French AMF Bans FX & Binary Advertisement, Retains CFDs with Conditions
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French AMF Bans FX & Binary Advertisement, Retains CFDs with Conditions
The French financial regulator, Autorité des marchés financiers (AMF) is mandating some changes to retail brokers operating in the country. After months of deliberations on an advertising ban for certain products, the watchdog has come up with the final rules for brokers.
All electronic advertisement of forex and binary options in France will be banned. Companies will still be able to offer CFDs (contracts for difference) provided that they meet certain requirements. IG Group is currently the first company to state that the ban will have little effect on the firm’s operations in the country.
The AMF is requiring all ... (read more)
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