Retail Investors in EU Securities Law: from Caveat Emptor to a High Level of Investor Protection (notice n° 157167)
[ vue normale ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 02011cam a2200181 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250112031835.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Gnoni, Salvatore |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Retail Investors in EU Securities Law: from Caveat Emptor to a High Level of Investor Protection |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2018.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 87 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This article summarises the arrangements in EU law regarding the protection of retail investors in the provision of investment services and their development in the past decades. The features of securities markets have led to move away from relying on the caveat emptor principle to much higher levels of investor protection. The recently introduced MIFID 2 legislation includes intrusive measures like product governance rules, and product intervention powers.The cross-border nature of EU financial markets adds another complexity to the protection of retail investors and arrangements need to be in place to take sufficiently into account the interests of retail investors located in other jurisdictions. These arrangements are based on various tools available to ESMA to ensure supervisory convergence across the EU. ESMA has conducted various assessments of national supervisory practices which show still wide variation in practices across the EU and an overall modest level of enforcement activity.Finally, this article briefly reflects on contract law, which also very much affects the level of retail investor protection. Progress in this area has been much less in terms of convergence, with persistent major differences across the EU. One such area of major differences concerns the opportunities for redress in case of retail investor detriment. JEL Codes: K22, G28, G18. |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Maijoor, Steven |
| Relator term | author |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Vuarlot-Dignac, Sophie |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue d'économie financière | 129 | 1 | 2018-06-13 | p. 205-221 | 0987-3368 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-d-economie-financiere-2018-1-page-205?lang=en">https://shs.cairn.info/journal-revue-d-economie-financiere-2018-1-page-205?lang=en</a> |
Pas d'exemplaire disponible.
Réseaux sociaux