Lilly conducts investigations into trading practices and trader conduct as part of compliance reviews, regulatory investigations, and litigation. She focuses particularly on derivatives trading, commodities markets, and the analysis of high-frequency-trading (HFT) data. Lilly has more than a decade of experience in using data to re-create and examine complex trading strategies and their interactions with the market in cases involving alleged market manipulation, misreporting, spoofing, banging the close, and other types of misconduct. She has extensive experience with HFT data sets such as trade capture systems, market transaction data, audit logs, and limit-order-book data from various futures and equities markets. Lilly holds an MA in applied economics from Johns Hopkins University and is a CFA Charterholder.