Marc Powers understands the legal, business and regulatory environment surrounding his clients, where he confidently and creatively acts on behalf of his diverse client base. The former leader of the firm’s Securities Litigation and Regulatory Enforcement practice team, as well as the Hedge Fund Industry practice team, Marc is retained for complex securities and business litigation and SEC enforcement investigations, especially those involving high-profile parallel proceedings and insider trading.
Marc often acts as offsite General Counsel to emerging and established companies in varied industries, guiding them on their legal issues and strategic decisions to achieve their business, regulatory and compliance goals. Marc also advises clients specifically on regulatory compliance with blockchain technology and the federal securities laws, and in forming cryptocurrency investment funds. He is an active member of Global Digital Finance, an international body dedicated to the adoption of digital finance through establishment of best practices for capital raising, token offerings, trading and taking custody of digital assets.
For hedge funds, Marc’s broad experience advises on all aspects of a fund’s operation, from formation to regulatory compliance to unavoidable litigations. He is an invited participant with the Risk, Legal and Compliance Working Group of the North American Fund Administration Association.
Marc has been ranked by Chambers USA and Legal 500 as one of New York’s leading lawyers in securities and shareholder litigation, and is commended by Chambers “for his impressive handling of high-stakes disputes, in particular in the securities area” (Chambers USA 2015). He is described by clients as an attorney who “has a wealth of knowledge in his field” and the ability “to couch things in a way that businesses can understand” (Chambers USA 2018). Marc formerly worked at the SEC and has been recognized as a New York “Super Lawyer” every year since 2006.