ESMA Sees Growth in “Aggressive Marketing” by Brokers in its Annual Report

[kreslik.news]

The European Securities and Markets Authority (ESMA) has published its 2017 Annual Report today. The report sets out the regulator’s objectives, key achievements and activities during the year.

The report focuses on four main points: supervisory convergence (implementing MiFID II and MiFIR), assessing risks by focusing on data quality, creating a single rulebook and supervising credit rating agencies (CRAs) and trade repositories (TRs).

Investor protection

In the report, ESMA highlighted the rapid increase in the marketing, distribution and sale of contracts for differences (CFDs) and binary options to retail investors across the European Union (EU). The report noted that broker’s aggressive ... (read more)