CFD crackdown will cost $400m tax revenue

CFD crackdown will cost $400m tax revenue

More than 1000 local jobs are at risk if ASIC massively reduces leverage on derivative products used by investors, according to product providers.

Link to full article, may require a subscription:

https://www.afr.com/companies/financial-services/cfd-crackdown-will-cost-400m-tax-revenue-20190913-p52qw9

By Duncan Hughes

Australian Financial Review – Sep 16, 2019 — 2.52pm