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ESMA consults on investor protection topics linked to digitalization

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Photo: Adam Berry/Getty Images

The European regulator sets out its views on how firms should protect their customers in the age of digitization.

ESMA published a discussion paper (DP) on December 14, 2023 on the impact of digitalization on the MiFID II investor protection framework. This includes the increased use and reliance on social media and influencers by younger generations of investors.

The purpose of the DP is to consult stakeholders and consumers on whether