The European Securities and Markets Authority (ESMA) has agreed a range of product intervention measures to protect retail investors by prohibiting the provision of binary options and restricting the provision of Contracts for Difference (CFDs).
ESMA, along with National Competent Authorities (NCAs), concluded that there were significant investor protection concerns in relation to CFDs and binary options offered to retail investors.
Its measures follow proposals made at the end of last year, and include a prohibition on [...]