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C. Wallace DeWitt returns as Senior Counsel joining the firm’s Financial Services Regulatory practice



8 August 2019

C. Wallace DeWitt, a former associate in our Financial Services Regulatory practice, has returned to Allen & Overy following nearly two years advising SEC Acting Chairman and Commissioner Michael S. Piwowar on matters relating to the SEC’s Division of Corporation Finance, Office of the Chief Accountant, and Division of Enforcement.

Wallace’s return comes on the heels of the arrival of Hilary Sunghee Seo, who also joined the Financial Services Regulatory practice in February of this year. With their combined decades of experience, these two lawyers will further strengthen our U.S. regulatory practice, providing additional depth and knowledge surrounding both domestic and international broker-dealers, banks, swap dealers, and a variety of other regulatory and transactional matters, enhancing the firm’s already strong reputation in this sector.

“It was a privilege to work with the SEC lawyers and accountants, who are a pretty stunning group of people,” Wallace said. “Developing close relationships with the Commissioners, their respective counsels, and the SEC staff was invaluable to me both personally and professionally.”

Wallace advises domestic and foreign financial institutions on a range of regulatory and transactional matters involving the intersection of U.S. securities and banking law and regulations and frequently represents clients before the U.S. financial regulatory agencies. He is a graduate of Yale College, King’s College-Cambridge, and Harvard Law School and speaks eight languages at various degrees of fluency. He previously served as the Executive Director of Research of the Committee on Capital Markets Regulation and clerked for the Hon. Laurence H. Silberman of the U.S. Court of Appeals for the D.C. Circuit. He is a member of the Exchequer Club as well as the Financial Services & Corporate Governance Committee of the Federalist Society’s Regulatory Transparency Project. 




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