Category: Binary Options

Canada CSA annual report binary options scams
July 31, 2017 BY LeapRate Staff

Canada regulator CSA highlights Binary Options scams in its 2017 annual report

Pan-Canadian financial regulator Canadian Securities Administrators (CSA) has issued its 2017 annual report, highlighting the CSA's ongoing fight against Binary Options scams targeting Canadian consumers. The CSA comprises a council of securities regulators of Canada’s 10 provinces and three territories. It coordinates and harmonizes regulation for the Canadian capital markets. The CSA devoted an entire section…

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Nadex regulated binary options exchange
July 31, 2017 BY LeapRate Staff

CFTC releases review of the Nadex regulated Binary Options exchange

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight announced today that it has issued the results of a rule enforcement review of the North American Derivatives Exchange Inc. (Nadex), with the review results being fairly positive. Nadex is a regulated Binary Options exchange, owned by UK based online trading leader IG Group Holdings…

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techfinancials
July 28, 2017 BY LeapRate Staff

Binary Options company TechFinancials grants 1.1 million options to employees and directors

Binary options platform and brokerage group TechFinancials Inc (LON:TECH) has announced that under the terms of the Company's 2014 Employee Share Incentive Plan and on the recommendation of the Remuneration Committee, the Board yesterday granted options over 1,120,000 TechFinancials' ordinary shares to employees, directors and consultants to the Company at an exercise price of US$0.0915 (approximately 7…

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July 19, 2017 BY admin

US regulated binary broker Nadex to end free trading incentive program

CFTC-regulated binary options broker Nadex has given notice that its free trading incentive program will terminate at the close of business on Friday, July 21, 2017. Any account that has not made an initial funding as of 4:15 pm ET on July 21, 2017, will no longer be eligible for the fee-free trading days under the…

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binary options scam citrade
July 19, 2017 BY LeapRate Staff

Citrades and AutoTradingBinary owner Jason Scharf charged in $16 million Binary Options fraud

Continuing its work against investment schemes targeting retail traders in the US and around the world, US regulator CFTC has charged California resident Jason B. Scharf, his worldwide web of companies, and Florida-based affiliate marketers Michael Shah and Zilmil, Inc. with running a $16 million Binary Options fraud scheme. The CFTC has announced that a federal…

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OptionRally license suspended CySEC
July 13, 2017 BY LeapRate Staff

Binary Options broker OptionRally has its license suspended by CySEC

Cyprus financial regulator CySEC has announced the suspension of the CIF license granted to Binary Options broker Optionrally Financial Services Ltd. The reasons given by CySEC involve issues involving protection of clients’ funds, the company's own funds, and the company's capital adequacy ratio. CySEC has given OptionRally one week to take actions in order to comply. In the interim,…

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Stern Options binary warning
July 12, 2017 BY LeapRate Staff

FMA warns of cold calling Binary broker Stern Options

New Zealand financial regulator Financial Markets Authority (FMA) has issued a warning regarding Binary Options broker Stern Options, operating from website sternoptions.com. Adding Stern Options to its "Businesses to be wary of" list, the FMA stated that it has received reports that representatives of Stern Options are cold calling New Zealand Residents. Stern Options is not…

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binary options fraud
July 10, 2017 BY LeapRate Staff

CFTC video series on investment fraud to feature Binary Options scams

The U.S. Commodity Futures Trading Commission (CFTC) has launched True Fraud Stories, a video series about how cunning fraudsters have lured smart investors into fraudulent investment schemes that resulted in the loss of thousands of dollars of their savings. These real-life victims tell their stories hoping others will become educated about financial fraud and avoid…

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