Dan Danello has more than 25 years of experience as a corporate lawyer, including 18 years as a senior counsel at Fannie Mae and Sallie Mae. He focuses on delivering practical and cost-effective support to clients on finance transactions with a particular focus on derivatives, repos, foreign exchange contracts, and corporate governance, regulatory and compliance matters. 

At Fannie Mae, Mr. Danello served as counsel to the Treasurer on governance and compliance matters and transactions in the equity, debt, foreign exchange and derivatives markets. He also supported the Multifamily division on its hedging programs and investments in community development financial institutions (CDFIs) as well as various company divisions on regulatory matters, including financial product taxation and hedging issues; federal, state, and local lobbying and gifts laws; and implementation and operation of a business code of conduct. While at Sallie Mae, Mr. Danello managed the legal group responsible for corporate finance, capital markets, tax, and M&A transactions and regulatory and compliance matters. He helped launch Sallie Mae's student loan asset-backed securitization program.

Significant Matters

Mr. Danello regularly represents corporations, non-profit organizations, endowments, pension funds, asset managers, and financial institutions in negotiating and documenting OTC and exchange-traded swaps, security-based swaps, futures, forwards, and options as well as prime brokerage agreements, repurchase agreements, foreign exchange contracts, and related custodial and electronic license agreements. Recent significant matters include advising clients on the central clearing, exchange trading and margin requirements of Title VII of Dodd-Frank Act; representing a European commercial bank and its affiliates and other clients on Lehman bankruptcy work-outs, restructurings, and litigation; and helping clients manage documentation, collateral, reporting, and tax risks arising from funding, cash management, investment, and hedging transactions.

Activities

Mr. Danello is chair of the Derivatives, Securitization, and Project Finance Committee of the District of Columbia Bar's Corporations, Finance & Securities Law Section.