Current position:
Fred V. Keenan Chair in Finance, Professor of Finance and Business Economics at the University of Southern California Marshall School of Business.
Bio Highlights:
- Chief Economist of the U.S. Securities and Exchange Commission (2002-2004)
- Authored “Trading and Exchanges: Market Microstructure for Practitioners” (2003)
- Edited “Regulated Exchanges: Dynamic Agents of Economic Growth“ (2010)
- Chairman of the Clipper Fund, Inc. (CFIMX)
- Lead independent director of Interactive Brokers, Inc. (IBKR)
- University of Chicago, Ph.D. (1982)
Position Paper, select quote:Dr. Harris’ Position Paper
“Most notably, I found that the trades in question did not violate the Commission’s prohibition of energy market manipulation. I further found that the trades did not violate any other reasonable definition of market manipulation. Instead, I found that Chen’s trades were statistical arbitrage trades that he arranged with the expectation that they would be profitable due to, among other things, characteristics of a poorly designed market structure.”
