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Nihal Patel

  • Partner | Financial Services

New York

T: +1.212.859.6645

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Nihal Patel represents both financial institutions and buy-side market participants on regulatory and compliance issues relating to securities and derivatives trading. 

Clients seek Nihal’s advice on broker-dealer regulation and swap regulatory issues arising under Title VII of the Dodd-Frank Act. Nihal has represented industry and trade groups including ISDA (documentation for addressing CFTC regulations adopted under Dodd-Frank), SIFMA (margin for TBAs and derivatives capital rules), and ARRC (benchmark transition). Nihal speaks on these and related topics at industry conferences in the United States and abroad.

In addition to his regulatory practice, Nihal maintains an active transactional practice, regularly advising clients on structuring complex financial transactions. Clients benefit from Nihal’s experience involving transactions in highly regulated environments, as well as his extensive experience in drafting and negotiating prime brokerage, derivatives, and other trading and ...

Nihal Patel represents both financial institutions and buy-side market participants on regulatory and compliance issues relating to securities and derivatives trading. 

Clients seek Nihal’s advice on broker-dealer regulation and swap regulatory issues arising under Title VII of the Dodd-Frank Act. Nihal has represented industry and trade groups including ISDA (documentation for addressing CFTC regulations adopted under Dodd-Frank), SIFMA (margin for TBAs and derivatives capital rules), and ARRC (benchmark transition). Nihal speaks on these and related topics at industry conferences in the United States and abroad.

In addition to his regulatory practice, Nihal maintains an active transactional practice, regularly advising clients on structuring complex financial transactions. Clients benefit from Nihal’s experience involving transactions in highly regulated environments, as well as his extensive experience in drafting and negotiating prime brokerage, derivatives, and other trading and financing documentation. 

Nihal is a contributor to the chapters on trading and dealings with customers in Lofchie’s Guide to Broker-Dealer Regulation and the swap definition, margin, and employees chapters of Lofchie’s Guide to CPO and CTA Regulation. Nihal also contributed the chapter on client clearing of derivatives in the United States in Financial Market Infrastructures: Law and Regulation from Oxford University Press (2021).

Chambers USA cited Nihal as an “Up and Coming” lawyer for Derivatives in 2021 and 2022 and in Financial Services Regulation: Broker Dealer (Compliance) in 2022. He was previously recognized in this category as an “Associate to Watch” in 2018, 2019, and 2020. The 2020 edition of IFLR1000 identified Nihal as a “Rising Star” and Super Lawyers named him a “New York Metro Rising Star” in 2021 and an “Associate to Watch” in Financial Services Regulation: Broker Dealer (Compliance) in 2018, 2019, and 2020.

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