eToro Sued by Australia’s Market Regulator for Leveraged Product

CoinDesk reported:

“For example, if a retail client had a medium-risk tolerance but was not an experienced investor and had no understanding of the risks of trading CFDs, that client still fell within the target market,” the ASIC said. “…clients could amend their answers without limitation and clients were prompted if they selected answers which could result in them failing.

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