Exclusive: Leverage is Not the Most Important Part of New FCA Regulations

[kreslik.news]

It’s been about half a year since the UK Financial Conduct Authority (FCA) announced that it intends to introduce substantial changes to its regulatory framework for retail brokers in the UK. Companies that are operating in the industry have been anxiously awaiting the decision of the watchdog regarding new rules which initially included caps on leverage and a ban on bonuses.

Fast forward to June, when the regulator is preparing to release its final verdict on a new framework that governs the brokers that are on-boarding retail clients. Industry insiders have shared with Finance Magnates that the FCA received an unprecedented ... (read more)