The Australian regulator points to widespread breaches of the product intervention order and shortcomings in distribution practices across 52 issuers.

The Australian Securities and Investments Commission  (ASIC )  reported that its whole-of-industry review of the contracts for difference (CFD) sector has returned  nearly AU $40m  (US$26.5m)  to more than 38,000 retail investors and delivered broad compliance improvements across distribution and reporting.    Each year, thousands of Australians lose money trading CFDs -  Simone Constant, ASIC The review covered 52 licensed issuers between October