INDUSTRY WARNING: IS YOUR BROKERAGE COMPLIANT? NEW ESMA RULES TO TAKE EFFECT ON AUGUST 1.
An industry-wide legislation set forth by the European Securities and Markets Authorities (ESMA) has called for a temporary restriction of the marketing, distribution or sale of contracts for differences (CFDs) to retail clients. The new measures which will take effect on August 1st2018 will consist of:
- leverage restrictions according to asset type
- margin close-out rules
- negative balance protection
- a limit of CFD marketing
FOR MORE INFORMATION – CLICK HERE
[divider_to_top]
