Are Retail Investors On Life Support?

Law360, New York (April 28, 2014, 9:34 PM EDT) -- I had an opportunity to speak at the North American Securities Administrators Association Public Policy Conference in Washington on April 8. The title of the topic was "Restoring Main Street Investors to the Capital Markets." The topic was an interesting one under any set of circumstances but became particularly topical in the aftermath of the publication of "Flash Boys," the book by Michael Lewis. Lewis famously described the stock markets as "rigged."...

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