Dykema Expands Financial Institutions Regulatory/Compliance Practice With Addition of Elizabeth Khalil

Dykema, a leading national law firm, today announced the addition of Elizabeth Khalil to its Government Policy & Practice Group in the firm’s Chicago office. Elizabeth will also spend time in the Washington, D.C., office, as well as in the firm’s Michigan and Texas offices. Prior to joining Dykema, she served as Acting Special Assistant to Mark Pearce, Director of the Federal Deposit Insurance Corporation (FDIC)’s Division of Depositor and Consumer Protection (DCP).

In her previous role, Khalil acted as a key advisor on a number of special projects and initiatives and served as a liaison within DCP, across the FDIC, and with external units. She also served as Senior Compliance Policy Analyst, where she represented the FDIC and DCP in interactions with federal and state regulators and a variety of other stakeholders, such as the financial services industry, consumer advocates, the public and the press. A significant part of her work related to community banking, including providing technical assistance and addressing issues of interest to community banks. She worked on projects with the Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, including serving as chair of the interagency working group that produced the first social media-focused compliance risk management guidance issued to the banking industry. 

With experience in compliance law, regulations and policies relating to both banking and non-banking entities, including the examination and enforcement processes, Khalil brings a strong background in regulatory issues to Dykema. She focuses on emerging compliance issues, particularly those related to technology and new uses of consumer information, as well as consumer lending and deposit issues and rules issued pursuant to the Dodd-Frank Act. Her work also focuses on issues involving mobile financial services and payment systems, including compliance issues relating to advertising, disclosures, and privacy and data security. 

“Elizabeth’s insight and experience with government policy and financial matters will be an immediate asset to our clients since the nature of her practice is so extensive and cross-functional,” said Ed Weil, Director of Dykema’s Financial Industry Group. “I am delighted that she is joining the firm and am positive she will provide our clients with outstanding service.”

Prior to her time with the FDIC, Khalil was a Senior Associate at Hogan Lovells. She also previously served as a senior attorney in the Community and Consumer Law division of the Office of the Comptroller of the Currency. She is a frequent author and lecturer, and served as co-author and co-editor of the PLI Financial Institutions Answer Book. She received a J.D. from the University of Michigan Law School and a B.S., cum laude, from Georgetown University.