Donald N. Lamson

Of Counsel

Donald N. Lamson, of counsel and head of the Financial Institutions Advisory & Financial Regulatory Group in the Washington, D.C. office, advises international banks and financial institutions on bank regulatory and supervisory issues involving derivative activities, capital markets, M&A, changes in control, investments, internal investigations, enforcement and consumer compliance. He also advises various financial market participants on the implementation and impact of the Volcker Rule as well as other aspects of the Dodd-Frank Act. Prior to joining Shearman & Sterling, he spent 30 years at the OCC, the regulator of national banks. Detailed to the Treasury Department, he helped draft the Administration’s proposal for financial reform, which later became the Dodd-Frank Act, including the Volcker Rule.

Selected Experience

  • An international investment bank on the possible disposal of its global fund management businesses
  • Independent directors of JP Morgan Chase in connection with its CIO trading matter
  • Review of consumer laws for a consortium of Latin American banks

External Publications

  • Co-author, “Federal Reserve’s Reserve Requirements on Deposits as Applied to Branches and Agencies of Foreign Banks,” Chapter 4, Regulation of Foreign Banks & Affiliates in the U.S., (Eighth Edition, Jun. 2014) (with Bradley K. Sabel, J. Christina Broch, Jamal B. Al-Haj, Jenny Ding)
  • Co-author, “Issuance and Listing of Securities by Foreign Banks and the U.S. Securities Laws,” Chapter 8, Regulation of Foreign Banks & Affiliates in the U.S., (Eighth Edition, Jun. 2014) (with Lisa L. Jacobs, Stuart Fleischmann, Jonathan M. Weld)
  • Co-author, “Nonbanking Activities of Foreign Banks,” Chapter 10, Regulation of Foreign Banks & Affiliates in the U.S. , (Eighth Edition, Jun. 2014) (with Bradley K. Sabel, J. Christina Broch, Jamal B. Al-Haj, Jenny Ding)
  • Co-author, “What European Banks can learn from US Stress Tests,” IFLR (May 29 , 2014) (with Sylvia Favretto)

Media Coverage

  • Quoted in “GE’s $23 billion financial asset sale to Blackstone, Wells Fargo will help it exit Fed Oversight,” The Deal Pipeline (Apr. 10, 2015)
  • Quoted in “Why US regulatory consolidation is not a silver bullet,” IFLR (Mar. 30, 2015)
  • Quoted in “MetLife Sifi fight draws in state regulators,” (Jan. 22, 2015)
  • Interview on The Volcker Rule, National Public Radio (Oct. 24, 2014)
  • Quoted in “LCR clashes with shareholder demands,” IFLR (Sept. 23, 2014)
  • Quoted in “Bank liquidity ratio clashes with shareholder demands,” IFLR (Sept. 15, 2014)
  • Quoted in “’Deck stacked against’ MetLife appeal on Sifi status,” (Sept. 10, 2014)
  • Quoted in “Liquidity Rule Compounds Dodd-Frank Headaches, Attys Say,” Law 360 (Sept. 3, 2014)
  • Quoted in “US regulatory review: what to expect,” IFLR (Aug. 29, 2014)
  • Quoted in “Republican CFTC Member Scott O’Malia Steps Down,” Law360 (Jul. 21, 2014)
  • Quoted in “Banks concerned with lack of feedback about living wills,” Bloomberg (Jul. 2, 2014)
  • Quoted in “Banks’ Living Wills Get Silent Treatment From Regulators,” Bloomberg BNA’s Banking Report (Jul. 1, 2014)
  • Quoted in “Stress test changes strain bank capital plans,” IFLR (Jun. 23, 2014)
  • Quoted in “Wall Street’s Latest Must-Have? A Volcker Helper,” The New York Times (Jun. 20, 2014)
  • Quoted in “Litigation best way to prevent Sifi designation,” IFLR (Jun. 3, 2014)
  • Quoted in “What European banks can learn from US stress tests,” IFLR (May 29, 2014)
  • Quoted in “CFTC monitors banks’ efforts to avoid swap-trading rules,” Bloomberg (Apr. 27, 2014)
  • Quoted in “Banks’ Overseas Swaps Moves Drawing CFTC Attention,” Bloomberg (Apr. 26, 2014)
  • Quoted in “Wall Street Shift Of Swap Trading Overseas Said To Draw CFTC Scrutiny,” WSJ (Apr. 25, 2014)
  • Quoted in “Yellen Suggests That Fed Will Push To Shore Up Market For Short-Term Debt,” The New York Times (Apr. 15, 2014)
  • Quoted in “Volcker Rule Continues To Elude Attack,” Law360 (Mar. 28, 2014)
  • Quoted in “European Banks Eye A Shift In US Capital Ratios,” Financial Times (Feb. 19, 2014)
  • Quoted in “Rachel Marsden: Transparency must accompany financial oversight,” NFOIC FOI Advocate Blog (Jan. 30, 2014)
  • Quoted in “Transparency must accompany financial oversight,” (Jan. 29, 2014)
  • Quoted in “The Deal: rules and Derivatives Moves Helped Do in Summers,” Top Penny Stocks Insurance Blog (Jan. 26, 2014)
  • Quoted in “To get right with the Volcker rule, banks look to sell private equity stakes,” Quartz (Jan. 8, 2014


  • Georgetown University Law Center, J.D., 1980
  • Harvard College, B.A., 1977, cum laude


Connect With Us