Russia Goes After Unregulated Firms and Germany Demands Balance Protection – Best of the Week

[kreslik.news]

This week some of the biggest stories in the online currency trading industry involved new actions to protect retail clients by regulators in Russia and Germany.

The London Summit 2017 is coming, get involved!


German protection

On Monday the news broke that the German regulator decided to use the ‘intervention option’ to protect retail clients from negative balances. BaFin’s Executive Director, Elisabeth Roegele, said: “By restricting trading in CFDs we are making use for the first time of the product intervention option.”

A number of brokers, including CMC Markets, IG Group, and Plus500, soon announced that ... (read more)