Regulatory Enforcement and Investigations

Davis Polk is a leader in representing clients in regulatory enforcement proceedings and government investigations. As a firm at the forefront of all aspects of financial regulatory reform, we have an in-depth understanding of the critical issues that the financial services industry has confronted since the financial crisis.

Our ability to advise on a full range of bank and trading and markets regulatory issues enables us to provide candid and informed assessments and proactive risk management arising from the complex problems clients face.

Our cross-border team combines years of government experience with the breadth and scope of leading practitioners in banking regulation, trading and markets regulation, enforcement and investigations, litigation, antitrust and corporate practices.

Our extensive understanding of the agencies involved in financial regulation makes us particularly suited to advise clients in connection with: 

  • Interacting with the various regulators in multiagency inquiries
  • Responding to subpoenas
  • Conducting internal investigations
  • Negotiating enforcement orders across multiple jurisdictions
  • Handling removal and prohibition orders and civil money penalties
  • Defending corporate directors and officers, accountants and attorneys 

A large part of our practice involves representing financial institutions, corporations, individuals and professional firms in nonpublic regulatory proceedings conducted by the prudential banking regulators, markets regulators and state regulators, including the state AGs.

We have a long history of working directly with the various agencies and understand their structure, strategic vision and priorities.

Cyber Blog

Focused commentary on the latest in data strategy, cybersecurity preparedness, regulatory compliance and incident response.


For more information on our Cyber Blog, visit >>


SEC and CFTC Update

monthly newsletter providing insight into recent developments, key cases, and trends in enforcement at the SEC and CFTC.


Legal 500 U.S. and Benchmark Litigation White Collar, Tier 1 

Legal 500 U.S. Financial Services: Regulatory, Band 1 

Chambers USA:

    • “Award for Excellence” Securities Regulation (Enforcement and Advisory), 2012 and 2014
    • Davis Polk is “[a] highly respected operator in the securities space, demonstrating considerable strength in litigation, regulatory advice and enforcement defense. Expansive client roster of major financial institutions and multinational organizations.”
    • Davis Polk “[d]emonstrates extraordinary prowess in the regulatory space, advising on the full range of compliance and reporting procedures…Represents an enviable roster of major financial institutions and blue-chip public companies. Fields an impressive team comprising a number of former high-ranking SEC staffers.”

Notable Matters

Davis Polk lawyers currently play leading roles in major enforcement and regulatory proceedings in such areas as:

  • Anti-Money Laundering and BSA 
  • Economic Sanctions 
  • Consumer Financial Protection
  • Data Privacy and Cybersecurity
  • Benchmarks: FX, LIBOR, ISDAFIX
  • The U.S. Treasury Market
  • The Interest Rate Swaps Market
  • The Subprime and Financial Markets Crisis
  • Market Manipulation and Other Securities Fraud
  • Financial Misstatement and Financial Fraud
  • Insider Trading
  • High-Frequency Trading
  • Tax Violations