ESMA: Statement on work in relation to the sale of CFDs, binary options and other speculative products to retail investors
29 Jun 2017
United Kingdom
1 min read
ESMA has announced that it is discussing the possible use of its product intervention powers under Article 40 of MiFIR to address investor protection risks in relation to CFDs, rolling spot forex and binary options, including the possible content of any such measures, and how they could be applied. It is noted that any intervention measures must be approved by the ESMA Board of Supervisors and can only come into effect from 3 January 2018 at the earliest.
