Live Online Conference 

# Fair Shares: Retail Investors and the Future of Equities Markets 

### ### 2021 Cato Summit on Financial Regulation

Date and Time 

September 9, 2021 10:30 AM - 2:50 PM EDT 

Location 

Live Online 

Share This Event 

Millions of retail investors have joined the market in the past year. Yet this democratization of finance has not been without a few bumps in the road. With rising retail investor participation, it’s time to think about the future of equities markets. Is it time to reevaluate the structure of the market? What role does fintech play in the future of retail investing? What investment options should retail investors have? Join us for an outstanding virtual program featuring leading policymakers and experts at Cato’s seventh annual Summit on Financial Regulation.

### Schedule

10:30 - 10:35 AM 

**Opening Remarks**

[**Jennifer J. Schulp**](https://www.cato.org/people/jennifer-schulp), Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute

10:35 - 11:30 AM 

**Retail Trading and Market Structure**

[**Gina-Gail Fletcher**](https://www.cato.org/people/gina-gail-fletcher), Professor of Law, Duke University School of Law 
[**Jonathan R. Macey**](https://cato.org/people/jonathan-macey), Sam Harris Professor of Corporate Law, Corporate Finance, and Securities Law, Yale Law School; Adjunct Scholar, Cato Institute 
[**Justin Schack**](https://www.cato.org/people/justin-schack), Partner, Rosenblatt Securities 

Moderated by [**Ben Bain**](https://www.cato.org/people/ben-bain), Financial Reporter, Bloomberg

11:30 - 11:45 AM 

**Break**

11:45 AM - 12:15 PM 

**Fireside Chat with Commissioner Elad Roisman of the U.S. Securities and Exchange Commission (SEC)**

[**Elad Roisman**](https://www.cato.org/people/elad-roisman), Commissioner, SEC 
[**Jennifer J. Schulp**](https://www.cato.org/people/jennifer-schulp), Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute

12:15 - 12:30 PM 

**Break**

12:30 - 1:30 PM 

**Market Access for Retail Investors**

[**Jill Fisch**](https://www.cato.org/people/jill-fisch), Saul A. Fox Distinguished Professor of Business Law and Co-Director of the Institute for Law and Economics, University of Pennsylvania Carey Law School 
[**Michael Piwowar**](https://www.cato.org/people/michael-piwowar), Executive Director, Center for Financial Markets, Milken Institute 
[**Steve Sosnick**](https://www.cato.org/people/steve-sosnick), Chief Strategist, Interactive Brokers 

Moderated by **[Chris Matthews](https://www.cato.org/people/chris-matthews)**, Reporter, *MarketWatch*

1:30 - 1:45 PM 

**Break**

1:45 - 2:45 PM 

**Retail Investors and Equity Investment Options**

[**Karl Muth**](https://www.cato.org/people/karl-muth), Adjunct Assistant Professor, University of Chicago Booth School of Business 
[**Urska Velikonja**](https://www.cato.org/people/urska-velikonja), Professor of Law, Associate Dean for Academic Affairs, Georgetown University Law Center 
[**Andrew Vollmer**](https://www.cato.org/people/andrew-vollmer), Senior Affiliated Scholar, Mercatus Center, George Mason University 

Moderated by **[Evie Liu](https://www.cato.org/people/evie-liu)**, Financial Reporter, *Barron’s*

2:45 - 2:50 PM 

**Closing Remarks**

[**Jennifer J. Schulp**](https://www.cato.org/people/jennifer-schulp), Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/).