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    David DeCarlo

    Regulatory Innovation Officer at Illinois Department of Financial and Professional Regulation

    David DeCarlo serves as the first Regulatory Innovation Officer for the Illinois Department of Financial and Professional Regulation (IDFPR).14 In this role, he is involved in developing and implementing consumer financial protection measures, particularly in the areas of cryptocurrencies and digital assets.1

    DeCarlo has been instrumental in introducing landmark legislation to enhance Illinois' consumer financial protection capabilities. He has emphasized the importance of robust and nimble financial regulation to defend Illinois residents against fraud and abuse, particularly in the evolving digital financial landscape.1

    Prior to his current position, DeCarlo had a career in finance spanning over 20 years. His experience includes roles such as:

    • Senior Finance Manager at MITRE (December 2022 - Present)
    • VP of Financial Planning & Analysis at U.S. Chamber of Commerce
    • Various finance positions at Booz Allen Hamilton, including Sector FP&A Lead and Senior Finance Manager2

    DeCarlo holds an MBA from Loyola University Maryland and a Bachelor's degree in Finance from the University of Maryland - Robert H. Smith School of Business.2

    In his current role at IDFPR, DeCarlo has been involved in public discussions about financial regulation, participating in webinars to discuss how Banking as a Service (BaaS) regulation may be changing and its potential impacts on fintech compliance programs.3

    Highlights

    May 23 · illinois.gov
    IDFPR Announces Landmark Legislation to Launch Illinois ...

    Related Questions

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    David DeCarlo
    David DeCarlo, photo 1
    David DeCarlo, photo 2
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    Location

    Greater Chicago Area