Milan Dalal, of counsel in the firm’s government relations department, represents clients in the banking, securities, derivatives, trade, housing, fintech, technology and cybersecurity industries on complex regulatory and legislative issues.
Prior to joining the firm, Milan served as staff director of the U.S. Senate Banking, Housing, and Urban Affairs Committee’s Subcommittee on Securities, Insurance, and Investment, which oversees the Securities and Exchange Commission (SEC), Fannie Mae, Freddie Mac, and the accounting and insurance industries. As staff director of the Securities Subcommittee in the majority and minority, Milan organized and led 10 hearings into equity market structure, high-frequency trading, fixed income market structure and the Financial Stability Oversight Council and designation of Systemically Important Financial Institutions, among other issues.
Milan also served concurrently as senior economic advisor to Sen. Mark Warner (D-VA), serving as the senator’s counsel on financial services, housing finance, tax, trade and data security issues. During his tenure in the Senate, he was also the executive director for the Senate India Caucus and staff director for the Senate Banking Subcommittee on National Security, International Trade and Finance. He previously worked for Rep. Gregory Meeks (D-NY) as legislative director.
Milan joined Capitol Hill in 2009 in the aftermath of the global financial crisis to work on financial regulatory reform. Among his activities, he advised Rep. Meeks while he was a conferee for the Dodd-Frank Wall Street Reform and Consumer Protection Act, drafting or negotiating several provisions, including sections on derivatives, debit and prepaid cards, prudential regulation, stress testing and consumer protection.
Prior to working in the government, Milan practiced law in Boston, where he worked with entrepreneurs and companies in private equity and venture capital transactions. He is active in foreign affairs, having published academic papers on international law and presented on “Strategies for the Economic Reconstruction of Iraq” at the U.S. Naval Academy. Milan has guest lectured at Boston University School of Law, New York University and American University. He is a member of the Atlantic Council and a Truman National Security Partner.