Having practiced in securities litigation, regulation and enforcement for more than 30 years, Marc Powers understands the legal, business and regulatory environment surrounding his clients, where he confidently and aggressively – yet deliberately – acts on behalf of his diverse client base. As leader of BakerHostetler's Securities Litigation & Regulatory Enforcement and Hedge Fund Industry practices, he is retained for complex securities and business litigation and SEC enforcement investigations, especially those involving high-profile parallel proceedings. Since 2015, as noted below, he has successfully argued on three separate occasions before the Second Circuit Court of Appeals. In the hedge fund industry, Marc's broad experience addresses each client's circumstance individually, providing proactive support throughout all aspects of a fund's operation, from inception to regulatory compliance to unavoidable litigations. Marc is 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 formerly worked at the SEC and has been recognized as a New York Super Lawyer every year since 2006.
Marc is frequently invited to speak at premier conferences for the securities and hedge fund industries, and appears regularly in the media. He has spoken numerous times at Securities Industry and Financial Markets Association (SIFMA) and MFA Compliance Conferences. Marc has also presented at the SALT Conferences on Handling and Responding to SEC Investigations and the JOBS Act. Marc appeared on Fox Business News discussing the "Five Things to Do When the Feds Come Knocking," and has also appeared several times on Bloomberg Television's Money Moves, discussing insider trading. Marc's representation of Douglas Faneuil in the government's cases against Martha Stewart is chronicled in James B. Stewart's book Tangled Webs: How False Statements Are Undermining America: From Martha Stewart to Bernie Madoff (2011).