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CFD providers may be failing to deliver fair value to consumers, FCA warns

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GRIP Montage: FCA

The regulator said there is evidence of good practice too, but that firms can do better in adhering to the Consumer Duty.

The UK’s financial watchdog has warned that some firms providing Contracts for Difference (CFD) services may not be meeting regulatory requirements in relation to providing fair value to customers, and hence failing in their Customer Duty obligations.

A new survey by the FCA has revealed that, while there is some