After leaving the CFTC in April 1990, Davis joined the
New York Mercantile Exchange as senior vice president. In 1993, he joined America's Community Banks—a trade group for
thrifts and
mutual banks—as executive vice president and director of
government relations. At ACB, Davis led the organization's policy engagement on the
Gramm–Leach–Bliley Act, the Deposit Insurance Funds Act of 1996, and the 1996 tax bill. After ACB merged into the American Bankers Association in 2007, Davis remained as executive vice president overseeing housing and
mortgage market policy development,
GSE policy,
minority bank issues,
bank fraud and risk management, as well as mutual institutions. Before his retirement in 2020, Davis spearheaded an award-winning ABA initiative based on the MStar risk mapping tool to establish a shared classification for
cybersecurity risks and scenarios. ==References==