The Panel's topic was "Seeking Stability Amid a Sea of Change." Professor Lipton took the position that, based upon recent statutes passed by the Republican conference, designed to simplify capital formation, we can expect to see a significant increase in the number of regulations implementing any proposed changes.
Below is a description of the panel from the 2017 NASAA Public Policy Conference page:
Investors and securities markets continue to benefit from reforms enacted in the wake of the financial crisis, including policies that increase transparency regarding the activity of advisers to private funds, enhance systemic stability, minimize conflicts of interest, and hold bad-actors accountable. A panel of experts will discuss how legislation and regulation enacted in response to the financial crisis can be adjusted while maintaining important investor protections and empowering investors to make informed financial decisions as they invest for retirement and in small businesses that help grow jobs and create economic wealth. Panelists also will discuss where regulation is heading in the new administration, with an emphasis on the interplay of federal and state securities regulation.