Dr. Carr is an economist specializing in financial markets and financial regulations. He has testified in and outside the U.S. on regulatory, financial, accounting, economic, and governance issues including high-frequency and algorithmic trading in futures and equity markets, insider trading, securities issuances, U.S. GAAP, internal controls, executive compensation, and SEC filing and disclosure requirements.

Dr. Carr’s engagements have involved regulations by the SEC and the CFTC, FINRA, the NFA and non-U.S. securities and commodities regulators His accounting and corporate governance engagements have involved the application of accounting principles under U.S. GAAP and IFRS, internal control standards under COSO, fiduciary responsibilities and executive compensation. He has analyzed trading databases consisting of billions of order and trade records in equity, futures, bond and swaps markets worldwide to interpret trading strategies, detect alleged spoofing, layering and market manipulation, as well as evaluating compliance.

Prior to his consulting career, Dr. Carr was a senior financial economist at the SEC’s Division of Risk, Strategy and Financial Innovation, which was created following the financial crisis as the agency’s “think tank” to provide sophisticated, interdisciplinary analysis across the entire spectrum of SEC activities, including policymaking, rulemaking, enforcement, and examinations. He led the economic analyses and made recommendations on numerous regulations such as the incorporation of IFRS in U.S. financial reporting, and enforcement matters involving financial institutions.

Dr. Carr earned an MBA in finance from the University of Southern California. He holds a PhD in accounting with an emphasis in econometric analysis and capital markets from Northwestern University.

Dr. Carr has served on the business school faculties of Columbia, USC, and Toronto teaching MBA courses on valuation, credit analysis, financial statement analysis, and corporate finance. His research on securities regulations has been published in peer-reviewed academic journals.