Scott Gutmanstein

Scott M. Gutmanstein is an Associate in Lehman & Eilen LLP's broker-dealer, investment adviser, investment partnership, and commercial transaction practice areas.

Mr. Gutmanstein draws on his extensive trading and compliance experience in providing legal counsel to broker-dealers and other financial institutions. His practice covers all aspects of broker-dealer regulation, with a focus on market regulation, member firm regulation, and sales and trading practice issues. In addition, Mr. Gutmanstein represents broker-dealers in connection with responses to examination findings and enforcement proceedings in connection with SEC and self-regulatory organization (SRO) matters, in areas such as SEC branch exams, Municipal Securities Rulemaking Board (MSRB) trade reporting, Order Audit Trail System (OATS), and best execution. Other areas of experience include developing compliance and supervisory procedures, anti-money laundering programs, and advising broker-dealers on their soft dollar practices.

Prior to the practice of law, Mr. Gutmanstein was an equity-trading supervisor for a NASDAQ market maker, worked for several years as a NASDAQ market maker himself, and was a registered representative of several major Wall Street firms.

Mr. Gutmanstein received his Juris Doctor in 2005 from Pace University School of Law. He received a Masters in Business Administration from Baruch College in 1999 and his Bachelor of Arts degree in 1990 from the State University of New York at Albany.