Picture of Andrew W. Reich

Andrew W. Reich

Of Counsel
Download VCard

Phone: 212-696-1999
Fax: 212-566-4531

350 Fifth Avenue Suite 4640
New York, New York 10118

Andy Reich has extensive experience in broker-dealer and other financial services regulatory enforcement, litigation, arbitration, transactions and compliance counseling.

Andy worked in enforcement at two self-regulatory organizations (SROs), both as Regional Counsel in FINRA Enforcement (f/k/a NASD) and as head of enforcement at the Philadelphia Stock Exchange. In these positions, Andy led investigations and disciplinary proceedings, and conducted hearings and appeals, involving alleged violations of SRO rules and federal securities laws, rules and regulations. While at FINRA, Andy also counseled the member applications department regarding firms’ applications for new membership and for approval of changes in ownership and operations.

Since leaving the regulatory world for private practice, Andy has represented broker-dealers, investment advisers, other types of financial services firms, compliance officers, supervisors, traders and registered representatives in inquiries, examinations, investigations and proceedings by FINRA, the SEC, and other governmental and private sector regulators; in federal and state court litigations; and in arbitrations before FINRA and other forums.

In addition to regulatory defense and litigation/arbitration, Andy has advised financial services clients on rules compliance, supervisory policies and procedures, cybersecurity programs and incident response, transactional matters, and various forms of proactive outreach to regulators.

Before joining Lax & Neville, Andy practiced in the litigation departments at two national AmLaw 100 firms.

Andy has been published and quoted in numerous financial industry and other publications, including ABA Annual Review of Developments in Business and Corporate Litigation, ABA Securities Litigation Journal, CLS Blue Sky Blog, Compliance Reporter, and Federal Securities Law Reports.


J.D., University of Michigan Law School

B.A., University of Pennsylvania
cum laude
Major: Economics

Jurisdictions Admitted to Practice State of New York
U.S. District Court, Southern District of New York
U.S. District Court, Eastern District of New York
Client Reviews
The Lax & Neville team were total professionals in handling our case. They've clearly had quite a bit of experience handling complex legal matters in many jurisdictions and courts. I was impressed with their professionalism coupled with persistence in arguing a very complete and well-structured case. I highly recommend their services. Anonymous
I am very, very happy with the outcome of my case and my experience with Lax Neville could not have been better. The entire team of attorneys and staff are real professionals, they always had time to answer my many questions about my case. I was treated with compassion and respect. I am so grateful I chose to work with Lax Neville. Anonymous
This is an official " thank you" for all your hard work. It really was a pleasure to have you represent me, and I enjoyed seeing you, Rush and Sandra in action. I think Lax and Neville epitomizes the phrase "quality vs quantity". I think I told you before that I spent a lot of time researching firms; in this case things worked out, I picked the best firm. I hope I never need your services in the future, but if I do I know I found the best attorneys for these types of legal issues. Anonymous
What transpired at the [redacted] was nothing less than a truly masterful and exceptional experience regarding your intelligence, professionalism, preparedness for my case, teamwork and erudite knowledge pertaining to Securities Law, FINRA and the SEC. The facility and ease of how the case was handled, the systematic questioning of all the witnesses to obtain the facts necessary to prove our case, the preparation of the critically conclusive information and documents, the commanding coup de gras closing argument and your tireless consideration and respect for the Panel and [redacted] was, is and will continue to epitomize my feelings and conclusion that what transpired over those long three days was nothing less than raw and unabashed brilliance. Anonymous
The New York Times
Dowjones Newswires
CNN Money
The Wall Street Journal
Thomson Reuters
Super Lawyers
Securities Arbitration Commentator