Facebook with money: the rise of online brokerage platforms and vulnerable groups

Gáspár-Szilágyi, Szilárd ORCID: https://orcid.org/0000-0001-7204-406X and Pearson, Abigail 2022. Facebook with money: the rise of online brokerage platforms and vulnerable groups. Legal Studies 42 (3) , pp. 377-395. 10.1017/lst.2021.51

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Abstract

The recent advances in information technology now allow millions of people to trade and invest in an array of financial assets with the help of online brokerage platforms. This allows retail investors to have more control over their own financial well-being, arguably a positive development. Nevertheless, trading and investing with real money comes with serious risks, especially for vulnerable people. The current UK framework for the regulation of online trading in financial assets overlooks vulnerable groups, such as children, disabled adults, and vulnerable women. By drawing a parallel between online gambling and online trading, the negative effects of online trading can be minimised. The UK regulatory and policy framework surrounding online gambling could provide valuable solutions to tackle the existing lacunae in the protection of vulnerable groups in the online trading environment.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Schools > Cardiff Law & Politics
Publisher:	Cambridge University Press
ISSN:	1748-121X
Date of First Compliant Deposit:	15 January 2026
Last Modified:	15 Jan 2026 11:30
URI:	https://orca.cardiff.ac.uk/id/eprint/183523

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