How New FCA Regulations are Going to Affect Retail Brokers
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How New FCA Regulations are Going to Affect Retail Brokers
Following in the footsteps of CySEC, the FCA, Britain’s Financial Conduct Authority, published its Consultation Paper (CP) in its December circular, seeking industry feedback on its proposed regulation policies.
The set of regulations, which has the stated aim of enhancing the conduct of business rules for firms providing contract for difference products to retail clients, proposes a series of significant restrictions. Once implemented, these regulations could entirely change the face of trading as we know it, with major changes to CFDs, leverage and bonuses.
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[b]These regulations could entirely change the face of the trading as we know ... (read more)
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