Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 28 January 2021

Abstract and Keywords

This Chapter considers the main features and the evolution of the regulatory treatment of retail investors and of related policy and scholarship. It considers the different regulatory objectives and the different characterizations of the retail investor which have been deployed to shape regulation in this sphere. It assesses the particular challenges which regulatory design poses in the retail markets, including by means of an examination of the three main tools of retail market investor protection: mandatory disclosure, distribution regulation, and product intervention. It concludes by suggesting that while the reform process in this sphere tends to be slow and regulatory attention tends to be sporadic, the increasing level of regulatory sophistication and the likely increasing capacity of retail investors to influence the regulatory process over time augur well for its future development.

Keywords: retail investor, retail markets, investor protection, disclosure, product intervention, distribution

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.