C. Wallace DeWitt

C. Wallace DeWitt

Senior Counsel, Allen & Overy LLP

C. Wallace DeWitt is a senior counsel in Allen & Overy’s Financial Services Regulatory practice. His practice focuses on advising domestic and foreign financial institutions as to a variety of regulatory and transactional matters at the intersection of U.S. securities and banking law. He regularly represents clients before U.S. federal and state financial regulatory authorities.

Before rejoining Allen & Overy in 2019, he served as Senior Advisor and Counsel to Acting Chairman and Commissioner Michael S. Piwowar of the U.S. Securities and Exchange Commission, advising the Commissioner on matters pertaining to the Division of Corporation Finance, the Office of the Chief Accountant, the Office of International Affairs, and the Division of Enforcement. He was also designated as the SEC’s observer of the FINRA FinTech Industry Committee.

From 2014 to 2017, he was a senior associate in Allen & Overy’s U.S. Bank Regulatory Group, immediately prior to which he served as the Executive Director of Research for the Committee on Capital Markets Regulation, a non-profit research organization dedicated to enhancing the competitiveness of U.S. capital markets and the stability of the U.S. financial system, under the direction of Professor Hal S. Scott. Previously, he served for four years as an associate in the Tokyo and Hong Kong offices of Davis Polk & Wardwell LLP, advising issuers and underwriters on debt and equity capital markets transactions. Upon graduation from Harvard Law School, he served as law clerk to the Hon. Laurence H. Silberman of the U.S. Court of Appeals for the District of Columbia 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. He is proficient in eight languages at various degrees of fluency.


A person listed as a contributor has spoken or otherwise participated in Federalist Society events, publications, or multimedia presentations. A person's appearance on this list does not imply any other endorsement or relationship between the person and the Federalist Society. In most cases, the biographical information on a person's "contributor" page is provided directly by the person, and the Federalist Society does not edit or otherwise endorse that information. The Federalist Society takes no position on particular legal or public policy issues. All expressions of opinion by a contributor are those of the contributor.

Deep Dive Episode 159 – Countering the Politicization of Financial Services: Is the Cure Worse than the Disease?

Deep Dive Episode 159 – Countering the Politicization of Financial Services: Is the Cure Worse than the Disease?

Regulatory Transparency Project's Fourth Branch Podcast

In several recent high-profile cases, banks have conditioned or denied financial services to disfavored industries after...

Deep Dive Episode 69 –  SOX Auditor Attestation Requirements

Deep Dive Episode 69 – SOX Auditor Attestation Requirements

Regulatory Transparency Project Teleforum

Is “investor protection” coordinated sufficiently with “promotion of capital formation”? This teleforum will consider this question...