Business
Plus500, IG and CMC Markets Reveal Their Take on New ASIC Rules – Finance Magnates
Aussie regulator is receiving a flood of responses to its latest swipe against the sale of risky investments to retail investors, with Plus500 showing a similar…
The Australian Securities and Investments Commission (ASIC) laid out new rules on Thursday to limit the extent to which brokers can pump up their retail clients bets on financial markets using CFDs products.
Today, the Aussie regulator is receiving a flood of responses to its latest swipe against the sale of risky investments to retail investors, with Plus500 showing a similar reaction to its industry peers by claiming that it already operates in compliance with most of these restrictions.
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