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ASIC slaps restrictions on CFD providers

The corporate regulator has used its product intervention powers to impose conditions on the distribution of contracts for difference (CFDs) to retail clients.

ASIC slaps restrictions on CFD providers
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ASIC slaps restrictions on CFD providers

ASIC said it had intervened in the products by reducing the degree of leverage that could be offered to retail investors within a CFD.

Read more at the ifa

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