Panel Discussion: Practical Applications for Enhancing Financial Literacy

Financial literacy can play a key role in wealth building and investor protection. This panel will address the need to expand and make more accessible investor education for various life stages, including best practices and the role of regulators.

Moderated by:

• Elissa Germaine, Assistant Professor of Clinical Legal Education, and Associate Director, Securities Arbitration Clinic, St. John’s University School of Law
• Alice Stinebaugh, JD, Retired, Social Studies Chair, Parkland School District; Retired Adjunct Instructor in Economics, University of Scranton

Panelists:

• Dr. Annamaria Lusardi, PhD, Senior Fellow, Stanford Institute for Economic Policy Research (SIEPR); Director of the Financial Freedom Initiative, a collaboration between SIEPR, the Graduate School of Business, and the Economics Department at Stanford University, Presentation
• Tim Ranzetta, Co-Founder, Next Gen Personal Finance, Presentation
• Dr. Inger Daniels-Hollar, PhD, Assistant Professor of Finance, School of Business and Industry, Florida A&M University, Presentation
• Gerri M. Walsh, President, Financial Industry Regulatory Authority (FINRA) Investor Education Foundation; Senior Vice President, Investor Education, FINRA, Presentation
• Gary Tidwell, Consultant, International Organization of Securities Commissions (IOSCO)

Panel Discussion: Examining the use of Complex Investment Products and Strategies by Self-Directed Investors – Is the Current Approach Working?

The number of self-directed investor accounts trading complex products and utilizing complex strategies has increased significantly in recent years. This panel will discuss the use of complex investment products and strategies by self-directed investors with a focus on whether investors are being protected adequately by the account approval process and disclosures that the existing regulatory structure require.

Moderated by:

• Christine M. Lazaro, Professor of Clinical Legal Education and Director, Securities Arbitration Clinic, St. John’s University School of Law

Panelists:

• Professor Elizabeth Goldman, Clinical Professor of Law, and Director, Securities Arbitration Clinic, Benjamin N. Cardozo School of Law, Presentation
• Michael Garawski, Associate General Counsel, Regulatory Practice and Policy, Financial Industry Regulatory Authority (FINRA)
• Kevin Carroll, Deputy General Counsel, Litigation and Private Client (Legal), Securities Industry and Financial Markets Association (SIFMA)
• Micah Hauptman, Director of Investor Protection, Consumer Federation of America

Discussion of a Recommendation regarding Digital Engagement Practices

Subcommittee and Working Group Reports

Closing Remarks and Adjourn