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ESMA decides to renew the prohibitions relating to Contracts for Differences (CFDs) for one quarter

ESMA, the European Securities Market Authority, on the basis of the new powers of product intervention attributed by the regime under the MiFID II, decided on April 17 to renew for a further quarter, from 1 May to July 31, 2019, the prohibitions and limits, already in force, for the sale, marketing and distribution in Europe of Contracts For Differences (CFDs) to retail customers. These prohibitions, already in force since 2018, have been the subject of various quarterly extensions (ESMA Ddecisions (EU) nos. 2018/796, 2018/1636 and 2019/155). ....