For more than three decades, Dr Andrew Carron has specialised in securities and financial economics, focusing on fixed income instruments, derivatives, and risk management. Dr Carron has been appointed in both arbitration and civil litigation as an expert in financial economics, securities markets, industry customs and practices, suitability of investment recommendations, valuation, risk management, and calculation of damages. He has testified on behalf of both claimants and respondents in broker-customer arbitrations involving allegations of misrepresentation, unsuitability, churning, and excessive mark-ups. He has been retained in arbitration proceedings under the authority of the AAA, the NYSE, the NASD, FINRA and UNCITRAL (Bermuda). He has also submitted testimony to courts in the US, UK, Canada, Hong Kong, Guernsey and the Cayman Islands.
Dr Carron has also conducted studies of market structure and practices for bond rating agencies, trade associations, financial institutions, and individual and institutional investors.
Prior to joining NERA, Dr Carron spent over 12 years in the securities industry, during which time he had responsibility 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 mortgage- and asset-backed securities research.
Dr Carron received his PhD, MPhil, and MA in economics from Yale University, and his BA in economics with honours from Harvard University, where his areas of concentration were industrial organisation and financial economics.
WWL says: Andrew Carron is "an expert in broker-customer arbitration" and demonstrates "a real depth of knowledge".
This biography is an extract from Who's Who Legal: Arbitration which can be purchased from our Shop.