Germany's financial supervisory authority BaFin has proposed limits on the marketing, distribution and sale of contracts for difference (CFDs) in response to what it sees as the current lack of consumer protection offered by providers.
A draft General Administrative Act published by BaFin yesterday proposes banning contracts with additional payment obligations, in order to restrict potential losses to the level of clients' deposits.
The regulator expressed concerned about a lack of protection for investors, noting that individuals may find [...]
