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ESMA disagrees with FCA on some CFD offering restrictions

From financefeeds.com

The European Securities and Markets Authority (ESMA) has earlier today issued a set of opinions regarding proposed product intervention measures by national competent authorities, including the UK Financial Conduct Authority (FCA). As FinanceFeeds has reported, the FCA has made changes to its Handbook regarding restrictions to offering of CFDs and CFD-like products to retail investors. Overall, the measures outlined by the FCA were the same as those adopted by ESMA. And yet, there were some differences. Today, it became clear that ESMA does not agree with all the measures set forth by the UK regulator. The national ... (full story)

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