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Dr. Patrick Conroy

Senior Vice President
Chair of NERA's Securities and Finance Practice

New York City
tel: +1 212 345 1466
fax: +1 212 345 4650



PhD in economics, University of Miami
BA in foreign policy, American University


Dr. Conroy specializes in economic analysis of securities and finance issues. His work at NERA has included expert testimony and consulting involving securities fraud, mutual and hedge fund trading, exchange-traded funds, securities lending, broker-dealer disputes, derivatives, leases, swaps, and private equity valuation disputes. He has also provided opinions on damages in bribery cases under the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act. Dr. Conroy has testified in US federal and state court and appeared at mediations and arbitrations.

Prior to joining NERA, Dr. Conroy was an economist at the US Securities and Exchange Commission (SEC) and developed new products for an online brokerage firm, FolioInvesting. While at the SEC, he conducted research on electronic communications networks, foreign securities, IPOs and underwriting, mutual funds, securities fraud, Social Security, broker/customer disputes, and market microstructure trading issues. While at FolioInvesting, he designed initial content and functionality and developed new products relating to performance, tax efficient trading, and margin.
Dr. Conroy holds a PhD in economics from the University of Miami. His dissertation explored limit order trading on the NYSE, and he has also published on Initial Public Offerings in the Journal of Finance.