Business
James Angel is an Associate Professor at the McDonough School of Business at Georgetown University. He specializes in the market structure and regulation of global financial markets, and he has visited over 70 financial exchanges around the world. Last year he published Retail Investors Get a Sweet Deal: The Cost of a SIP of Stock Market Data, a paper that explained the value of market data to Main Street investors. He and Nasdaq Chief Economist Phil Mackintosh discuss the state of market structure and regulation, the Access Fee Pilot, market data, and how markets could be better.