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Testing as a Way to Protect the Rights of Non-Qualified Investors through a Case Study of Options

https://doi.org/10.26907/2541-7738.2024.6.109-121

Abstract

This article examines the effectiveness of testing to protect the rights and legitimate interests of non-qualified investors in the stock market based on the analysis of tests related to options trading. The rapid advance of digital technologies has reshaped all areas of public life, including economic relations governing exchange-traded funds. The automation of trading processes for stocks, bonds, options, and other financial instruments has attracted an increasing number of participants to the stock market. However, the low levels of financial literacy among them raise concerns. To mitigate potential risks, the state must develop and implement special mechanisms, methods, and protective measures (both legal and educational) that would enable non-qualified investors to fully exercise their rights and safeguard their legitimate interests, empowering them to navigate the stock market effectively and confidently, without fearing adverse consequences such as financial losses, debt, or bankruptcy due to legal and economic illiteracy. The obtained results show that the organization of testing for granting access to options trading is an effective solution to the problem of protecting non-qualified investors in the stock market.

About the Authors

A. V. Pilintsov
Ural State University of Economics
Russian Federation

Yekaterinburg, 620000



K. E. Deinega
Chelyabinsk State University
Russian Federation

Chelyabinsk, 454001



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For citations:


Pilintsov A.V., Deinega K.E. Testing as a Way to Protect the Rights of Non-Qualified Investors through a Case Study of Options. Uchenye Zapiski Kazanskogo Universiteta Seriya Gumanitarnye Nauki. 2024;166(6):109-121. (In Russ.) https://doi.org/10.26907/2541-7738.2024.6.109-121

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ISSN 2541-7738 (Print)
ISSN 2500-2171 (Online)