Netherlands is going down the same road as France and Belgium as the country is preparing to ban the advertising of binary options and some CFDs (https://smnweekly.com/2016/09/26/netherlands-ban-advertising-binary-options-cfds/). which the local regulator Authority for the Financial Markets (AFM) has dubbed “toxic investment products for consumers”.
Dutch finance minister Jeroen Dijsselbloem said in parliament that consultations between the ministry and the regulator are already underway.In AFM’s view, stepping up the protection of consumers against the marketing of providers of “toxic investments” is a step in the right direction, as it often involves financial instruments with a large leverage resulting in considerable losses.
This is usually only the first step. How long before they decide to ban trading altogether, like Belgium did?
Dutch finance minister Jeroen Dijsselbloem said in parliament that consultations between the ministry and the regulator are already underway.In AFM’s view, stepping up the protection of consumers against the marketing of providers of “toxic investments” is a step in the right direction, as it often involves financial instruments with a large leverage resulting in considerable losses.
This is usually only the first step. How long before they decide to ban trading altogether, like Belgium did?