Tag: ESMA powers

February 07, 2014 BY Gerald Segal

ESMA tells EU brokers to crack down on sales practices to retail investors

ESMA particularly notes selling practices of complex financial products to retail clients. ESMA is continuing to throw its weight around, and establish itself as a to-be-taken-seriously pan-European rule setter in financial markets. What exactly is ESMA's role? While not technically a regulator -- each EU country has its own financial regulator (e.g. FCA in the UK,…

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