Germany’s BaFin intervenes in Turbo certificates trading
BaFin’s product intervention measure restricts the marketing, distribution, and sale of Turbo certificates to retail investors in Germany.
BaFin’s product intervention measure restricts the marketing, distribution, and sale of Turbo certificates to retail investors in Germany.
BaFin will accept comments on its planned product intervention measure on Turbos until July 3, 2025.
A 2020 law that has kept many German retail traders out of the CFDs trading market is being reversed.
RIDE had attracted a number of high profile German investors, including Germany national team footballer Mario Götze.