Natallia Hunik, Global Head of Sales at Advanced Markets and Fortex, Inc. highlights ESMA's latest requirements in a special guest post exclusive to LeapRate. The inner workings of brokers have always been a mystery, a secret more closely guarded than the gates of hell it seems. That makes one wonder, why is it such a well-kept…
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Two weeks back, the Australian Securities and Investments Commission (ASIC) released a consultation paper, which suggested that, since all other measures had failed to curb extraordinary losses caused by binary options and to a lesser extent by CFDs, the agency intended to ban binary options and severely restrict the use of CFDs. The measures were…
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The European regulator ESMA has earlier today issued its positive opinion on product intervention measures taken by Slovenia and its National Competent Authority (NCA). According to the EU watchdog, the proposed measures are justified and proportionate. NCA needs to take product intervention measures that are at least as stringent as ESMA’s measures. However, Slovenia’s Securities…
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