Pearson, A and Gáspár-Szilágyi, S (2022) Facebook with money: the rise of online brokerage platforms and vulnerable groups. Legal Studies, 42 (3). 377 - 395. ISSN 0261-3875

[thumbnail of facebook-with-money-the-rise-of-online-brokerage-platforms-and-vulnerable-groups.pdf]
facebook-with-money-the-rise-of-online-brokerage-platforms-and-vulnerable-groups.pdf - Published Version

Download (375kB) | Preview


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.

Item Type: Article
Additional Information: This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence (, which permits unrestricted re-use, distribution, and reproduction in any medium, provided the original work is properly cited. Copyright © The Author(s), 2021. Published by Cambridge University Press on behalf of The Society of Legal Scholars
Subjects: K Law > K Law (General)
Divisions: Faculty of Humanities and Social Sciences > School of Law
Depositing User: Symplectic
Date Deposited: 19 Apr 2023 14:07
Last Modified: 19 Apr 2023 14:07

Actions (login required)

View Item
View Item