Financial and Legal Regulation of the System of Insurance of Financial Risks of Retail Investors in the Russian Federation

The article considers a proposal to improve the protection of the rights of retail investors in the Russian securities market through the establishment of a financial risk insurance fund for retail investors of the Russian Federation. The total volume of investments of the country's citizens in the national stock market is analyzed, taking into account gender and age comparative characteristics. The creation of an insurance system will help offset the financial risks of investors, protect their rights and legitimate interests, and reduce reputational costs for the Russian Federation stock market associated with the actions of unscrupulous participants in relation to retail investors. In the future, insurance of funds on brokerage accounts and ICS will allow attracting broader segments of the Russian population who were previously not interested in these investments due to their risky nature, which will contribute to significant investments of funds in the national economy of the Russian Federation.