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Central Bank of Ireland proposes ban on sale and distribution of CFDs
The Central Bank of Ireland has today joined the growing group of regulators seeking to curb the distribution of high-risk financial instruments. The Central Bank has published a Consultation on the protection of retail investors in relation to the distribution of CFDs. One of the options outlined in the document is the prohibition of the sale or distribution of CFDs to retail clients in and from Ireland. Another is the implementation of enhanced investor protection measures. The regulator states that a prohibition on the sale or distribution of CFDs to retail clients could have the greatest impact in terms of ... (full story)
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Beware of robber banks (RB), bad advisors.
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