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Yeah good point. Someone writes a book explaining how CFD's work, the benefits of using them over physical equities, and some basic trading strategies including entries and exits. I would certainly regard that as having the potential to influence someone to trade.


But I imagine this is where ASIC exercise their discretion. There may even be a specific section of the corporations act that deals with books & authors, however I haven't been able to find it. What about if I wrote an e-book once a week? What about one a day? At what point is a communication a "book", as opposed to a "statement of opinion"? Is there even a difference?


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