IG expects no hit from new French regulations


IG expects no hit from new French regulations
  1. IG expects no hit from new French regulations
    marketwatch.com
    LONDON-- Spread betting company IG Group Holdings PLC (IGG.LN) Monday said new requirements imposed by the French regulator on advertising of products should not have a material negative impact on the company and could even boost its competitive position. …
    Finance

LONDON-- Spread betting company IG Group Holdings PLC (IGG.LN) Monday said new requirements imposed by the French regulator on advertising of products should not have a material negative impact on the company and could even boost its competitive position.

The key marketing restrictions do not affect accounts IG offers because they already offer guarantees such as not having a negative balance, IG said.

Shares at 0821 GMT, up a penny, or 0.09%, at 532 pence valuing the company at GBP1.95 billion.

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

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