David is a noted equity capital markets expert (private and public markets) and former Vice Chairman of The NASDAQ Stock Market. His work on the new issues market and market structure has been cited broadly (e.g., The Economist, Wall Street Journal, Financial Times) and he has appeared on BloombergTV, CNBC, Fox News and other television. He was a member of the NYSE and NVCA’s Blue Ribbon Panel to restore liquidity in the US venture capital industry and his work was cited in the NVCA’s final report.

David is Chairman, CEO and Founder of Capital Markets Advisory Partners, a think tank for capital markets that advises issuers, emerging exchanges (e.g. SecondMarket), and financial institutions (e.g. Grant Thornton). He also heads CMA Partners, LLC, a FINRA-licensed broker-dealer and previously founded The National Research Exchange.