Balancing Protection with Innovation: How Robinhood’s Lucas Moskowitz Sees The Regulatory Road Ahead

Fewer public companies. Private companies planning to stay private longer. A regulatory framework that keeps retail investors locked out of possible growth opportunities. As a former SEC staffer and Capitol Hill veteran, Robinhood's Senior Vice President, General Counsel, and Corporate Secretary Lucas Moskowitz has a thorough understanding of the issues at play. Lucas joins the Synergize podcast to talk about the push to expand access to private markets, the current accredited investor landscape, and what AI could mean for the future of financial advice. Copyright 2026. TradePMR, Inc. For a transcript of this episode with sources, visit synergizepodcast.com. If you want to join the conversation or connect with us, please visit us at synergizepodcast.com. This content is provided for general information purposes only. The views expressed by non-affiliated guest speakers are their own and do not necessarily reflect the opinion of TradePMR Inc. or its affiliates. TradePMR Inc. and its affiliates do not endorse any guest speakers or their companies and therefore give no assurances as to the quality of their products and services. This channel is not monitored by TradePMR Inc. TradePMR Inc. does not provide investment advice, tax advice or legal advice. TradePMR Inc. is a member of FINRA and SIPC. TradePMR, Inc., is registered with the Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB). TradePMR provides brokerage and account services to registered investment advisors. Custodial services provided by First Clearing. First Clearing is a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC, a registered broker dealer and non-bank affiliate of Wells Fargo & Company. TradePMR, Inc. is a wholly owned subsidiary of Robinhood Markets, Inc. 00:00 Welcome to Synergize: The Podcast for RIAs 00:25 Live from Synergy '26 in Washington, D.C. 00:36 Meet Lucas Moskowitz: Robinhood's Man in DC 01:01 Big Law, the Hill, the SEC — and Now Robinhood 01:33 What You Learn Working for the People Who Run Markets 02:29 Why This Regulatory Moment Is Unlike Any Before It 03:02 The Deregulation Myth: Why Fewer Rules Can Mean More Protection 03:44 What Lucas Saw Inside the SEC Enforcement Division 04:03 Safety-First Doesn't Mean Standing Still 04:48 What the TradePMR Partnership Really Means for Advisors 05:52 AI in Financial Advice: Opportunity, Risk, and the Open Questions 06:15 Why the Human Element Isn't Going Anywhere 07:12 Fewer Public Companies, Longer Private Stays — and Why That's a Problem 08:04 The Accredited Investor Rule Is Broken. Here's Why It Matters. 08:29 How Robinhood Is Pushing for Market Access Reform 08:56 One Thing Every Financial Advisor Should Do Right Now 09:18 Why Washington Is Now One of the World's Biggest Financial Capitals 09:53 Episode Wrap-Up & Key Takeaways