The Australian Securities and Investments Commission alleged eToro users with no understanding of CFD product risks could still buy them on the platform. Australia’s financial regulator has sued eToro ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Asic alleges eToro’s target market for the leveraged trading ...

Benzinga - Australia's market regulator, the Securities and Investments Commission (ASIC), has initiated legal proceedings against Etoro, the online investment platform. EToro's contract for ...

The corporate regulator is taking online investment platform eToro to court, alleging that multiple breaches for selling high risk products to investors without adequate screening. The Australian ...

ASIC has commenced proceedings in the Federal Court against online investment platform, eToro Aus Capital Limited, “regarding its contract for difference (CFD) product.” ASIC is alleging “breaches of ...

The investment watchdog is suing online investment platform eToro over claims it marketed “volatile” contracts for difference (CFD) products to unsuitable investors, leading to almost 20,000 customers ...

eToro, a leading name in the CFD industry and a pioneer in copy trading, was established in 2007. The Israeli broker is regulated across multiple jurisdictions, including authorization by four Tier-1 ...

ASIC alleges that eToro's CFD target market was excessively broad. ASIC is seeking declarations and monetary penalties from the court. Our government trade tracker caught Pelosi’s 169% AI winner.