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CFD providers see shares slump as FCA proposes stricter controls

6th December 2016 10:09 am GMT

Contract for difference (CFD) providers have seen their share prices plummet Tuesday after the UK's Financial Conduct Authority (FCA) proposed strict new regulations for the sector.

The FCA aims to ensure that customers are appropriately protected and that standards across the sector are improved, following a significant increase in the number of companies active in the market.

CFDs, such as spread bets and rolling spot foreign exchange products, are increasingly being offered by companies that do not [...]

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