The European Securities and Markets Authority (ESMA) has opened consultation on a suite of potential measures to regulate the sale of contracts for difference (CFD) to retail investors, including rolling spot forex and binary options.
In a call for evidence on the potential need for intervention, the pan-European regulator is seeking feedback on proposed leverage limits on the opening of a position by a retail client, a margin close...
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‘Important to have an anchor’
Lack of innovation for solutions