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Take a closer look. When defendants needed help in a matter involving NYSE trading activity in
stocks, they retained CRA. Senior Consultant Mark Ready, former SEC Chief Economist, and his
team performed economic research and provided quantitative and qualitative support. On the eve
of trial, the government dropped all criminal charges.
 
 
  

Financial Markets: Securities markets & financial institutions

The astounding increase in the size and complexity of financial markets has made litigation involving trading and the markets increasingly complex and data intensive.

Over the past decade, we have witnessed:

  • Five-fold growth in stock trade volume on the NYSE,  NASDAQ, and AMEX
  • The maturation of ECNs and alternative trading systems into competitive trading venues
  • Increased M&A activity among the exchanges

A successful economic defense today requires a careful mix of financial markets acumen, knowledge of regulatory provisions, and knowledge of order-handling systems. Expertise in only one of these areas is insufficient because these elements are often interdependent.

With in-depth understanding of the critical crosscurrents between the economic substance of a transaction and the regulatory environment that guides the actions of a market participant, our consultants move beyond recognizing interesting patterns to providing clear, incisive, on-target analyses. All consulting engagements are supported by CRA staff members with extensive experience analyzing databases from brokers, investment banks, clearing houses, and mutual funds.