Tag: FSA regulation

April 02, 2013 BY Gerald Segal

UK's financial regulator FSA ceases to exist today

The UK breaks the FSA into two parts – the FCA, and the PRA. The UK's Financial Services Act 2012 goes into effect today, (technically yesterday, April 1 2013, but it was the Easter Monday bank holiday in the UK), whereby the UK's financial regulator the FSA is being broken into two parts -- the FCA,…

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March 04, 2013 BY Gerald Segal

European regulator ESMA warns on CFD trading

Is this ESMA's way of indicating it plans to tighten rules for CFD trading? The EU's financial markets regulator, ESMA (the European Securities and Markets Authority), has issued a somewhat strange and "plain-vanilla" sounding warning against CFD trading by retail investors.  The ESMA warning on CFD trading states that ESMA is concerned that "during the current…

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