Oz regulator goes in to bat for retail buyers over CFDs

By Ralph Sinclair
22 Aug 2019

Australia’s financial regulator has proposed a ban on the sale of binary options to retail clients along with restrictions on the sale of contracts for difference.

If implemented, the proposals would bring Australia more into line with the stance taken by EU and north America regulators. On Thursday, the Australian Securities and Investments Commission released a consultation paper, proposing to use its product intervention powers to address what it sees as significant harm to ...

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