Tracy Marion brings nearly two decades of legal experience to securities enforcement and other financial issues, with deep familiarity in state and federal regulatory frameworks and administrative law across a range of financial matters. Admitted to practice in both Georgia and Alabama, he focuses his practice at PowersMarion on representing hedge fund managers, third-party administrators, crypto firms, and individuals facing investigations and enforcement actions brought by the SEC and state securities regulators, as well as civil actions arising from those proceedings.
Before he was an attorney, Tracy was a registered stockbroker — Series 7 licensed through NASD, now FINRA — with Lehman Brothers and Morgan Stanley in Atlanta, where he managed accounts for wealthy families and institutional clients. That experience gives him something most securities enforcement attorneys don't have: a working knowledge of how broker-dealers and financial advisory firms actually operate, from compliance pressures to the decisions that draw regulatory scrutiny. He understands the business because he worked in it.
From 2016 to 2022, Tracy founded and managed two separate cryptocurrency hedge funds, raising outside investor capital and handling every layer of the legal and regulatory infrastructure himself — drafting the Private Placement Memoranda, navigating state and federal securities requirements, and coordinating with third-party administrators and outside accounting firms. He wound the funds down as regulatory uncertainty around digital assets made the investment thesis difficult to execute. That hands-on experience on the operator side of a crypto fund gives him a distinct advantage when representing fund managers and digital asset firms in SEC investigations and enforcement proceedings.
Tracy earned his J.D. from Cumberland School of Law at Samford University, where he was a member of the law review and published an article on bankruptcy estate valuation. He has been licensed to practice law since 2006.