Regulatory Alerts2019-06-26
Added · Updated
CSSF Regulation No 19-06 restricting the marketing, distribution or sale of contracts for differences to retail clients
The Commission de Surveillance du Secteur Financier issued Regulation No 19-06 to impose strict restrictions on the marketing, distribution, and sale of contracts for differences to retail clients. The regulation mandates that providers must enforce initial margin, margin close-out, and negative balance protections while prohibiting inducements and requiring specific risk warnings. These measures, which include defined margin percentages and standardized loss disclosures, entered into force on 1 August 2019.
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