EU Watchdog Mulls Reform Of Protection For Retail Investors
By Lucia Osborne-Crowley (October 4, 2021, 12:38 PM BST) -- The European securities watchdog has asked the finance sector for input on a new legislative regime that will govern retail investments with a focus on protecting investors.
The European Securities and Markets Authority said on Friday that it is seeking responses from financial services companies to the European Union's forthcoming retail investment strategy.
The authority has asked for advice on how well the bloc's investment disclosure rules help consumers choose between financial products and what effect the increasing use of technology in retail investments is having on choice.
The watchdog said it wants to know whether "consumers can make informed choices...
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