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ESMA highlights risks to retail investors of social media driven share trading

From esma.europa.eu

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has released a statement to highlight to retail investors the risks connected with trading decisions based exclusively on exchanges of views, informal recommendations and sharing of trading intentions through social networks and unregulated online platforms. The statement is issued as part of ESMA’s investor protection objective to safeguard retail investors, whose participation is key to the development of the Capital Markets Union. Several recent episodes have seen certain US stocks experience high price volatility based on ... (full story)

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