The US SEC has imposed more than $ 60 million in fines and penalties on three US-based binary options traders. Why does SEC fine binary option marketers?
The European Securities and Markets Authority ESMA will not renew restriction on CFDs in the European Union.
Financial regulators are increasing their actions against binary options and CFDs. Today, the CFTC fined Binary International for violating the national trading regulations.
The Financial Authority of Cyprus has revealed that according to the current product intervention rules brokers need to adhere to national product intervention measures applying in each EU country. The new CySEC product intervention rules are expected to be released by September.
Belgium Financial Services Markets Authority (FSMA) has recently issued another warning against brokerage companies, which were offering binary options despite a permanent ban on these trading tools since August 2016.
Due to the non-reliable basis for valuation for crypto assets the British financial authority, FCA proposed banning retail consumer crypto derivatives. Will FCA ban retail consumer crypto derivative?
The French financial regulator AMF blacklists Flexioptions Binary Options firm and warns investors against using the website www.flexioptions.com.
CSSF has confirmed it would adopt new ESMA rules. Along with putting restrictions on CFDs the financial regulator of Luxembourg bans binary options.
Yehuda Belsky, Y Trading binary options owner has been convicted on up to 40 years in prison restitution for the securities fraud after pleading guilty today.
The Australian research agency, Scamwatch, reports, that Australian investment scams have already caused $18m losses in the first five months of 2019.