David Freeman is head of the firm's Financial Services practice group. He represents financial institutions, investment managers, and broker-dealers on banking and securities regulatory issues, legislation, mergers and acquisitions, private investment funds, and new product development and documentation. As part of his practice, David advises domestic and foreign banks, investment management firms, and broker-dealers on compliance with state and federal banking and securities laws, federal commodities laws, and SRO rules.
Experience
- Developing and documenting bank deposit products and broker sweep arrangements.
- Negotiating financial vendor services agreements.
- Development of investment advisory, custody and client services form agreements.
- Creation and operation of private investment funds, common trust funds and collective funds.
- Advising client financial institutions and funds on services agreements, risk disclosures and regulatory issues associated with digital assets.
Perspectives
November 2, 2023
OCC, FDIC, and Federal Reserve Publish Final Community Reinvestment Act Rule
Advisory
October 24, 2023
FDIC Proposes Large Bank-Like Corporate Governance and Risk Management Standards for FDIC-Supervised Depository Institutions With US$10 Billion or More in Assets
Advisory
September 11, 2023
Federal Reserve Board, OCC, and FDIC Propose New Rules and Guidance for Bank Resolutions
Advisory
August 3, 2023
The Federal Reserve, OCC, and FDIC Propose “Basel III Endgame” Capital Rules
Advisory
July 24, 2023
Agencies Update Guidance on Commercial Real Estate Loan Accommodations and Workouts
Advisory
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Recognition
IFLR1000
"Highly Regarded" — Financial Services Regulatory, Investment Funds (USA) (2019-2023)
The Legal 500 U.S.
"Leading Lawyer" Financial Services Regulation (2023)
Financial Services: Regulatory (2011-2022)
Financial Services: Litigation (2016-2017, 2021-2022)
Fintech (2021-2022)
Financial Services: Regulatory (2011-2022)
Financial Services: Litigation (2016-2017, 2021-2022)
Fintech (2021-2022)
Chambers USA
Financial Services Regulation: Banking — Compliance (Nationwide) (2008-2023)
Financial Services Regulation: Broker Dealer — Compliance (Nationwide) (2022-2023)
Financial Services Regulation: Broker Dealer — Compliance (Nationwide) (2022-2023)
More
Credentials
Education
- J.D., University of Virginia School of Law, 1987
- MBA, University of Virginia, 1987
- B.A., University of Virginia, 1981
Admissions
- District of Columbia
- Virginia
Activities
- Board of Advisors, UNC School of Law, Center for Banking & Finance