Regulators say firms are using a number of methods to skirt the rules
Move aimed at protecting consumers from unsuitable investments
Regulator orders almost US$1 million in sanctions, disgorgement and restitution
Proposed rules aim to address the risks to retail investors from trading in complex derivative products
The Cyprus-based firm allowed Ontario investors to trade contracts for difference
Commission alleges eToro opened accounts for investors in Ontario to trade CFDs based on cryptocurrencies and stocks
A significant investor protection concern continues to exist
The interventions aim to protect retail investors
Retail investors may be at serious risk of harm from poor practices in from distributors
The proposals aim to improve standards across the sector and ensure consumers are appropriately protected