IG urges its clients to take a stand with regards to FCA’s proposals
From forexbrokerz.com
Major brokerage IG Group (LON:IGG) encourages its clients to share their opinions about the recent proposal from the Financial Conduct Authority (FCA) to raise margin requirements for CFDs and spread betting, among other things. While the broker says it generally supports the regulator’s idea to raise conduct standards across the industry, there may be better tools to achieve this goal. According to IG’s e-mail sent to all its clients, it is important that everyone involved in this business shares its opinion with the FCA, and especially traders. The broker further warns its clients that if the proposal goes through, ...
(full story)