With very high saving rates, around 17% of the assets of private EU households were held in form of financial securities (shares, bonds, etc.). By comparison, this share is 43 % in the USA. With a package to protect and empower retail investors, the EU-Commission wants to contribute to increasing consumer interest in the EU capital markets. On 24 May, the long announced proposal was presented. At the centre of the public debate is a commission ban for financial advisors, or rather its hesitant implementation.