ASIC Crackdown to Make CFD Marketing Clearer and More Transparent for Australian Traders

ASIC Australian Securities and Investments Commission

ASIC has moved to significantly improve transparency in the way contracts for difference (CFDs) are marketed to Australian retail traders, after a sweeping review found that many providers overstated potential benefits and failed to clearly explain the risks and costs involved. Following regulatory intervention, dozens of CFD brokers have been forced to rewrite websites, rebalance […]

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