Daniel N. Budofsky is a partner in Davis Polk's Derivatives and Structured Products Group. He advises financial institutions, corporations and hedge funds on financial products in domestic and international transactions and has worked on numerous convertible, exchangeable and over-the-counter derivatives and financing transactions, including fund derivatives transactions, as well as a variety of complex structured products. Mr. Budofsky has acted as counsel to the Securities Industry and Financial Markets Association in connection with financial and derivatives reform and the International Swaps and Derivatives Association in connection with the drafting of the 2006 Fund Derivatives and the 2011 Equity Derivatives Definitions project. Mr. Budofsky has been recognized as a leading lawyer in Chambers Global, Chambers USA and IFLR1000. Mr. Budofsky currently serves as the Chair of the OTC Subcommittee, Futures and Derivatives Regulation Committee of the New York City Bar, and has served as the chair of the Derivatives and Structured Products Law Committee of the New York State Bar Association from 2009-2012.