Breaking: Germany Details Negative Balance Protection CFDs Rules

[kreslik.news]

The German financial regulator, BaFin, just published a set of guidelines on the provision of contracts for difference (CFDs). The watchdog is outlining that the purpose of the document is to guide brokers about the details related to their offerings to retail clients. After announcing its initial intent last December, the regulator implemented a ban on brokers who fail to protect their clients from negative balances.

Over the past couple of months since the implementation of a ban on the provision of CFDs without negative balance protection, the German regulator has been conducting ... (read more)