Bafin toughens rules on CFDs

New directive for August 10 requires implementation of negative balance protection for CFD products in Germany

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Bafin acts: "Restriction of CFD trading is a necessary step to protect retail investors” – Elisabeth Roegele

Germany’s Federal Financial Supervisory Authority (Bafin) has announced it will restrict the marketing, distribution and sale of financial contracts for difference (CFDs) from August 10, in the