Retail Investing Surge Cushions Economic Downturn and Calls for Adequate Reforms

Over the last two years, health-related restrictions and economic shutdowns had unforeseen effects on European capital markets. An increase in disposable income available for EU households to invest, and at ...
Read More

Last chance for Member States to support EU citizens as investors and finally ban Payment for Order Flow (PFOF)

Member States have until 31 May to actively support transparent, efficient, and accessible equity markets for retail investors and submit their written comments to the French Presidency working on the ...
Read More

Transparency and Best Execution for Retail Traders and Investors

Retail trading must be simple, transparent, cost-efficient, and done in the best possible conditions for individual, non-professional (“retail”) investors. To achieve this, BETTER FINANCE puts forward a series of recommendations ...
Read More

Leveling the SPACs Playing Field: Investors Call for More Transparency and Better Investor Protection

Although SPACs - Special Purpose Acquisition Companies - have existed for quite some time, their sudden popularity over the last few years has drawn the attention of investors and regulators ...
Read More

Special Purpose Acquisition Companies (SPACs): Impacts on Transparency, Information Disclosure, Investor Protection and Supervision

The objective of this project is to understand the perceived experience of market participants with special purpose acquisition companies (SPACs), including investment professionals as well as the recipients of financial ...
Read More

BETTER FINANCE response to the European Commission consultation on the Listing Act

Unfortunately, EU action through the listing act aimed at incentivising businesses and companies to go public and for individual, non-professional investors to invest in these companies, did not achieve its ...
Read More

Barriers to Shareholder Engagement 2.0 | SRD II Implementation Study (2021)

The general meeting is the cornerstone of shareholder democracy. It is not only where voting on major company decisions takes place, but also the only place where private shareholders can ...
Read More

Shareholder Rights Directive II fails to deliver for European cross-border shareholders

To ensure sustainable development and a brighter future, shareholder engagement must be given a chance! Despite the entry into force of the Shareholder Rights Directive II (SRD II) in September ...
Read More

Robo-advice: Automated? Yes. Intelligent? Not so much.

Extreme divergences between platforms and investor profiles in terms of asset allocation and expected returns reveal significant deficiencies in the suitability of the algorithms’ investment recommendations. From virtual meetings and ...
Read More

For a Consolidated Tape of Capital Market Trades that Brings Value to Individual Investors

Available data and evidence show significant increases in the trading and investing activity of EU households, sparked by a new wave of young, previously inactive, non-professional investors. Many EU retail ...
Read More