Mark Fichtenbaum

EDUCATION

LLM, New York University, New York, NY - Taxation

ACADEMIC AND PROFESSIONAL ENGAGEMENT ACTIVITIES

Mark Fichtenbaum is a Certified Public Accountant and a member of the Bar in New York State. Mark has a consulting practice in which he advises hedge funds, family office and high net worth individuals with respect to the accounting and tax ramifications derived from transactions in financial instruments. In addition to understanding the myriad of tax, accounting, and regulatory rules, Mark also must understand the economics behind the often times complex financial transactions. Often there will be a number of different transactions that will achieve the same economic results but each will have a different tax, accounting or regulatory result. The major focus of his consulting practice is to help the client obtain their desired economic result while achieving the optimal tax, accounting or regulatory treatment they desire.

Another part of his consulting practice is advising a boutique brokerage firm with respect to their regulatory requirements imposed by both the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). As part of his consulting, Mark assists the firm with their audits by either the SEC or FINRA. He oversees the trading of securities on behalf of the firm's clients and insure that the firm and/or the clients are aware of any filing requirements that are necessary due to their activities.

The above activities take about 600-900 hours per year.

In addition to the above, Mark has published three articles in the past three years. Two were in mid-tier publications and the third was in a New York State Society of CPA's journal. All three articles analyzed the tax implications afforded to various complex financial transactions. He regularly attends and contributes to the monthly meetings of the Financial Instruments Committee of the New York State Society of CPA's. In the past, he has given presentations to the group.

SELECTED CONTRIBUTIONS & PUBLICATIONS

Fichtenbaum, M., Gordon, R. (2018). The New Tax Whipsaw for Swaps. Journal of Taxation of Investments. 35(3), 3-5.

Fichtenbaum, M., Gordon, R. (2017). Estate of McKelvey v Commissioner - Tax Planning Opportunity or a Trap For The Unwary. Journal of Taxation of Investments. 34(4), 25.

Fichtenbaum, M. (2016). Straddle Identifications Making the Best out of a Bad Situation. .