Senior Special Counsel Andrew Feller brings over 20 years of invaluable expertise in securities and commodities law, including 15 years of service at the U.S. Securities and Exchange Commission investigating and litigating securities fraud matters as Senior Counsel in the Division of Enforcement and eventually serving on Commissioner Allison Lee’s staff as principal enforcement counsel and senior policy advisor.
Mr. Feller has extensive experience in applying and advising clients on the requirements of the Securities and Commodity Exchange Acts, the Dodd-Frank Act, market structures, and regulatory enforcement. His background includes a deep understanding of the operations of financial regulatory agencies and extensive experience engaging with government and private sector stakeholders at the most senior level.
He led investigations and participated in litigation on a wide range of securities law violations, including investment adviser and broker-dealer regulatory issues, FCPA, accounting fraud, rating agency conduct, and offering frauds. Feller has substantive experience with the Securities Act, Securities Exchange Act, Investment Advisers Act, and NRSRO regulations. His achievements as a member of the Enforcement staff included settlements that were among the largest ever of their kind at the time, resulting in the return of hundreds of millions of dollars to harmed investors. Cases included those against UBS AG, Putnam Investments, Citigroup, Inc., and Citigroup Global Markets, the last of which resulted in $285 million being returned to harmed investors in connection with allegations of undisclosed misconduct by Citigroup in the structuring of a complex subprime investment.
Feller was a founding member of the SEC’s Complex Financial Instruments Unit. In this role, he brought major cases against large international banks stemming from the 2007-2008 Financial Crisis. Feller also played a key role as a founding member of Enforcement's Retail Fraud Task Force in 2018.
From 2019 to 2022, Feller played a key role at the SEC as Senior Counsel and Senior Policy Advisor to Commissioner Allison Herren Lee, now Of Counsel at KKC, advising her on significant legal policy primarily relating to the Commission’s enforcement and whistleblower programs, including amendments to the Commission’s whistleblower rules, in addition to more than 3,000 enforcement recommendations from the Division of Enforcement. Feller worked closely with Commissioner Lee on her regulatory priorities, including advocating for revisions to the SEC's whistleblower rules to ensure the program’s continued viability and effectiveness, as well as on other rulemakings on a range of emergent issues. Following Commissioner Lee's tenure, Feller served as counsel to the Director of the SEC’s Division of Enforcement.
Immediately before joining KKC, Feller was Associate General Counsel and Executive Principal for the world's largest equity derivatives clearing organization. In that position, Feller was responsible for legal engagements with numerous domestic and foreign regulators and multilateral entities, including the SEC, CFTC, FRB, Federal Stability Board (FSB), and the International Organization of Securities Organizations and its Committee on Payments and Market Infrastructures (CPMI-IOSCO)
He began his career as an associate at two AmLaw 100 firms, representing corporate clients in SEC regulatory matters, white-collar criminal investigations, and enforcement cases. He also conducted internal investigations and assisted clients with public and private market capital-raising transactions.
Feller graduated from Williams College and the University of Michigan Law School.
