The Gateway to Algorithmic and Automated Trading

Quantopian hires Derek Meisner as General Counsel and Chief Compliance Officer

First Published 4th June 2016

New appointment enhances compliance and operations as firm prepares to manage external monies.

Boston, MA - Derek Meisner has joined Quantopian as General Counsel and Chief Compliance Officer. He will advise the company on legal, regulatory, and compliance issues.

Quantopian, a start-up firm backed by venture firms, including Boston-based Spark Capital, Khosla Ventures, and Bessemer Venture Partners, helps current and aspiring algorithm writers around the world to develop and profit from their algorithmic trading ideas. In the near future, Quantopian also plans to raise capital from outside investors to back the algorithms.

"Quantopian intends to serve as a trusted steward of its investors capital and authors' algorithms. Derek's hire helps us to build a compliance and operational infrastructure to do just that," stated John Fawcett, Quantopian's CEO.

Prior to his current position, Meisner served in the same roles for several years at two prominent Boston-based alternative investment advisers. Meisner is also a former Partner at the international law firm of K&L Gates, where he counseled Boston-based and national financial services clients on various compliance and securities enforcement matters. In addition, Meisner served as a Branch Chief in the Division of Enforcement of the U.S. Securities and Exchange Commission. He received a BA in Psychology from The University of Michigan and a JD from The American University, Washington College of Law.

Asked about his motivations to join Quantopian, Meisner noted that it was a "rare opportunity to build the legal and compliance function for a start-up investment adviser with talented employees and a unique and compelling investment strategy".