Online financial information: Law and technological change*

Research output: Contribution to journalArticle

8 Scopus citations

Abstract

Two contrasting narratives about the impact of the Internet on investors point to different responses by regulators: a narrative of empowerment suggests that regulators should encourage investors to make investment decisions for themselves. But a narrative of vulnerability suggests that these investors may not be able to use the information that is available, and may be at increased risk of loss. Regulators should aim to promote investor empowerment while taking due account of investor vulnerabilities. Three characteristics (immediacy, interactivity, and interjurisdictionality) distinguish online investment information from offline investment information and have implications for the regulation of online information.

Original languageEnglish (US)
Pages (from-to)375-409
Number of pages35
JournalLaw and Policy
Volume26
Issue number3-4
DOIs
StatePublished - Oct 1 2004

ASJC Scopus subject areas

  • Sociology and Political Science
  • Law

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