Tag: Forex conflict of interest

June 16, 2016 BY LeapRate Staff

CySEC warns on linking Broker pay to volumes, deposits or client P&L

Cyprus financial regulator CySEC has issued a directive regarding remuneration policies and practices at CIF licensed companies, which include the many regulated retail forex and binary options brokers on the island. While not directing an outright ban on such practices, CySEC stated that certain types of remuneration seem to create a conflict of interest with clients,…

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June 01, 2016 BY LeapRate Staff

ESMA posts updated marketing rules for CFDs, Forex and Binary Options

Pan European financial regulatory body European Securities and Markets Authority (ESMA) has just published an updated version of its marketing rules for CFDs, Forex and Binary Options. The update was done in Q&A form, focusing on the application of the Markets in Financial Instruments Directive (MiFID) to the marketing and sale of financial contracts for difference (CFDs)…

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