Regulatory AlertsPosition on the Conduct of Investment Firms in the Forex Market
The Polish Financial Supervision Authority (KNF) issued this position to address the rapid expansion of investment firms offering Forex services to retail clients, highlighting the high risks associated with leveraged derivatives. The document mandates that firms ensure all marketing and informational materials are accurate, understandable, and balanced, explicitly prohibiting the omission of loss risks or the use of misleading terminology. It further clarifies that the principle of acting in the best interest of the client applies to all activities, including those not strictly regulated, and exempts foreign branches from certain technical organizational requirements.
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