Mr Marc Elovitz > Schulte Roth & Zabel LLP > New York, United States > Lawyer Profile

Schulte Roth & Zabel LLP
919 THIRD AVENUE
NEW YORK, NY 10022
NEW YORK
United States
Marc Elovitz photo

Work Department

Regulatory & Compliance, Blockchain Technology & Digital Assets, Cybersecurity & Data Privacy, Energy, Hedge Funds, Investment Management, Litigation

Position

Marc E. Elovitz is co-managing partner of the firm. He serves as chair of the Investment Management Regulatory & Compliance Group and as a member of the firm’s Executive Committee. Marc 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 provides guidance to clients on SEC registration, examination and enforcement matters. He also regularly leads training sessions for investment professionals on complying with insider trading and market manipulation laws, and he has developed and led compliance training sessions for marketing and investor relations professionals. Marc works closely with clients undergoing SEC examinations and responding to deficiency letters and enforcement referrals. He develops new compliance testing programs in areas such as trade allocations and conflicts of interest, and he 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 has a cutting edge practice covering 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.

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. Chambers USA, Chambers Global, The Legal 500 US, Who’s Who Legal: The International Who’s Who of Private Funds Lawyers and New York Super Lawyers have recognized Marc as a leading lawyer. He 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, Marc is regularly interviewed by leading media outlets, including Bloomberg, HFMWeekHFM ComplianceCompliance ReporterIA WatchPrivate Funds Management and Law360, to name a few. Marc is a co-author of Hedge Funds: Formation, Operation and Regulation (ALM Law Journal Press), the “Protecting Firms Through Policies and Procedures, Training, and Testing” chapter in the Insider Trading Law and Compliance Answer Book (Practising Law Institute) and 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). Marc received his J.D. from NYU School of Law and his B.A., with honors, from Wesleyan University.

Memberships

American Bar Association (Vice Chair Subcommittee in Private Investment Funds); Managed Funds Association; New York City Bar Association.

Education

New York University School of Law, JD.; Wesleyan University, BA, with honors.

Lawyer Rankings

United States > Finance > Financial services regulation

Schulte Roth & Zabel LLP offers a multidisciplinary group focused on emerging trends, covering regulatory issues affecting private funds and broker-dealers in relation to the creation and implementation of compliance programs and investigations carried out by FINRA and the SEC, respectively; the team places a further emphasis on issues surrounding digital wallet issuers, card associations, bill payment companies, currency exchangers and stablecoin issuers. The leadership team, which is based in New York, is comprised of Craig Warkol and Julian Rainero on the broker-dealer regulatory and enforcement front as well as banking regulatory expert Donald Mosher and investment management regulatory specialist Marc Elovitz.