The new restriction of leverage is total BS. It's not for protecting the traders but the brokers.
For traders, higher leverage is always better because, for example, you can just deposit $1k to your trading account with 500:1 leverage instead of $10k for 50:1 to have the same size of lots open.
And it's purely ignorant and uneducated to argue that high leverage = high risk. If you trade 1 lot, 100 pips negative means the same amount of loss, regardless of whatever leverage you are using. And low leverage makes hedging impossible and therefore it's actually safer to trade with a high leverage.
When it comes to risk management, it's about the size of the order and the potential loss, not about the leverage.
I say again, the new rule about limited leverage is total BS. It only benefits the big guys and the brokers, not the traders. And it's totally against the principles of the free market.