MERJ adds Marc Powers as special board adviser.
Highly experienced US Securities lawyer, Marc Powers, has been appointed special adviser to the board of MERJ Exchange.
We are delighted to announce the appointment of Marc Powers as special advisor to the board of MERJ Exchange. Marc is a securities lawyer with 35 years experience counseling U.S. and foreign businesses on complex securities law matters relating to regulatory, litigation and governance issues.
Having begun his career with the SEC enforcement division, Marc went on to build securities litigation and regulatory enforcement practises for major US firms.
He enjoys international recognition as one of the leading authorities and thought leaders at the intersection of blockchain technology and the evolving regulatory environment for securities businesses using the technology.
As an adjunct professor at Florida International University College of Law Marc teaches “Blockchain, Crypto and Regulatory Considerations”. His thought leadership endeavours include regular appearances on CNBC and Bloomberg, as well as the monthly opinion column in CoinTelegraph, “Powers On..”, renowned for its incisive views relating to the regulation of digital assets.
MERJ Exchange CEO, Ed Tuohy, welcomed Marc with the following words:
“Marc brings 4 decades of securities regulation expertise, combined with his work as a Professor at FIU focusing on the application of law to digital assets. He is a real world practitioner focusing on how best to bring this technology to life. In many ways he encapsulates everything MERJ stands for and we are delighted to welcome him to our team.”
MERJ operates an end-to-end ecosystem of financial markets infrastructure, designed to support legacy and digital systems side by side. There is currently no other operator of regulated exchange or post trade services globally that can offer the end to end support for DLT systems that MERJ provides. In Marc’s own words:
“MERJ Exchange is building regulated securities market infrastructure for the digital era. Their ability to support the exchange with clearing, settlement and registry services is fundamental to the growth of digital securities. What I see is a team of experienced market infrastructure operators building on top of an already impressive regulatory framework. I am very excited to get involved.”
Marc holds a BBA, Finance, University of Wisconsin- Madison, and a JD, Hofstra University School of Law, where he recently served on the Dean’s Advisory Board for five years. Marc built and led both the Securities Litigation & Regulatory Enforcement Division, as well as the Hedge Fund Industry, Practises for AMLaw 50 firm, BakerHostetler. He sat on the Wolters Kluwer Securities Regulation Advisory Board, from 2010 until his retirement from law firm practise in December 2020. He is an early member of Global Digital Finance, a worldwide association which establishes international protocols and accreditation for digital assets. Marc also acts as an adviser to a number of other blockchain companies.
MERJ provides regulated market infrastructure for primary and secondary markets for digital and non-digital securities. As such it provides listing framework in line with best international securities markets principles, a central order book, matching engine, a licensed clearing and settlement system and securities facility, depository and registry. The MERJ platform supports retail and institutional investors from IOSCO recognised jurisdictions around the world, either via professional intermediaries or via direct access.