France sets specifics for ban on e-advertising on forex, binary options

M

mlawson71

France’s financial regulatory body, the Autorite des Marches Financiers (AMF) said yesterdat it has set specific requirements for ban on the online advertising of risky financial products, including forex, binary options and contracts for difference (CFDs). The new rules are included in the Sapin II law and refer to advertising to retail investors. The regulator considers the above-listed instruments are speculative and risky and their direct and indirect electronic advertising affects trader and their decisions.
The financial regulator intends to combat the practice of online advertising of forex, binary options and CFDs to retail investors as they are risky with a number of activities.
 
It's interesting that the site which hosts that article has an advertisement at the top of the page for a company offering trading in CFDs and binary options. :D
 
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It is banned from being advertised. But can it still be offered as a product by a brokerage firm? And does it count as advertising if the brokerage firm lists it as an offering?
 
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