AMF has blacklisted a number of unauthorized brokers proposing what it calls “atypical investments”, or offering binary options trading.
Binary options allow traders to take benefits from price fluctuations in numerous worldwide markets. Yet it's significant to understand.
US Commodity Futures Trading Commission (CFTC) has announced that it has added 22 unregistered foreign companies to its RED list.
A Hawaii magistrate judge recommended penalties against a fraudster, Peter Szatmari who the CFTC said defrauded customers via unregistered binary options.
The Court issued its verdict in the ASIC vs TitanTrade case, in favor of the regulator. Binary options broker TitanTrade violated the Corporations Act.
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.