CP 322 Product intervention: OTC binary options and CFDs | ASIC

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Released 22 August 2019. Comments closed 1 October 2019.

This paper sets out ASIC’s proposals to exercise its product intervention power in Pt 7.9A of the Corporations Act to make certain market-wide product intervention orders relating to the issue and distribution of over-the-counter (OTC) binary options and contracts for difference (CFDs) to retail clients.

We are seeking the views of consumers, product issuers and other interested stakeholders on our proposed orders.

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Submissions

ASIC received over 400 submissions to CP 322. Below are the non-confidential submissions from entities.

Below are the non-confidential submissions from individuals: