Quantopian, a provider of capital, data, and infrastructure to algorithm authors, has appointed Derek Meisner 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 leading venture firms, enables 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,” Quantopian CEO John Fawcett said in a statement.

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.