- Senior Managing Director
- Forensic & Litigation Consulting
- T: +1 212 499 3623
- F: +1 212 841 9350
- Three Times Square
- 9th Floor
- New York, NY, 10036
- United States
- T: +1 212 247 1010
- F: +1 212 841 9350
- M.B.A., Finance, University of Southern California
- Ph.D., Accounting, Northwestern University
- CFA Charterholder
- American Accounting Association
- American Finance Association
- CFA Institute
- Regulatory Investigations
- Securities Litigation & Risk Management
- Accounting & Risk Management
- Corporate Governance
- Econometrics & Statistical Analysis
- Financial Services
Emre Carr is a Senior Managing Director at FTI Consulting and is based in New York. Dr. Carr is an economist specializing in financial markets and financial regulations. He has testified in U.S. and international courts and by deposition on regulatory, financial, accounting, economic, and governance issues including high-frequency and algorithmic trading in futures and equity markets, insider trading, Generally Accepted Accounting Principles, internal controls, executive compensation, analysts’ forecasts, public and private securities issuances, SEC filing and disclosure requirements, and alleged pyramid-schemes.
Dr. Carr’s engagements have involved regulations by the SEC and the CFTC, self-regulatory organizations such as FINRA and the NFA, and other securities and commodities regulators around the world. His accounting and corporate governance engagements have involved the application of accounting principles under U.S. GAAP and IFRS, internal control standards under COSO, 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, and evaluate compliance with applicable regulations. He has conducted valuation, damages, materiality, economic substance, class-certification, and loss-causation analyses, econometric analysis of securities prices and event studies. He has also participated in investigations and reviews of U.S. and international securities and commodities regulators and other organizations.
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, the incorporation of IFRS in U.S. financial reporting, and enforcement matters involving financial institutions. In addition, he was the subject matter expert in the development of the SEC’s quantitative tool for detecting accounting and disclosure violations by scoring every corporate filing submitted to the SEC.
Prior to joining the SEC, Dr. Carr served on the faculties of Columbia, USC, and Toronto business schools and has taught MBA courses on valuation, credit analysis, financial statement analysis, accounting, and corporate finance. His research on securities regulations has been published in peer-reviewed academic journals. He holds a Ph.D. in Accounting with an emphasis in econometric analysis and capital markets.