IOSCO Issues Report to Help Members Enhance Retail Investor Protection

IOSCO issued a report on behavioral insights that could be used to improve retail investor protection. The report looks at, among other things, the (i) design of disclosure to optimize reader comprehension, (ii) use of online interfaces and (iii) timeliness of information. The report found that behavioral factors are limited in their effect, and that, notwithstanding design or delivery, disclosures may be insufficient on their own to "achieve comprehensive retail investor protection."