Article preview: Retail investors will be better protected from financial harm following permanent restrictions on the sale of certain complex derivative products in the UK. The Financial Conduct Authority (FCA) has proposed rules to make permanent a temporary ban on the sale of binary options to retail investors. The rules, which will apply to firms acting in or from the UK, will ban the sale, marketing and distribution of binary options to retail consumers. They will also restrict the sale, marketing and distribution of contracts for difference (CFDs) and similar products to retail customers.
Retail investors protected by complex investment ban
This 800 word blog post explains proposals from the Financial Conduct Authority to restrict the sale of binary options and CFDs to retail investors. Includes an expert comment from Christopher Woolard, Executive Director of Strategy & Competition at the FCA. Written on 8th December 2018.
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