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ASIC Sues eToro for Lapses around Identifying CFDs Investors

The Australian Securities and Investments Commission (ASIC) has sued the Aussie entity of multi-asset broker eToro for lapses around its contracts for differences (CFDs) offerings. Announced today (Thursday), ASIC alleged that eToro Aus Capital Limited breached design and distribution obligations (DDO) and also license obligation “to act efficiently, honestly, and fairly.” ASIC Sues eToro ASIC introduced the DDO rules in October 2021 and has been very strict towards compliance with these obligat... Read More

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Asic

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Etoro

Lapses

Around

Identifying

Cfds

Investors

Forex

Posted: Aug 3 2023, 07:03

Author Name: financemagnates

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