

Career

Rutgers Law School (JD, with Highest Honors, 2006; Order of the Coif); Rutgers University (BA, with Honors, 2002)

Personal

For more information: https://www.cravath.com/people/david-l-portilla.html