|Erik R. Sirri|
|Location||Babson Park, MA|
Erik R. Sirri is a professor at Babson College in Massachusetts. Previously, he was director of the Division of Market Regulation at the Securities and Exchange Commission. He is an economist and an expert in securities market structure. He was appointed to the SEC position on Aug. 14, 2006.
He stepped down from the SEC and returned to academia at the end of April 2009.
From September 2006 until he left the SEC, Sirri oversaw the SEC's programs related to securities exchanges, brokers, dealers, clearing agencies, transfer agents, and credit rating agencies. He also worked closely with the financial agencies of the President's Working Group on Financial Markets both on policy issues and in coordinating responses to the 2008 market crisis.
He previously served as Chief Economist for the SEC from 1996 to 1999.
Sirri is a Professor of Finance at Babson College and a visiting scholar at Harvard Law School. His areas of expertise include the interaction of securities law and finance, the design and performance of securities exchanges, and market microstructure. From 1989 until 1995, he served on the faculty of the Harvard Business School. He has published articles in several academic journals on topics that include the future of securities exchanges, strategies for submitting orders to exchanges, corporate bond trading, execution cost biases, the practice of preferencing of equity exchanges, and insider trading.
Sirri has a B.S. in Astronomy from California Institute of Technology, an M.B.A. from University of California, Irvine, and a Ph.D. in Finance from University of California, Los Angeles.