Jump to Content Jump to Main Navigation

IX The Retail Markets

From: EU Securities and Financial Markets Regulation (3rd Edition)

Niamh Moloney

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2022. All Rights Reserved.date: 28 September 2022

Subject(s):
European Securities and Markets Authority (ESMA) — Investment business
Retail market-orientated1 regulation in the securities and markets sphere can be associated with two objectives: the traditional objective of protecting investors and the objective of promoting long-term household saving through the markets, which is more recent in origin. With respect to the first objective, investor protection-directed regulation in the retail markets has long been concerned with addressing market failures arising from the wide information asymmetry between retail investors and professional market actors, and from the related risks and costs.2...
Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.