Investors will be prevented from using contracts for difference (CFDs) from next month unless they satisfy strict new rules aimed at counteracting mis-selling of the high-risk stock market instruments.
The crackdown will force brokers that offer CFDs - highly-leveraged bets that allow investors to profit from movements in a share price without owning the underlying share - to conduct detailed investigations into individual clients, to find out whether they fully understand the risky nature of...
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