Should retail investors’ leverage be limited?

© 2018 Does the provision of leverage to retail traders improve market quality or facilitate socially inefficient speculation that enriches financial intermediaries? We evaluate the effects of 2010 regulations that cap leverage in the U.S. retail foreign exchange market. Using three unique data sets...

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Bibliographic Details
Main Authors: Heimer, Rawley, Simsek, Alp
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:English
Published: Elsevier BV 2021
Online Access:https://hdl.handle.net/1721.1/134174