The Board of the International Organization of Securities Commissions (IOSCO) published its Report on Retail Market Conduct, in response to the evolving retail trading landscape, influenced by changing macro conditions, demographic trends, and technological developments.
Jean-Paul Servais, chairman of the FSMA and of IOSCO said: “Safeguarding the interests of retail investors is a core objective for IOSCO and a pre-requisite to help sustain retail investors’ interest and trust in capital markets. As a result of their increasing share in the overall trading volume, the retail market segment is increasingly influencing price formation and market trends. This in turn can make retail investors more vulnerable to misconduct by wrongdoers via a wide range of sophisticated tactics to exploit vulnerabilities. In today’s digital world, fraud patterns are increasingly cross-border and have no jurisdictional boundaries. IOSCO’s Retail Market Conduct Report is an overarching and global response to evolving misconduct trends and fraud patterns. As the IOSCO Board Chair, I would recommend the Toolkit suggested in the Report to regulators and supervisors around the world. IOSCO will continue to work on these issues.”
Find more information in the IOSCO press release.