On January 10, the UK Financial Conduct Authority (FCA) published a “Dear CEO” letter that it has sent to providers and distributors of contract for difference (CFD) products to retail customers.

The letter reminds firms that CFDs are high-risk, complex financial products and refers to the FCA’s recent review of the CFD market. During the review, the FCA assessed the conduct of firms providing the CFD service and firms that distribute the product and deal with the retail customer.
Continue Reading FCA “Dear CEO” Letter to CFD Providers and Distributors Highlights Concerns Following Review of CFD Market