Esma proposes crackdown on CFDs and binary options
Esma considers ban on binary options and tighter leverage limit rules for contracts for difference
The European Securities and Markets Authority (Esma) is considering a ban on the marketing, distribution and sale of binary options, as well as imposing restrictions on the amount of leverage available to retail clients trading contracts for difference (CFDs).
In a statement issued on December 15, the European regulator provided an update on its work to address concerns over customer protection, following a similar warning in June 2017.
Esma said it “has been concerned about the provision of
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