ESMA launches call for evidence on the effects of product intervention measures
The European Securities and Markets Authority (ESMA) has today launched a call for evidence on the effects of product intervention measures regarding contracts for differences (CFDs) and binary options on market participants and clients.
The European Commission asked ESMA to report on its experience with product intervention powers, including the practical effects of the product intervention measures. As part of its review and renewal process of the temporary measures in relation to binary options and CFDs, ESMA has collected significant information on the impact of its product intervention powers. This call for evidence invites market participants, consumers and their associations to share any further information on the effects of the measures.
ESMA will consider the responses to this call for evidence when drafting its response to the European Commission. The call for evidence closes by 4 November 2019. Please submit your contributions online via ‘Your input - Consultations’.