Andrew Carron consults in the areas of financial products and markets, investments, and risk management. He has been qualified at arbitration hearings and trials as an expert in matters of financial economics, securities markets, industry customs and practices, suitability of investment recommendations, prudence under the ERISA standard, and calculation of damages.
Dr. Carron's litigation assignments span class actions, valuation, market practices, investments, and damages. He has conducted studies of market structure and practices for bond rating agencies, financial institutions, and individual and institutional investors. Additionally, he is the lead author of “Impact of the Credit Crisis on Mortgage-Backed Securities” in The Handbook of Mortgage-Backed Securities (Oxford University Press, ed., 2016).
Dr. Carron served as Chairman of NERA from 2013 to 2017 and as President from 2006 to 2012. From 2003 to 2005, he chaired NERA's Securities and Finance Practice. Prior to joining NERA, Dr. Carron spent more than 12 years in the securities industry. During his securities industry career, he was responsible for oversight of risk exposure for his firm's bond trading activities, directed fixed-income research for global bonds and currencies in London, and managed the mortgage and asset-backed research department. Before joining the securities industry, Dr. Carron conducted research on financial markets at the Brookings Institution in Washington, DC.