BEVERLY HILLS, Calif. - Advances in information technology and new regulations are leading to greater transparency and the democratization of the financial markets, according to speakers on a Monday panel at the 2013 Milken Institute Global Conference.

A revolution is underway in how transactions are executed, information is processed and disseminated, and capital is allocated, bringing changes across the financial spectrum from commodities to derivatives to equities and debt, speakers said.

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