Dana is a Managing Director and a member in the Anti-Money Laundering (AML) and Regulatory Compliance Practice at K2 Intelligence. Dana brings deep experience on complex legal and policy issues involving banking regulation, money transmission, emerging payment systems, virtual currency regulation, and cybersecurity practices of regulated industries to K2 Intelligence.
Before joining K2 Intelligence, Dana served as Associate General Counsel of the New York State Department of Financial Services (DFS) where he advised senior officials on issues related to New York State insurance and banking law, cybersecurity and virtual currency, and other matters involving the capital markets. He helped develop the DFS strategy for the review of cybersecurity standards of its regulated institutions, overseeing the revamp of the DFS cybersecurity examination process, helping implement targeted risk assessments of its regulated institutions’ cyber security preparedness, and taking steps to assess the cybersecurity risks presented by third-party vendors. While with the DFS Dana also helped oversee the development of the DFS strategy related to emerging payment systems, the drafting of New York State’s BitLicense virtual currency regulation, and the chartering of New York based virtual currency exchanges. As a part of these duties Dana regularly consulted with fellow State and Federal Regulators as well as a number of International Regulators.
Dana has investigative experience in anti-money laundering, Bank Secrecy Act, and KYC programs and has brought actions against regulated banks for violations of New York banking law in connection with transactions with nations subject to international sanctions.
Prior to the DFS, Dana was Assistant Attorney General (AAG) of the Taxpayer Protection Bureau in the Office of the New York State Attorney General where he served as the lead AAG in the investigation and litigation of cases involving civil and criminal enforcement of the New York State False Claims Act. While AAG he was also involved in high profile investigations pertaining to fraudulent practices within the foreign exchange market, price fixing in the issuance of government bonds, fraudulent practices in the food service industry’s retention of government rebates, large scale tax fraud by several prominent corporations, and fraud by a large Manhattan based charity.
Dana began his career in the litigation practice group at Smith, Gambrell & Russell LLP. He is admitted to the Bar of New York State and the United States District Court for the Eastern District of New York and the Southern District of New York.
Dana is a frequent speaker on banking regulation, cybersecurity, emerging payment systems, virtual currency regulation, the New York State False Claims Act and commercial litigation practice.
He received his J.D. degree from Brooklyn Law School where he was a Dean’s Merit Scholar, a member of Moot Court Honor Society, and a member of the National Trial Advocacy Team. He received his B.S. degree in communications from New York University.