FCA Blocks Rogue Financial Promotions, including CFDs
Mar 25, 2023
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Retail lending was the most affected industry, due to the financial squeeze.
CFDs were among the sectors with the highest amend/withdraw outcomes.
The UK Financial Conduct Authority (FCA) announced on Thursday that between July and September 2022, it intervened 4,151 times to withdraw or amend rogue financial promotions. As highlighted by the FCA, the most common breaches involved contracts for difference (CFD) providers.
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