Day traders' weekend lounge March 19 - 21, page-132

What do people think about these new ASIC imposed regulations on CFD providers that come into effect from the end of March.
Lower leverage limits definitely seem to be good idea to help protect retail traders, some of the leverage ratios on CMC were insane, like 500:1
Im not so sure if the new margin close out rules are helpful though.. requiring the start of automatic liquidation of positions at 50%