Update: FCA reveals permanent CFD retail restrictions
Makes ESMA restrictions permanent
Executive director of strategy & competition at the FCA Christopher Woolard
The Financial Conduct Authority (FCA) has confirmed permanent restrictions on the sale, marketing and distribution of contracts for difference (CFD) and "CFD-like" options to retail investors, following a review of the products.
It follows temporary restrictions put in place by pan-European regulator ESMA, covering issues of maximum leverage, inducements and other concerns, which the FCA has now made permanent. FCA's Randell:...
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