Regulatory Alerts2018-12-06
Added · Updated
PS19/18: Restricting contract for difference products sold to retail clients
The Financial Conduct Authority issued Policy Statement PS19/18 to implement restrictions on the sale of contract for difference (CFD) products to retail clients. The regulator mandates that firms must ensure CFDs are not sold to retail customers unless they meet specific suitability and appropriateness requirements. This policy aims to protect retail investors from the high risks associated with leveraged CFD trading by enforcing stricter conduct standards.
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