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ASIC’s CFD Product Intervention Order Takes Effect

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The order strengthens protections for retail clients trading CFDs after ASIC found that CFDs have resulted in, and are likely to result in, significant detriment to retail clients.

The maximum CFD leverage available to retail clients will range from 30:1 to a 2:1, depending on the underlying asset class. Before now, a retail investor’s CFD exposure could be as much as 500 times their original outlay.

21-060MR ASIC’s CFD product intervention order takes effect | ASIC - Australian Securities and Investments Commission