Australian Securities and Investments Commission

That is ASIC's own description of its role. For retail CFDs, ASIC's product intervention order has applied since 29 March 2021. The 2020 announcement caps leverage at 30:1 for a major currency pair, 20:1 for a minor pair, gold or a major index, 10:1 for another commodity or a minor index, 5:1 for shares or other assets, and 2:1 for crypto-assets. It also standardises margin close-out, limits a retail client's CFD losses to the funds in the CFD trading account, and bans certain inducements. ASIC extended the order in 2022 so that it expires on 23 May 2027. On 12 October 2026 ASIC asked for comments, by 16 November 2026, on a proposal to extend it until its statutory sunset on 1 April 2031. That extension is a proposal, and it needs ministerial approval. It was not a completed change on the day this page was checked.