Gáspár-Szilágyi, S and Pearson, A (2021) Facebook with money: the rise of online brokerage platforms and vulnerable groups. Legal Studies. 1 - 19. ISSN 0261-3875

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Abstract

<jats:title>Abstract</jats:title> <jats:p>The recent advances in information technology now allow millions of people to trade and invest in an array of financial assets with the help of online brokerage platforms. This allows retail investors to have more control over their own financial well-being, arguably a positive development. Nevertheless, trading and investing with real money comes with serious risks, especially for vulnerable people. The current UK framework for the regulation of online trading in financial assets overlooks vulnerable groups, such as children, disabled adults, and vulnerable women. By drawing a parallel between online gambling and online trading, the negative effects of online trading can be minimised. The UK regulatory and policy framework surrounding online gambling could provide valuable solutions to tackle the existing lacunae in the protection of vulnerable groups in the online trading environment.</jats:p>

Item Type: Article
Additional Information: The final version of this article and all relevant information related to it, including copyrights, can be found on the publisher website at; https://www.cambridge.org/core/journals/legal-studies/article/facebook-with-money-the-rise-of-online-brokerage-platforms-and-vulnerable-groups/6F99F374A5331D9874BA9EAEB3660B44
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HA Statistics
H Social Sciences > HF Commerce
H Social Sciences > HG Finance
K Law > K Law (General)
Divisions: Faculty of Humanities and Social Sciences > School of Law
Related URLs:
Depositing User: Symplectic
Date Deposited: 15 Mar 2022 16:28
Last Modified: 15 Mar 2022 16:28
URI: https://eprints.keele.ac.uk/id/eprint/10467

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