|GAIN Capital Responds to FCA's Consultation Paper|
GAIN is in favor of measures that enhance consumer protection in the FX/CFD market. The Company in particular supports all measures to curb aggressive marketing to inexperienced investors and to ensure all clients fully understand the risks of FX/CFD trading.
The Company operates a broadly diversified business, which includes a retail FX/CFD business spanning eight regulatory jurisdictions, including several which currently set leverage ratios for retail investors at similar levels to those proposed by FCA. The Company also operates a U.S.-based retail futures business and an international institutional trading business, GTX, which are unaffected by the FCA's proposals.
Several of the other changes proposed by the FCA are consistent with
GAIN also notes the FCA has proposed a timeline of
Throughout its history the Company has excelled at times of regulatory change and views with confidence its ability to navigate the current proposed changes.
About GAIN Capital
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Investor Relations Contact, +1 908.731.0737, firstname.lastname@example.org; Media Contact, Chris Mittendorf, Edelman for GAIN Capital, +1 212.704.8134, email@example.com