Breaking: FCA Warns Regulated CFDs Providers, Urges Actions

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5082
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Breaking: FCA Warns Regulated CFDs Providers, Urges Actions

Postby kreslik.news » Mon Feb 01, 2016 1:33 pm


The U.K. financial regulator has issued a letter to the CEOs of regulated CFDs providers pointing out some concerns related to client on boarding and risk disclosures to clients. The Financial Conduct Authority (FCA) has been reviewing a number of procedures which CFDs brokers are using to onboard clients.

Looking at the way brokers are approaching customers to asses their appropriateness for CFDs trading and at the initial risk disclosures to clients of 10 brokerages prompted the watchdog to issue a letter which serves as guidance to the regulated firms.

The FCA highlighted in the letter that it identified a number ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”