Overview
Global Head of Investment Management Regulatory and member of the firm’s Executive and Management Committees. Advises private fund managers on running their businesses consistent with the Investment Advisers Act of 1940 and all other applicable laws, regulations and legal requirements.
Marc’s cutting-edge work covers the latest trends of interest to private funds, including blockchain technology and digital assets. He advises on the legal and regulatory considerations involving virtual and digital currency business initiatives and the blockchain technology behind them.
He also develops new compliance testing programs in areas such as trade allocations and conflicts of interest, and leads macro-level compliance infrastructure reviews with fund managers, identifying the material risks specific to each particular firm and evaluating the compliance programs in place to address those risks.
Marc works closely with clients undergoing SEC examinations and responding to deficiency letters and enforcement referrals. He provides guidance on SEC registration, examination and enforcement matters.
Marc regularly leads training sessions for investment professionals on complying with insider trading and market manipulation laws. He has also developed and led compliance training sessions for marketing and investor relations professionals.
As a speaker, Marc is frequently invited to discuss current industry-related topics of interest at leading professional and trade association events. He has presented on whistleblowing, regulatory and compliance issues for private funds and SEC inspections and examinations of hedge funds and private equity funds, among many other topics.
Marc has been a member of the Steering Committee of the Managed Funds Association’s Outside Counsel Forum, the American Bar Association’s Hedge Funds Subcommittee and the Private Investment Funds Committee of the New York City Bar Association.
A recognized thought leader, he is regularly interviewed by leading media outlets, including Bloomberg, HFMWeek, HFM Compliance, Compliance Reporter, IA Watch, Private Funds Management and Law360, to name a few.
Marc is a co-author of:
- Hedge Funds: Formation, Operation and Regulation (Full Court Press)
- the “Protecting Firms Through Policies and Procedures, Training, and Testing” chapter in the Insider Trading Law and Compliance Answer Book (Practising Law Institute)
- the “Market Manipulation” chapter in the leading treatise Federal Securities Exchange Act of 1934 (Matthew Bender)
He also wrote the chapter on “The Legal Basis of Investment Management in the U.S.” for The Law of Investment Management (Oxford University Press).
Recognitions
- Chambers Global – Band 1
- Chambers USA – Band 1
- The Legal 500 US
- Best Lawyers in America
- Who’s Who Legal: The International Who’s Who of Private Funds Lawyers
Community
- Hedge Funds Subcommittee of the Federal Regulation of Securities Committee, American Bar Association
- Steering Committee of the Outside Counsel Forum, Managed Funds Association
- Private Investment Funds Committee, New York City Bar Association
Credentials
Education
New York University School of Law, JD
Wesleyan University, BA, with honors
Admissions
New York
Courts/Agencies
US Supreme Court
US Court of Appeals, Fourth Circuit
US Court of Appeals, Sixth Circuit
US Court of Appeals, Ninth Circuit
US District Court, Eastern District of New York
US District Court, Southern District of New York
