C. Wallace DeWitt Esq.

Allen & Overy LLP
DeWitt, C. Wallace

C. Wallace DeWitt is an associate in the Washington, D.C. office of Allen & Overy LLP and is a graduate of Yale College (Phi Beta Kappa, summa cum laude, Alpheus Henry Snow Prize), the Faculty of Oriental Studies of the University of Cambridge (M.Phil., King’s College), and Harvard Law School (cum laude). He formerly served as law clerk to the Hon. Judge Laurence H. Silberman of the U.S. Court of Appeals for the District of Columbia Circuit and as Executive Director of Research of the Committee on Capital Markets Regulation. Mr. DeWitt is a member of the Executive Committee of the Federalist Society’s Financial Services & E-Commerce Practice Group and is also a member of the Banking Law Committee of the American Bar Association, where he serves as Vice-Chairman of the Subcommittee on Educational Outreach.

 Mr. DeWitt is an author of Bloomberg BNA Banking Practice Portfolio Series No. 451, Liquidity Coverage Ratio.   This publication discusses the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation’s jointly adopted final rule that implemented a ‘‘liquidity coverage ratio’’ (‘‘LCR’’) applicable, inter alia, to large, internationally active banking organizations, certain designated nonbank financial companies, and certain consolidated subsidiary depository institutions (the ‘‘LCR Rule’’). The objective of this portfolio is to decipher the LCR Rule and render it in plain English for practitioners to better understand the technical requirements.

The Banking Practice Portfolio Series is available on Bloomberg Law.  Authored by experienced practitioners, the series is an essential resource to understanding the changing financial regulatory landscape. The series is updated regularly.