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CySEC to reach decision on CFD restrictions by end of July

From financefeeds.com

Following the launch of the Consultation Paper on Imposing National Product Intervention Measures (“NPIMs”) to Restrict the Marketing, Distribution and Sale of Contracts for Difference (CFDs), and the closure of the Consultation on June 14, 2019, the Cyprus Securities and Exchange Commission (CySEC) today announces that a decision on the content of the national intervention measures is expected to be reached by the end of July. CySEC will then inform ESMA and other National Competent Authorities (NCAs) on the content of the measures so that ESMA may conduct its examination and issue an Opinion on the proportionality ... (full story)

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