Atlanta, Ga., Washington, D.C. — David A. Felt, a respected regulatory insider with three decades of experience in the financial services industry, joins Arnall Golden Gregory as Of Counsel in the Privacy and Consumer Regulatory, Government and Regulatory and Litigation practices.
Based in Arnall Golden Gregory’s Washington office, Mr. Felt formerly was Deputy General Counsel for the Federal Housing Finance Agency (FHFA) and Acting General Counsel for the Office of Federal Housing Enterprise Oversight after holding senior-level jobs with bank and thrift regulators.
He specializes in advising banking and financial services industry clients on regulatory issues, examinations, investigations and litigation. Mr. Felt is currently counseling clients to help them prepare for examinations by the Consumer Financial Protection Bureau and other regulators.
As Deputy General Counsel for Conservatorships at the FHFA, Mr. Felt ran the legal teams that planned and executed the conservatorships of Fannie Mae and Freddie Mac. Thereafter, he headed an office for the conservator to oversee all legal work for those companies.
Mr. Felt earlier served as legal advisor to the examination teams that uncovered multi-billion dollar accounting frauds at Fannie Mae and Freddie Mac and led the enforcement cases that his agency brought against those companies and their executives.
During his distinguished career he has led litigation teams involved in numerous high profile director and officer liability cases, large commercial cases and bankruptcies, and challenges to agency regulatory authorities.
On the regulatory side, Mr. Felt drafted enforcement, capital, insurance, conservatorship and receivership regulations and frequently counseled agency heads regarding the scope and interpretation of statutes and regulations.
He worked closely with legislators and Congressional staff on a number of legislative initiatives, including the bill that established the FHFA and created a new regulatory regime for Fannie, Freddie and the Federal Home Loan Banks.
Mr. Felt is a graduate of Georgetown University Law Center.
Arnall Golden Gregory’s Washington office, which opened in January 2011, now has 11 attorneys. The office is led by Robert R. Belair, one of America’s leading privacy lawyers.
The firm’s areas of focus in Washington also include Government Affairs and Public Policy, Government Investigations and White Collar Crime, International Business (Foreign Corrupt Practices Act, Export Controls, International Arbitration), Healthcare, and Food and Drug Law.
About Arnall Golden Gregory
Arnall Golden Gregory LLP is a law firm with offices in Atlanta, Miami and Washington, D.C., that serves the business needs of growing public and private companies. Its areas of focus include real estate, healthcare, corporate, litigation, international, employment, life sciences, global logistics, privacy and intellectual property law. With the help of Arnall Golden Gregory’s experienced attorneys, clients across a broad range of industries and around the globe turn legal challenges into business opportunities.