David Beam is a partner in Mayer Brown’s Washington DC office and a member of the Financial Services Regulatory & Enforcement practice. David’s practice encompasses a broad range of matters related to financial services, with a focus on innovative financial technologies and products. He defends companies in connection with federal and state governmental audits, investigations and enforcement proceedings; provides clients with regulatory compliance and related business planning advice; acts as regulatory counsel in connection with investments and acquisitions, which includes conducting regulatory due diligences of investment and acquisition targets; structures joint ventures and other business arrangements; obtains approvals, licenses and regulatory guidance from US federal and state financial regulators; and prepares terms and conditions for financial products and services. Additionally, he acts as a subject-matter advisor in connection with litigation matters, including putative class action proceedings.
The clients David represents comprise a broad spectrum of the financial services industry. He represents banks and bank affiliates, fintech companies, investment banks, venture capital funds, money services businesses, non-bank commercial and consumer lenders, and payment system providers. His clients range from startups to some of the world’s largest financial institutions.
David presents and publishes extensively on matters affecting the financial services industry. He is a regular speaker at seminars and conferences on a wide range of topics, including fintech, credit (both commercial and consumer), payments, and investigations and enforcement actions by the CFPB and other agencies. He is active in the American Bar Association’s Consumer Financial Services Committee and is the vice-chair of the Deposit Products and Payment Systems Subcommittee. He is also a past chair of the committee’s Preemption and Federalism Subcommittee.
David was named a rising star in Washington DC by Super Lawyers magazine 2013-2015.