On-line Trading Under French Law

The terms “on-line trading” refer to the increasingly popular activity of buying and selling securities or more generally financial products and services over the Internet. Such an expansion raises a number of legal issues under European and French law.

The following questions have been addressed in this article:

What are the basic rights and obligations of the parties to an on-line trading transaction?
What statutory constraints apply to the offering of financial products and services?
What regulating authority is competent when the financial products or services are traded from a website located outside of France?

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