AK position paper on the proposal of the European Commission on the amendment of the Prospectus Directive of 24.9.2009[21-01-2010]
In Austria, thousands of small investors have lost their entire or a large part of their savings because of the financial crisis. These losses were also made possible by the fact that investors were not (or not adequately) informed about the high-risk character of the investments, even though the capital market prospectuses had listed all possible risks.
Policy Papers | Economic - Consumers
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